NEVADA SUNRISE METALS CORP (NEV.CA) Stock Technical Analysis
TSX-V:NEV - TSX Venture Exchange - CA6414921032 - Common Stock - Currency: CAD
Taking everything into account, NEV scores 5 out of 10 in our technical rating. NEV has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
NEV has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.03, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NEV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
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2 important support areas can be observed.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.02 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.04 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for NEV.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NEV.CA is down. |
| ChartMill Relative Strength | 76.67 | POSITIVE | NEV.CA has a high relative strength, it outperformed 76.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NEV.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NEV.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NEV.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.35 | NEUTRAL | The RSI value for NEV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NEV.CA has a negative trend. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for NEV.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 15 | HIGH VOLATILITY | The high ATR as a percentage value for NEV.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.59 | NEGATIVE | The low ADX value for NEV.CA suggests a weak or negative trend. |
TSX-V:NEV (7/11/2025, 7:00:00 PM)
0.03
0 (0%)