HOMELAND NICKEL INC (SHL.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:SHL - CA43740Q1072 - Common Stock
Taking everything into account, SHL scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although SHL has an excellent technical rating, it 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.
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0.08
When analyzing the support we notice one important area.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for SHL.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SHL.CA is down. |
| ChartMill Relative Strength | 90.68 | POSITIVE | SHL.CA has a high relative strength, it outperformed 90.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SHL.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SHL.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SHL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.12 | NEUTRAL | The RSI value for SHL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SHL.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.67 | NEUTRAL | The Stochastics value for SHL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.88 | HIGH VOLATILITY | The high ATR as a percentage value for SHL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.74 | NEUTRAL | The ADX value for SHL.CA suggests a possible start of a new trend. |
TSX-V:SHL (11/28/2025, 7:00:00 PM)
0.085
+0.01 (+6.25%)
HOMELAND NICKEL INC / SHL.CA FAQ
What is the technical rating for SHL stock?
ChartMill assigns a technical rating of 7 / 10 to SHL.CA.
What is the current trend direction of HOMELAND NICKEL INC (SHL.CA) stock?
The current trend direction for HOMELAND NICKEL INC (SHL.CA) is Bullish.
Can you provide the RSI signal for HOMELAND NICKEL INC?
HOMELAND NICKEL INC (SHL.CA) has an RSI value of 49.124. This indicates that the stock is currently neutral.
What is the buy/sell signal for SHL stock?
The buy/sell signal for HOMELAND NICKEL INC (SHL.CA) is hold as the short term and long term trends are mixed.
What is the support and resistance level for SHL stock?
HOMELAND NICKEL INC (SHL.CA) has a support level at 0.08 and a resistance level at 0.09. Check the full technical report for our detailed analysis of SHL.CA support and resistance levels.