MAGNA MINING INC (NICU.CA) Technical Analysis
TSX-V:NICU • CA55925F1027
We assign a technical rating of 2 out of 10 to NICU. Although NICU is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- NICU is one of the lesser performing stocks in the Metals & Mining industry. 61% of 815 stocks in the same industry do better.
- In the last month NICU has a been trading in the 2.56 - 3.43 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that NICU is one of the better performing stocks in the market, outperforming 73% of all stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- NICU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NICU is lagging the market.
- Volume is considerably higher in the last couple of days.
NICU has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
2.21
3 important support areas can be observed.
- Support @2.76 from a horizontal line in the weekly time frame.
- Support @2.67 from a horizontal line in the daily time frame.
- Support @2.23 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.90 to 2.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 NICU.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NICU.CA is down. |
| ChartMill Relative Strength | 73.88 | POSITIVE | NICU.CA has a high relative strength, it outperformed 73.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NICU.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NICU.CA is below 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) | 42.52 | NEUTRAL | The RSI value for NICU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NICU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.23 | NEUTRAL | The Stochastics value for NICU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.96 | HIGH VOLATILITY | The high ATR as a percentage value for NICU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.41 | NEGATIVE | The low ADX value for NICU.CA suggests a weak or negative trend. |
NICU.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:NICU (3/10/2026, 7:00:00 PM)
2.77
+0.09 (+3.36%)
MAGNA MINING INC / NICU.CA FAQ
Can you provide the ChartMill technical rating for MAGNA MINING INC?
ChartMill assigns a technical rating of 2 / 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 Bearish.
Can you provide the RSI signal for MAGNA MINING INC?
MAGNA MINING INC (NICU.CA) has an RSI value of 42.5244. 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 negative.
What are the support and resistance levels for MAGNA MINING INC (NICU.CA) stock?
MAGNA MINING INC (NICU.CA) has a support level at 2.76 and a resistance level at 2.9. Check the full technical report for our detailed analysis of NICU.CA support and resistance levels.