NIOCORP DEVELOPMENTS LTD -28 (NIOBW) Stock Technical Analysis
NASDAQ:NIOBW
Taking everything into account, NIOBW scores 5 out of 10 in our technical rating. Although NIOBW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- NIOBW is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- When comparing the yearly performance of all stocks, we notice that NIOBW is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by NIOBW over the past year are nicely spread over this period.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- NIOBW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NIOBW is lagging the market.
- Considerably lower volume is observed in the last couple of days.
NIOBW has an average technical rating and it also 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.
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1.73
When analyzing the support we can see 3 important areas.
- Support @2.00 from a trend line in the daily time frame.
- Support @1.95 from a horizontal line in the daily time frame.
- Support @1.75 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.06 to 2.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.75 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for NIOBW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NIOBW is down. |
| ChartMill Relative Strength | 99.71 | POSITIVE | NIOBW has a high relative strength, it outperformed 99.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NIOBW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NIOBW is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NIOBW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.97 | NEUTRAL | The RSI value for NIOBW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NIOBW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.28 | OVERSOLD | The low Stochastics value suggests NIOBW may be oversold. |
| Average True Range in percent/ATR (20) | 12.96 | HIGH VOLATILITY | The high ATR as a percentage value for NIOBW suggests high volalility. |
| Average Directional Index/ADX (14) | 13.9 | NEGATIVE | The low ADX value for NIOBW suggests a weak or negative trend. |
NASDAQ:NIOBW (3/2/2026, 8:00:02 PM)
2.05
+0.05 (+2.5%)
NIOCORP DEVELOPMENTS LTD -28 / NIOBW FAQ
What is the technical rating for NIOBW stock?
ChartMill assigns a technical rating of 5 / 10 to NIOBW.
What is the current trend direction of NIOCORP DEVELOPMENTS LTD -28 (NIOBW) stock?
The current trend direction for NIOCORP DEVELOPMENTS LTD -28 (NIOBW) is Bearish.
Can you provide the RSI signal for NIOCORP DEVELOPMENTS LTD -28?
NIOCORP DEVELOPMENTS LTD -28 (NIOBW) has an RSI value of 41.968. This indicates that the stock is currently neutral.
What is the MACD signal for NIOBW stock?
The MACD indicator for NIOCORP DEVELOPMENTS LTD -28 (NIOBW) has a value of -0.041707, indicating a bearish trend.
Can you provide the support and resistance levels for NIOCORP DEVELOPMENTS LTD -28?
NIOCORP DEVELOPMENTS LTD -28 (NIOBW) has a support level at 2 and a resistance level at 2.06. Check the full technical report for our detailed analysis of NIOBW support and resistance levels.