NORAM LITHIUM CORP (NRM.CA) Technical Analysis
TSX-V:NRM • CA65542K1030
Current stock price
NRM.CA Technical Rating and Analysis
Taking everything into account, NRM scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, NRM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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!
- Looking at the yearly performance, NRM did better than 84% of all other stocks.
- NRM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NRM is performing more or less in line with the market.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- NRM is part of the Metals & Mining industry. There are 804 other stocks in this industry, NRM did better than 63% of them.
- In the last month NRM has a been trading in the 0.13 - 0.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NRM.CA Weekly and Daily overview Charts
NRM.CA Setup Rating and Analysis
NRM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.15, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
NRM.CA Support and Resistance Analysis
0.09
When analyzing the support we can see 5 important areas.
- A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support 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.
- Support @0.12 from a trend line in the weekly time frame.
- Support @0.11 from a trend line in the daily time frame.
- Support @0.09 from a horizontal line in the weekly time frame.
NRM.CA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for NRM.CA is neutral. |
| ChartMill Relative Strength | 84.65 | POSITIVE | NRM.CA has a high relative strength, it outperformed 84.65% off all stocks 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) | UP | POSITIVE | The current price of NRM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.7 | NEUTRAL | The RSI value for NRM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NRM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 65.48 | NEUTRAL | The Stochastics value for NRM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.94 | HIGH VOLATILITY | The high ATR as a percentage value for NRM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.14 | NEGATIVE | The low ADX value for NRM.CA suggests a weak or negative trend. |
NRM.CA Chart- and CandleStick Pattern Analysis
NRM.CA Example Setup
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 |
|---|---|---|---|
| 0.17 | 0.13 | 0.04 (23.53%) | 4.25% |
| An entry @0.17. This is a Buy Stop order right above the 10 day high. | An exit @0.13. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 23.53%. | When investing 4.25% 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.
NRM.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:NRM (3/23/2026, 7:00:00 PM)
0.155
+0.01 (+3.33%)
NORAM LITHIUM CORP / NRM.CA TA FAQ
Can you provide the ChartMill technical rating for NORAM LITHIUM CORP?
ChartMill assigns a technical rating of 9 / 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 54.7048. 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 -0.000591053, indicating a bearish trend.