NORTHERN SHIELD RESOURCES IN (NRN.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:NRN - CA6657203064 - Common Stock
We assign a technical rating of 0 out of 10 to NRN. NRN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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
0.04
We can see 2 important resistance areas.
- Resistance @0.04 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.06 to 0.06. 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 | 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 | 9.44 | NEGATIVE | NRN.CA has a low relative strength, it was outperformed by 90.56% 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) | 42.82 | 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) | 11.11 | OVERSOLD | The low Stochastics value suggests NRN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 10 | HIGH VOLATILITY | The high ATR as a percentage value for NRN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 29.15 | POSITIVE | The high ADX value value for NRN.CA suggests a strong trend. |
TSX-V:NRN (11/21/2025, 7:00:00 PM)
0.045
+0 (+12.5%)
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 42.8217. 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.