SPROTT NICKEL MINERS ETF (NIKL) Technical Analysis
NASDAQ:NIKL • US85208P6007
Current stock price
NIKL Technical Rating and Analysis
Taking everything into account, NIKL scores 5 out of 10 in our technical rating. In the last year, NIKL was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month NIKL has a been trading in the 15.96 - 20.15 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.
- Looking at the yearly performance, NIKL did better than 91% of all other stocks. On top of that, NIKL also shows a nice and consistent pattern of rising prices.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- NIKL 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 NIKL is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
NIKL Weekly and Daily overview Charts
NIKL Setup Rating and Analysis
NIKL has an average technical rating and also 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
NIKL Support and Resistance Analysis
12.78
When analyzing the support we can see 3 important areas.
- Support @14.99 from a trend line in the daily time frame.
- Support @14.23 from a trend line in the daily time frame.
- Support @12.91 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 15.98 to 16.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.75 from a horizontal line in the daily time frame.
NIKL 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 NIKL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NIKL is down. |
| ChartMill Relative Strength | 91.23 | POSITIVE | NIKL has a high relative strength, it outperformed 91.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NIKL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NIKL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NIKL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.35 | NEUTRAL | The RSI value for NIKL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests NIKL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.27 | OVERSOLD | The low Stochastics value suggests NIKL may be oversold. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for NIKL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.1 | NEUTRAL | The ADX value for NIKL suggests a possible start of a new trend. |
NIKL Chart- and CandleStick Pattern Analysis
NIKL Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:NIKL (3/18/2026, 2:27:59 PM)
15.78
-0.46 (-2.83%)
SPROTT NICKEL MINERS ETF / NIKL TA FAQ
Can you provide the ChartMill technical rating for SPROTT NICKEL MINERS ETF?
ChartMill assigns a technical rating of 5 / 10 to NIKL.
Can you provide the trend direction for SPROTT NICKEL MINERS ETF?
The current trend direction for SPROTT NICKEL MINERS ETF (NIKL) is Bullish.
Can you provide the RSI signal for SPROTT NICKEL MINERS ETF?
SPROTT NICKEL MINERS ETF (NIKL) has an RSI value of 36.3477. This indicates that the stock is currently neutral.
What is the MACD signal for NIKL stock?
The MACD indicator for SPROTT NICKEL MINERS ETF (NIKL) has a value of -0.28482, indicating a bearish trend.
What is the buy/sell signal for SPROTT NICKEL MINERS ETF (NIKL) stock?
The buy/sell signal for SPROTT NICKEL MINERS ETF (NIKL) is hold as the short term and long term trends are mixed.