NICAN LTD (NICN.CA) Technical Analysis
TSX-V:NICN • CA65366M1023
Current stock price
NICN.CA Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to NICN. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month NICN has a been trading in the 0.09 - 0.14 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- NICN is one of the better performing stocks in the Metals & Mining industry, it outperforms 83% of 804 stocks in the same industry.
- When comparing the yearly performance of all stocks, we notice that NICN is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- NICN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NICN is lagging the market slightly.
NICN.CA Weekly and Daily overview Charts
NICN.CA Setup Rating and Analysis
Besides having an excellent technical rating, NICN also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.08, a Stop Loss order could be placed below this zone.
More info and screens
NICN.CA Support and Resistance Analysis
0.04
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.05 from a trend line in the daily time frame.
- 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.
NICN.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 | UP | POSITIVE | The long term trend for NICN.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NICN.CA is neutral. |
| ChartMill Relative Strength | 93.58 | POSITIVE | NICN.CA has a high relative strength, it outperformed 93.58% off all stocks 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 | POSITIVE | The current price of NICN.CA is above 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) | 45.47 | 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) | 23.33 | NEUTRAL | The Stochastics value for NICN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 17.78 | HIGH VOLATILITY | The high ATR as a percentage value for NICN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.28 | POSITIVE | The high ADX value value for NICN.CA suggests a strong trend. |
NICN.CA Chart- and CandleStick Pattern Analysis
NICN.CA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.12 | 0.08 | 0.04 (36.44%) | 2.74% |
| An entry @0.12. This is a Buy Stop order right above the 10 day moving average. | An exit @0.08. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 36.44%. | For a 1.00% total portfolio risk, you can invest 2.74% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NICN.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:NICN (3/24/2026, 7:00:00 PM)
0.09
-0.01 (-14.29%)
NICAN LTD / NICN.CA TA FAQ
What is the ChartMill technical rating of NICAN LTD (NICN.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to NICN.CA.
What is the trend direction for NICN stock?
The current trend direction for NICAN LTD (NICN.CA) is Bullish.
What is the RSI signal for NICN stock?
NICAN LTD (NICN.CA) has an RSI value of 45.4659. 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 -0.00471756, indicating a bearish trend.