NICOLA MINING INC (NIM.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:NIM - CA65405R2037 - Common Stock
We assign a technical rating of 10 out of 10 to NIM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NIM is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, NIM did better than 89% of all other stocks. On top of that, NIM also shows a nice and consistent pattern of rising prices.
- NIM 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 NIM is lagging the market slightly.
- NIM is part of the Metals & Mining industry. There are 817 other stocks in this industry, NIM did better than 69% of them.
- In the last month NIM has a been trading in the 0.96 - 1.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NIM 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
0.92
We found 2 important support areas.
- A support zone ranging from 1.00 to 1.01. 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 0.93 to 0.96. 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 NIM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NIM.CA is up. |
| ChartMill Relative Strength | 89.44 | POSITIVE | NIM.CA has a high relative strength, it outperformed 89.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NIM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NIM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NIM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.43 | NEUTRAL | The RSI value for NIM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NIM.CA has a positive trend. |
| Stochastics (14,3) | 65.83 | NEUTRAL | The Stochastics value for NIM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for NIM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23 | NEUTRAL | The ADX value for NIM.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.14 | 0.99 | 0.15 (13.16%) | 7.60% |
| An entry @1.14. This is a Buy Stop order right above the 10 day high. | An exit @0.99. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.15 points, which is 13.16%. | When investing 7.60% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:NIM (1/23/2026, 7:00:00 PM)
1.04
-0.03 (-2.8%)
NICOLA MINING INC / NIM.CA FAQ
What is the technical rating for NIM stock?
ChartMill assigns a technical rating of 10 / 10 to NIM.CA.
Can you provide the trend direction for NICOLA MINING INC?
The current trend direction for NICOLA MINING INC (NIM.CA) is Bullish.
Can you provide the RSI signal for NICOLA MINING INC?
NICOLA MINING INC (NIM.CA) has an RSI value of 57.4302. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for NICOLA MINING INC?
The buy/sell signal for NICOLA MINING INC (NIM.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for NICOLA MINING INC (NIM.CA) stock?
NICOLA MINING INC (NIM.CA) has a support level at 1.01. Check the full technical report for our detailed analysis of NIM.CA support and resistance levels.