NORAM LITHIUM CORP (NRM.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:NRM • CA65542K1030
Taking everything into account, NRM scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NRM is only an average performer.
- NRM is one of the lesser performing stocks in the Metals & Mining industry. 73% of 814 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- NRM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When comparing the performance of all stocks over the past year, NRM turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
- NRM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NRM is lagging the market.
Although NRM has an excellent technical rating, it does not present a decent entry opportunity 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
0.09
We found 4 important support areas.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.11 from a trend line in the weekly time frame.
- Support @0.10 from a trend line in the daily time frame.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 NRM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NRM.CA is up. |
| ChartMill Relative Strength | 65.96 | NEUTRAL | NRM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NRM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NRM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NRM.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.29 | NEUTRAL | The RSI value for NRM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NRM.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.13 | OVERBOUGHT | The high Stochastics value suggests NRM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.93 | HIGH VOLATILITY | The high ATR as a percentage value for NRM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.75 | NEGATIVE | The low ADX value for NRM.CA suggests a weak or negative trend. |
TSX-V:NRM (2/4/2026, 7:00:00 PM)
0.135
-0.01 (-6.9%)
NORAM LITHIUM CORP / NRM.CA FAQ
Can you provide the ChartMill technical rating for NORAM LITHIUM CORP?
ChartMill assigns a technical rating of 8 / 10 to NRM.CA.
Can you provide the trend direction for NORAM LITHIUM CORP?
The current trend direction for NORAM LITHIUM CORP (NRM.CA) is Bullish.
What is the RSI signal for NRM stock?
NORAM LITHIUM CORP (NRM.CA) has an RSI value of 57.2932. This indicates that the stock is currently neutral.
What is the MACD signal for NORAM LITHIUM CORP (NRM.CA) stock?
The MACD indicator for NORAM LITHIUM CORP (NRM.CA) has a value of 0.0010833, indicating a bearish trend.
What is the buy/sell signal for NORAM LITHIUM CORP (NRM.CA) stock?
The buy/sell signal for NORAM LITHIUM CORP (NRM.CA) is buy as both the short term and long term trends are positive.