NICAN LTD (NICN.CA) Stock Technical Analysis
TSX-V:NICN - TSX Venture Exchange - CA65366M1023 - Common Stock - Currency: CAD
Taking everything into account, NICN scores 5 out of 10 in our technical rating. NICN has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
In the last month NICN has a been trading in the 0.04 - 0.05 range, which is quite wide. It is currently trading near the high 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 68% of all stocks.
NICN is an average performer in the Metals & Mining industry, it outperforms 52% of 805 stocks in the same industry.
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.
Although the technical rating is only medium, NICN does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.04
0.06
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.05 from a horizontal line in the daily time frame.
- Resistance @0.06 from a horizontal line in the weekly 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 | 68.16 | NEUTRAL | NICN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NICN.CA is above the rising 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) | 55.82 | NEUTRAL | The RSI value for NICN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NICN.CA has a positive trend. |
| Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests NICN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 8 | HIGH VOLATILITY | The high ATR as a percentage value for NICN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 37.11 | POSITIVE | The high ADX value value for NICN.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:NICN (7/18/2025, 7:00:00 PM)
0.05
+0.01 (+11.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg11.11%
1 Week0%
2 Weeks0%
1 Month11.11%
3 Month11.11%
6 Month0%
12 Month25%
2 Year0%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%8%
ATR Inc27.27%
Range Today0
ADR(20)0
ADR(20)%5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.16
Mansfield0.38
10 Day High0.05
10 Day Low0.05
20 Day High0.05
20 Day Low0.04
52 Week High0.08
52 Week Low0.03
CS1 End0.05
CR1 Start0.05
Volume & EV
DER(3)0%
DER(5)0%
Volume1.00K
Volume Incr-36.23%
Vol(5)50.10K
Vol(50)90.27K