NORTHERN SHIELD RESOURCES IN (NRN.CA) Stock Technical Analysis
Canada - TSX-V:NRN - CA6657203064 - Common Stock
Taking everything into account, NRN scores 0 out of 10 in our technical rating. NRN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of NRN is bad and it also does not present a quality setup 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
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When analyzing the support we can see 2 important areas.
- Support @0.05 from a trend line in the daily time frame.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.08 from a trend 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 | DOWN | NEGATIVE | The long term trend for NRN.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NRN.CA is down. |
| ChartMill Relative Strength | 10.78 | NEGATIVE | NRN.CA has a low relative strength, it was outperformed by 89.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NRN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NRN.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NRN.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.11 | NEUTRAL | The RSI value for NRN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NRN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.29 | OVERSOLD | The low Stochastics value suggests NRN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 13.5 | HIGH VOLATILITY | The high ATR as a percentage value for NRN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.59 | NEUTRAL | The ADX value for NRN.CA suggests a possible start of a new trend. |
TSX-V:NRN (10/30/2025, 7:00:00 PM)
0.05
0 (0%)
NORTHERN SHIELD RESOURCES IN / NRN.CA FAQ
What is the technical rating for NRN stock?
ChartMill assigns a technical rating of 0 / 10 to NRN.CA.
What is the trend direction for NRN stock?
The current trend direction for NORTHERN SHIELD RESOURCES IN (NRN.CA) is Bearish.
What is the RSI signal for NORTHERN SHIELD RESOURCES IN (NRN.CA) stock?
NORTHERN SHIELD RESOURCES IN (NRN.CA) has an RSI value of 41.1055. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NORTHERN SHIELD RESOURCES IN?
The short term momentum for NORTHERN SHIELD RESOURCES IN (NRN.CA) is negative.
What is the buy/sell signal for NRN stock?
The buy/sell signal for NORTHERN SHIELD RESOURCES IN (NRN.CA) is sell as both the short term and long term trends are negative.