NICOLA MINING INC (NIM.CA) Stock Technical Analysis
TSX-V:NIM • CA65405R2037
We assign a technical rating of 10 out of 10 to NIM. Both in the recent history as in the last year, NIM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that NIM is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, NIM also shows a nice and consistent pattern of rising prices.
- NIM is part of the Metals & Mining industry. There are 802 other stocks in this industry. NIM outperforms 82% of them.
- 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.
- In the last month NIM has a been trading in the 1.03 - 1.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
NIM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.25, a Stop Loss order could be placed below this zone.
More info and screens
0.98
We found 4 important support areas.
- A support zone ranging from 1.24 to 1.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.13 from a horizontal line in the daily time frame.
- A support zone ranging from 1.09 to 1.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.99 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.31 from a horizontal 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 NIM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NIM.CA is up. |
| ChartMill Relative Strength | 93.61 | POSITIVE | NIM.CA has a high relative strength, it outperformed 93.61% 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) | 57.86 | NEUTRAL | The RSI value for NIM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NIM.CA has a negative trend. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for NIM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.12 | HIGH VOLATILITY | The high ATR as a percentage value for NIM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 41.35 | POSITIVE | The high ADX value value for NIM.CA suggests a strong 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 |
|---|---|---|---|
| 1.32 | 1.23 | 0.09 (6.82%) | 14.67% |
| An entry @1.32. This is a Buy Stop order right above the resistance zone. | An exit @1.23. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.09 points, which is 6.82%. | When investing 14.67% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of NIM. Please evaluate whether better entry and exit points can be found.
- 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 (2/23/2026, 7:00:00 PM)
1.25
+0.01 (+0.81%)
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 57.8646. 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 1.25 and a resistance level at 1.31. Check the full technical report for our detailed analysis of NIM.CA support and resistance levels.