NIOCORP DEVELOPMENTS LTD (NB)

CA6544846091 - Common Stock

1.82  -0.03 (-1.62%)

After market: 1.75 -0.07 (-3.85%)

Technical Rating and Analysis

1

Taking everything into account, NB scores 1 out of 10 in our technical rating. NB'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
90% of all other stocks performed better in the past year than NB.
NB is one of the lesser performing stocks in the Metals & Mining industry. 91% of 157 stocks in the same industry do better.
NB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month NB has a been trading in the 1.66 - 2.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
NB Weekly chart
NB Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, NB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.69, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.61

2.10

2 important support areas can be observed.

  • Support @1.69 from a horizontal line in the daily time frame.
  • A support zone ranging from 1.63 to 1.64. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 1.88 to 1.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.02 from a horizontal line in the daily time frame.
  • Resistance @2.08 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.27
Mansfield-3.28
10 Day High2.06
10 Day Low1.72
20 Day High2.06
20 Day Low1.66
52 Week High4.39
52 Week Low1.62
Performance
1 Week-5.21%
2 Weeks6.43%
1 Month2.54%
3 Month1.68%
6 Month-30%
12 Month-55.06%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)48.4
LBB1.66
UBB2.04
NB Daily chart

NIOCORP DEVELOPMENTS LTD

NASDAQ:NB (10/31/2024, 6:33:05 PM)

After market: 1.75 -0.07 (-3.85%)

1.82

-0.03 (-1.62%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.62%
1 Week-5.21%
2 Weeks6.43%
1 Month2.54%
3 Month1.68%
6 Month-30%
12 Month-55.06%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%6.61%
ATR Inc
Range Today0.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.06
10 Day Low1.72
20 Day High2.06
20 Day Low1.66
52 Week High4.39
52 Week Low1.62
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume66.63K
Volume Incr-25.41%
Vol(5)99.19K
Vol(50)100.95K