CANADA NICKEL CO INC (CNC.CA) Stock Technical Analysis
TSX-V:CNC - TSX Venture Exchange - CA13515Q1037 - Common Stock - Currency: CAD
Taking everything into account, CNC scores 3 out of 10 in our technical rating. CNC'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.
74% of all other stocks performed better in the past year than CNC.
CNC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month CNC has a been trading in the 0.87 - 1.03 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
CNC is an average performer in the Metals & Mining industry, it outperforms 40% of 799 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
CNC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.96, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CNC in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.89
1.17
2 important support areas can be observed.
- A support zone ranging from 0.93 to 0.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.90 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @1.02 from a horizontal line in the daily time frame.
- Resistance @1.04 from a trend line in the weekly time frame.
- Resistance @1.09 from a trend line in the weekly time frame.
- Resistance @1.16 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.51
Mansfield-0.74
10 Day High1.01
10 Day Low0.89
20 Day High1.03
20 Day Low0.87
52 Week High1.55
52 Week Low0.74
Performance
1 Week2.13%
2 Weeks3.23%
1 Month-4.95%
3 Month14.29%
6 Month-8.57%
12 Month-35.14%
2 Year-34.69%
3 Year-56.36%
5 Year12.94%
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)49.26
LBB0.89
UBB1.01
TSX-V:CNC (4/25/2025, 7:00:00 PM)
0.96
-0.03 (-3.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.03%
1 Week2.13%
2 Weeks3.23%
1 Month-4.95%
3 Month14.29%
6 Month-8.57%
12 Month-35.14%
2 Year-34.69%
3 Year-56.36%
5 Year12.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%5.99%
ATR Inc-46.74%
Range Today0.04
ADR(20)0.05
ADR(20)%5.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.51
Mansfield-0.74
10 Day High1.01
10 Day Low0.89
20 Day High1.03
20 Day Low0.87
52 Week High1.55
52 Week Low0.74
CS1 End0.96
CR1 Start1.02
Volume & EV
DER(3)-3.52%
DER(5)30.54%
Volume185.83K
Volume Incr-48.36%
Vol(5)107.75K
Vol(50)322.15K