NORTHERN SHIELD RESOURCES IN (NRN.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:NRN • CA6657203064
We assign a technical rating of 4 out of 10 to NRN. NRN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- NRN is part of the Metals & Mining industry. There are 812 other stocks in this industry, of which 67% are performing better than NRN.
- In the last month NRN has a been trading in the 0.06 - 0.08 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the yearly performance of all stocks, we notice that NRN is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- NRN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NRN is lagging the market.
- Considerably lower volume is observed in the last couple of days.
NRN has an average technical rating and it also does not offer a high 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
0.04
We found 1 important support area.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- 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.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for NRN.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NRN.CA is neutral. |
| ChartMill Relative Strength | 70.74 | POSITIVE | NRN.CA has a high relative strength, it outperformed 70.74% 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) | UP | MIXED | The current price of NRN.CA is below the rising 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) | 43.09 | 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. |
| Stochastics (14,3) | 22.22 | NEUTRAL | The Stochastics value for NRN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.83 | HIGH VOLATILITY | The high ATR as a percentage value for NRN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.43 | NEGATIVE | The low ADX value for NRN.CA suggests a weak or negative trend. |
TSX-V:NRN (2/6/2026, 7:00:00 PM)
0.06
-0.01 (-14.29%)
NORTHERN SHIELD RESOURCES IN / NRN.CA FAQ
What is the technical rating for NRN stock?
ChartMill assigns a technical rating of 4 / 10 to NRN.CA.
What is the current trend direction of NORTHERN SHIELD RESOURCES IN (NRN.CA) 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 43.0872. This indicates that the stock is currently neutral.
What is the short term momentum for NRN stock?
The short term momentum for NORTHERN SHIELD RESOURCES IN (NRN.CA) is neutral.