NICKEL 28 CAPITAL CORP (NKL.CA) Stock Technical Analysis
TSX-V:NKL - TSX Venture Exchange - CA65401N1078 - Common Stock - Currency: CAD
Taking everything into account, NKL scores 6 out of 10 in our technical rating. NKL has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: NKL has an average volume of 20218 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that NKL is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this relatively good performance is mostly due to a recent big move.
NKL is an average performer in the Metals & Mining industry, it outperforms 54% of 805 stocks in the same industry.
NKL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NKL is lagging the market.
In the last month NKL has a been trading in the 0.64 - 0.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NKL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.70
0.87
3 important support areas can be observed.
- A support zone ranging from 0.75 to 0.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.73 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.71 to 0.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @0.82 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.84 to 0.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.86 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 NKL.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NKL.CA is neutral. |
| ChartMill Relative Strength | 71.42 | POSITIVE | NKL.CA has a high relative strength, it outperformed 71.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NKL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NKL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NKL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.42 | NEUTRAL | The RSI value for NKL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NKL.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 80 | NEUTRAL | The Stochastics value for NKL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.44 | HIGH VOLATILITY | The high ATR as a percentage value for NKL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.82 | POSITIVE | The high ADX value value for NKL.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:NKL (7/14/2025, 7:00:00 PM)
0.79
-0.02 (-2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.47%
1 Week6.76%
2 Weeks5.33%
1 Month1.28%
3 Month33.9%
6 Month-5.95%
12 Month5.33%
2 Year-33.61%
3 Year-18.56%
5 Year236.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%5.44%
ATR Inc-12.5%
Range Today0.05
ADR(20)0.04
ADR(20)%4.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.42
Mansfield-0.01
10 Day High0.81
10 Day Low0.67
20 Day High0.84
20 Day Low0.64
52 Week High0.88
52 Week Low0.51
CS1 End0.77
CR1 Start0.82
Volume & EV
DER(3)0%
DER(5)0%
Volume8.00K
Volume Incr-35.35%
Vol(5)18.12K
Vol(50)20.22K