NIGHTHAWK GOLD CORP (NHK.CA) Technical Analysis
TSX:NHK • CA65412D8098
Current stock price
NHK.CA Technical Rating and Analysis
Overall NHK gets a technical rating of 0 out of 10. NHK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, NHK is a bad performer in the overall market: 90% of all stocks are doing better.
- NHK is one of the lesser performing stocks in the Metals & Mining industry. 83% of 795 stocks in the same industry do better.
- NHK is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month NHK has a been trading in the 0.25 - 0.29 range, which is quite wide. It is currently trading near the lows of this range.
NHK.CA Weekly and Daily overview Charts
NHK.CA Setup Rating and Analysis
NHK has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for NHK 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
NHK.CA Support and Resistance Analysis
0.25
3 important resistance areas can be observed.
- A resistance zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.28 from a horizontal line in the daily time frame.
NHK.CA Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for NHK.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NHK.CA is down. |
| ChartMill Relative Strength | 10.82 | NEGATIVE | NHK.CA has a low relative strength, it was outperformed by 89.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NHK.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NHK.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NHK.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.39 | NEUTRAL | The RSI value for NHK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NHK.CA has a positive trend. |
| Stochastics (14,3) | 16.67 | OVERSOLD | The low Stochastics value suggests NHK.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.71 | MEDIUM VOLATILITY | The ATR as a percentage value for NHK.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.44 | POSITIVE | The high ADX value value for NHK.CA suggests a strong trend. |
NHK.CA Chart- and CandleStick Pattern Analysis
NHK.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:NHK (2/8/2024, 7:00:00 PM)
0.255
0 (0%)
NIGHTHAWK GOLD CORP / NHK.CA TA FAQ
Can you provide the ChartMill technical rating for NIGHTHAWK GOLD CORP?
ChartMill assigns a technical rating of 0 / 10 to NHK.CA.
What is the current trend direction of NIGHTHAWK GOLD CORP (NHK.CA) stock?
The current trend direction for NIGHTHAWK GOLD CORP (NHK.CA) is Bearish.
Can you provide the RSI signal for NIGHTHAWK GOLD CORP?
NIGHTHAWK GOLD CORP (NHK.CA) has an RSI value of 38.3852. This indicates that the stock is currently neutral.
What is the buy/sell signal for NIGHTHAWK GOLD CORP (NHK.CA) stock?
The buy/sell signal for NIGHTHAWK GOLD CORP (NHK.CA) is sell as both the short term and long term trends are negative.
What is the support and resistance level for NHK stock?
NIGHTHAWK GOLD CORP (NHK.CA) has a resistance level at 0.26. Check the full technical report for our detailed analysis of NHK.CA support and resistance levels.