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 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NRM is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that NRM is one of the better performing stocks in the market, outperforming 78% of all stocks. We also observe that the gains produced by NRM over the past year are nicely spread over this period.
- NRM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- 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.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- NRM is part of the Metals & Mining industry. There are 801 other stocks in this industry, NRM did better than 54% of them.
NRM.CA Weekly and Daily overview Charts
NRM.CA Setup Rating and Analysis
Besides having an excellent technical rating, NRM also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.16, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NRM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
NRM.CA Support and Resistance Analysis
0.09
4 important support areas can be observed.
- A support zone ranging from 0.16 to 0.16. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | UP | POSITIVE | The short term trend for NRM.CA is up. |
| ChartMill Relative Strength | 78.42 | POSITIVE | NRM.CA has a high relative strength, it outperformed 78.42% 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) | 55.79 | 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. |
| Stochastics (14,3) | 70 | NEUTRAL | The Stochastics value for NRM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.12 | MEDIUM VOLATILITY | The ATR as a percentage value for NRM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.62 | 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 |
|---|---|---|---|
| 0.18 | 0.15 | 0.03 (17.13%) | 5.84% |
| An entry @0.18. This is a Buy Stop order right above the 10 day moving average. | An exit @0.15. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 17.13%. | For a 1.00% total portfolio risk, you can invest 5.84% 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.
NRM.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:NRM (4/22/2026, 7:00:00 PM)
0.17
0 (-2.86%)
NORAM LITHIUM CORP / NRM.CA TA FAQ
Can you provide the ChartMill technical rating for NORAM LITHIUM CORP?
ChartMill assigns a technical rating of 10 / 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 NORAM LITHIUM CORP (NRM.CA) stock?
NORAM LITHIUM CORP (NRM.CA) has an RSI value of 55.7899. This indicates that the stock is currently neutral.
What is the short term momentum for NRM stock?
The short term momentum for NORAM LITHIUM CORP (NRM.CA) is positive.
What are the support and resistance levels for NORAM LITHIUM CORP (NRM.CA) stock?
NORAM LITHIUM CORP (NRM.CA) has a support level at 0.16 and a resistance level at 0.17. Check the full technical report for our detailed analysis of NRM.CA support and resistance levels.