OCEANIC WIND ENERGY INC (NKW-H.CA) Stock Technical Analysis
TSX-V:NKW-H - TSX Venture Exchange - CA6752521006 - Common Stock - Currency: CAD
Overall NKW-H gets a technical rating of 6 out of 10. NKW-H has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, NKW-H is a bad performer in the overall market: 83% of all stocks are doing better.
NKW-H is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 92% of 41 stocks in the same industry do better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: NKW-H has an average volume of 24231 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
NKW-H is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month NKW-H has a been trading in the 0.04 - 0.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, NKW-H does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.04, a Stop Loss order could be placed below this zone.
More info and screens
0.03
0.06
2 important support areas can be observed.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.48
Mansfield0.58
10 Day High0.06
10 Day Low0.04
20 Day High0.1
20 Day Low0.04
52 Week High0.1
52 Week Low0.02
Performance
1 Week22.22%
2 Weeks57.14%
1 Month57.14%
3 Month-8.33%
6 Month0%
12 Month-31.25%
2 Year22.22%
3 Year-8.33%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)54.46
LBB0.03
UBB0.06
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 |
|---|---|---|---|
| 0.07 | 0.03 | 0.04 (64.29%) | 1.56% |
| An entry @0.07. This is a Buy Stop order right above the resistance zone. | An exit @0.03. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 64.29%. | For a 1.00% total portfolio risk, you can invest 1.56% of your capital in this trade. |
- 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:NKW-H (5/7/2025, 7:00:00 PM)
0.055
0 (-8.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-8.33%
1 Week22.22%
2 Weeks57.14%
1 Month57.14%
3 Month-8.33%
6 Month0%
12 Month-31.25%
2 Year22.22%
3 Year-8.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%19.09%
ATR Inc-22.22%
Range Today0
ADR(20)0.01
ADR(20)%12.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.48
Mansfield0.58
10 Day High0.06
10 Day Low0.04
20 Day High0.1
20 Day Low0.04
52 Week High0.1
52 Week Low0.02
CS1 End0.04
CR1 Start0.06
Volume & EV
DER(3)0%
DER(5)0%
Volume4.50K
Volume Incr-66.57%
Vol(5)14.90K
Vol(50)24.23K