NICOLA MINING INC (NIM.CA) Stock Technical Analysis
TSX-V:NIM - CA65405R2037 - Common Stock
0.76 CAD
+0.01 (+1.33%)
We assign a technical rating of 8 out of 10 to NIM. In the last year, NIM was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month NIM has a been trading in the 0.70 - 0.92 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
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.
NIM is one of the better performing stocks in the Metals & Mining industry, it outperforms 83% of 803 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.
Although NIM has an excellent technical rating, the quality of the presented setup is not ideal 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
0.64
0.85
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.69 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.65 to 0.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @0.84 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 | NEUTRAL | NEUTRAL | The short term trend for NIM.CA is neutral. |
| ChartMill Relative Strength | 93.43 | POSITIVE | NIM.CA has a high relative strength, it outperformed 93.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NIM.CA is below a declining 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) | 54.36 | NEUTRAL | The RSI value for NIM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NIM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.78 | NEUTRAL | The Stochastics value for NIM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.33 | HIGH VOLATILITY | The high ATR as a percentage value for NIM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.27 | 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)
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 |
|---|---|---|---|
| 0.85 | 0.69 | 0.16 (18.82%) | 5.31% |
| An entry @0.85. This is a Buy Stop order right above the 10 day high. | An exit @0.69. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.16 points, which is 18.82%. | When investing 5.31% 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 (8/29/2025, 7:00:00 PM)
0.76
+0.01 (+1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.33%
1 Week7.04%
2 Weeks-7.32%
1 Month-2.56%
3 Month87.65%
6 Month145.16%
12 Month114.09%
2 Year322.22%
3 Year985.71%
5 Year334.29%
10 Year794.12%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%5.33%
ATR Inc38.61%
Range Today0.07
ADR(20)0.04
ADR(20)%5.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.43
Mansfield7.42
10 Day High0.84
10 Day Low0.7
20 Day High0.92
20 Day Low0.7
52 Week High0.92
52 Week Low0.23
CS1 End0.7
CR1 Start0.84
Volume & EV
DER(3)75.49%
DER(5)50.71%
Volume176.11K
Volume Incr45.91%
Vol(5)129.97K
Vol(50)106.36K