MAGNA MINING INC (NICU.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:NICU - CA55925F1027 - Common Stock
Overall NICU gets a technical rating of 8 out of 10. In the last year, NICU was one of the better performers, but we do observe some doubts in the very recent evolution.
Although NICU has an excellent technical rating, it does not present a decent entry opportunity 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.
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1.99
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.67 to 2.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.51 to 2.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 2.14 to 2.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.01 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.88 from a trend line 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 | UP | POSITIVE | The long term trend for NICU.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NICU.CA is neutral. |
| ChartMill Relative Strength | 83.34 | POSITIVE | NICU.CA has a high relative strength, it outperformed 83.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NICU.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NICU.CA is above a declining 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) | 59.5 | NEUTRAL | The RSI value for NICU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NICU.CA has a positive trend. |
| Stochastics (14,3) | 55.56 | NEUTRAL | The Stochastics value for NICU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for NICU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.61 | NEGATIVE | The low ADX value for NICU.CA suggests a weak or negative trend. |
TSX-V:NICU (12/19/2025, 7:00:00 PM)
2.88
+0.1 (+3.6%)
MAGNA MINING INC / NICU.CA FAQ
Can you provide the ChartMill technical rating for MAGNA MINING INC?
ChartMill assigns a technical rating of 8 / 10 to NICU.CA.
What is the current trend direction of MAGNA MINING INC (NICU.CA) stock?
The current trend direction for MAGNA MINING INC (NICU.CA) is Bullish.
What is the RSI signal for NICU stock?
MAGNA MINING INC (NICU.CA) has an RSI value of 59.4972. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for MAGNA MINING INC?
MAGNA MINING INC (NICU.CA) has a support level at 2.72 and a resistance level at 2.88. Check the full technical report for our detailed analysis of NICU.CA support and resistance levels.