NICAN LTD (NICN.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:NICN • CA65366M1023
We assign a technical rating of 5 out of 10 to NICN. In the last year, NICN was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- NICN is one of the lesser performing stocks in the Metals & Mining industry. 74% of 812 stocks in the same industry do better.
- In the last month NICN has a been trading in the 0.04 - 0.07 range, which is quite wide. It is currently trading near the lows of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, NICN turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
- NICN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NICN is lagging the market.
- Considerably lower volume is observed in the last couple of days.
NICN has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately.
More info and screens
0.04
We found 1 important support area.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages 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 NICN.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NICN.CA is neutral. |
| ChartMill Relative Strength | 55.37 | NEUTRAL | NICN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NICN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NICN.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NICN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.69 | NEUTRAL | The RSI value for NICN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NICN.CA has a negative trend. |
| Stochastics (14,3) | 19.44 | OVERSOLD | The low Stochastics value suggests NICN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 10 | HIGH VOLATILITY | The high ATR as a percentage value for NICN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.45 | NEUTRAL | The ADX value for NICN.CA suggests a possible start of a new trend. |
TSX-V:NICN (2/6/2026, 7:00:00 PM)
0.05
0 (0%)
NICAN LTD / NICN.CA FAQ
What is the ChartMill technical rating of NICAN LTD (NICN.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to NICN.CA.
What is the trend direction for NICN stock?
The current trend direction for NICAN LTD (NICN.CA) is Bearish.
What is the RSI signal for NICN stock?
NICAN LTD (NICN.CA) has an RSI value of 45.6914. This indicates that the stock is currently neutral.
What is the MACD signal for NICN stock?
The MACD indicator for NICAN LTD (NICN.CA) has a value of -0.00111621, indicating a bearish trend.