CANADA NICKEL CO INC (CNC.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:CNC - CA13515Q1037 - Common Stock
Taking everything into account, CNC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CNC is showing a nice and steady performance.
Although CNC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.83
We found 2 important support areas.
- Support @1.21 from a trend line in the daily time frame.
- Support @0.84 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for CNC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNC.CA is up. |
| ChartMill Relative Strength | 85.02 | POSITIVE | CNC.CA has a high relative strength, it outperformed 85.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.88 | OVERBOUGHT | The high RSI value suggests CNC.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CNC.CA has a positive trend. |
| Stochastics (14,3) | 91.3 | OVERBOUGHT | The high Stochastics value suggests CNC.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for CNC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.81 | POSITIVE | The high ADX value value for CNC.CA suggests a strong trend. |
TSX-V:CNC (1/5/2026, 7:00:00 PM)
1.57
+0.07 (+4.67%)
CANADA NICKEL CO INC / CNC.CA FAQ
Can you provide the ChartMill technical rating for CANADA NICKEL CO INC?
ChartMill assigns a technical rating of 10 / 10 to CNC.CA.
Can you provide the trend direction for CANADA NICKEL CO INC?
The current trend direction for CANADA NICKEL CO INC (CNC.CA) is Bullish.
Can you provide the RSI signal for CANADA NICKEL CO INC?
CANADA NICKEL CO INC (CNC.CA) has an RSI value of 74.881. This indicates that the stock is currently overbought.
What is the MACD signal for CNC stock?
The MACD indicator for CANADA NICKEL CO INC (CNC.CA) has a value of 0.0357632, indicating a bearish trend.
Can you provide the buy/sell signal for CANADA NICKEL CO INC?
The buy/sell signal for CANADA NICKEL CO INC (CNC.CA) is buy as both the short term and long term trends are positive.