SPROTT NICKEL MINERS ETF (NIKL) Stock Technical Analysis
USA - NASDAQ:NIKL - US85208P6007 - ETF
14.63 USD
+0.79 (+5.71%)
We assign a technical rating of 8 out of 10 to NIKL. Although NIKL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: NIKL has an average volume of 17950 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
NIKL is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month NIKL has a been trading in the 12.52 - 14.63 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that NIKL is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NIKL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
12.51
14.78
2 important support areas can be observed.
- A support zone ranging from 13.65 to 13.77. 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 12.64 to 12.90. 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 | UP | POSITIVE | The long term trend for NIKL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NIKL is up. |
| ChartMill Relative Strength | 78.51 | POSITIVE | NIKL has a high relative strength, it outperformed 78.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NIKL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NIKL is above the rising 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) | 75.02 | OVERBOUGHT | The high RSI value suggests NIKL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests NIKL has a positive trend. |
| Stochastics (14,3) | 92.21 | OVERBOUGHT | The high Stochastics value suggests NIKL may be overbought. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for NIKL suggests some volalility. |
| Average Directional Index/ADX (14) | 25.9 | POSITIVE | The high ADX value value for NIKL 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)
NASDAQ:NIKL (9/26/2025, 8:16:34 PM)
14.63
+0.79 (+5.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.71%
1 Week7.26%
2 Weeks10.17%
1 Month14.21%
3 Month29.01%
6 Month61.03%
12 Month6.25%
2 Year-23.53%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%2.06%
ATR Inc86.06%
Range Today0.38
ADR(20)0.22
ADR(20)%1.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.51
Mansfield1.76
10 Day High14.63
10 Day Low13.29
20 Day High14.63
20 Day Low12.52
52 Week High14.63
52 Week Low7.25
CS1 End13.77
CR1 StartN/A
Volume & EV
DER(3)4.44%
DER(5)-1.82%
Volume28.90K
Volume Incr112.45%
Vol(5)21.48K
Vol(50)17.95K