NICOLA MINING INC (NIM.CA) Stock Technical Analysis
TSX-V:NIM - TSX Venture Exchange - CA65405R2037 - Common Stock - Currency: CAD
Taking everything into account, NIM scores 10 out of 10 in our technical rating. 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 96% of all other stocks.
NIM is one of the better performing stocks in the Metals & Mining industry, it outperforms 90% of 798 stocks in the same industry.
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 0.62 - 0.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although NIM has an excellent technical rating, it does not offer a high quality setup 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
0.44
0.80
3 important support areas can be observed.
- A support zone ranging from 0.76 to 0.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.44 from a trend 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 | 96.22 | POSITIVE | NIM.CA has a high relative strength, it outperformed 96.22% 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) | 65.04 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 65.52 | NEUTRAL | The Stochastics value for NIM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.36 | HIGH VOLATILITY | The high ATR as a percentage value for NIM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 63.23 | POSITIVE | The high ADX value value for NIM.CA 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)
TSX-V:NIM (8/8/2025, 7:00:00 PM)
0.79
-0.05 (-5.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5.95%
1 Week1.28%
2 Weeks11.27%
1 Month21.54%
3 Month116.44%
6 Month163.33%
12 Month146.88%
2 Year338.89%
3 Year1028.57%
5 Year351.43%
10 Year829.41%
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%6.36%
ATR Inc61.91%
Range Today0.15
ADR(20)0.05
ADR(20)%6.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.22
Mansfield9.2
10 Day High0.92
10 Day Low0.7
20 Day High0.92
20 Day Low0.62
52 Week High0.92
52 Week Low0.23
CS1 End0.76
CR1 StartN/A
Volume & EV
DER(3)68.19%
DER(5)54.38%
Volume191.92K
Volume Incr-12.02%
Vol(5)115.82K
Vol(50)134.66K