MAGNA MINING INC (NICU.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:NICU • CA55925F1027
Overall NICU gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NICU is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, NICU did better than 81% of all other stocks. We also observe that the gains produced by NICU over the past year are nicely spread over this period.
- NICU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NICU is lagging the market slightly.
- NICU is an average performer in the Metals & Mining industry, it outperforms 50% of 814 stocks in the same industry.
- In the last month NICU has a been trading in the 2.98 - 3.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
NICU has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.10
We found 4 important support areas.
- Support @3.34 from a horizontal line in the daily time frame.
- Support @2.81 from a trend line in the daily time frame.
- Support @2.27 from a trend line in the weekly time frame.
- Support @2.12 from a trend 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 | UP | POSITIVE | The long term trend for NICU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NICU.CA is up. |
| ChartMill Relative Strength | 81.67 | POSITIVE | NICU.CA has a high relative strength, it outperformed 81.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NICU.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NICU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NICU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.43 | NEUTRAL | The RSI value for NICU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NICU.CA has a negative trend. |
| Stochastics (14,3) | 51.75 | NEUTRAL | The Stochastics value for NICU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.88 | HIGH VOLATILITY | The high ATR as a percentage value for NICU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 39.11 | POSITIVE | The high ADX value value for NICU.CA suggests a strong trend. |
TSX-V:NICU (1/30/2026, 7:00:00 PM)
3.49
-0.2 (-5.42%)
MAGNA MINING INC / NICU.CA FAQ
Can you provide the ChartMill technical rating for MAGNA MINING INC?
ChartMill assigns a technical rating of 10 / 10 to NICU.CA.
Can you provide the trend direction for MAGNA MINING INC?
The current trend direction for MAGNA MINING INC (NICU.CA) is Bullish.
Can you provide the RSI signal for MAGNA MINING INC?
MAGNA MINING INC (NICU.CA) has an RSI value of 54.4316. This indicates that the stock is currently neutral.
What is the short term momentum for NICU stock?
The short term momentum for MAGNA MINING INC (NICU.CA) is positive.
What are the support and resistance levels for MAGNA MINING INC (NICU.CA) stock?
MAGNA MINING INC (NICU.CA) has a support level at 3.34. Check the full technical report for our detailed analysis of NICU.CA support and resistance levels.