CANADA NICKEL CO INC (CNC.CA) Stock Technical Analysis
Canada - TSX-V:CNC - CA13515Q1037 - Common Stock
Overall CNC gets a technical rating of 6 out of 10. CNC has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
CNC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.01, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
0.78
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.00 to 1.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.87 from a trend line in the daily time frame.
- Support @0.82 from a trend line in the weekly time frame.
- Support @0.79 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for CNC.CA is neutral. |
| ChartMill Relative Strength | 62.78 | NEUTRAL | CNC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNC.CA is below a declining 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) | 46.46 | NEUTRAL | The RSI value for CNC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CNC.CA has a negative trend. |
| Stochastics (14,3) | 33.98 | NEUTRAL | The Stochastics value for CNC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.21 | HIGH VOLATILITY | The high ATR as a percentage value for CNC.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 36.42 | POSITIVE | The high ADX value value for CNC.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.12 | 1.00 | 0.12 (11.03%) | 9.06% |
| An entry @1.12. This is a Buy Stop order right above the 10 day moving average. | An exit @1.00. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.12 points, which is 11.03%. | When investing 9.06% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:CNC (11/4/2025, 7:00:00 PM)
1.02
-0.05 (-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 6 / 10 to CNC.CA.
What is the current trend direction of CANADA NICKEL CO INC (CNC.CA) stock?
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 46.4571. This indicates that the stock is currently neutral.
What is the MACD signal for CNC stock?
The MACD indicator for CANADA NICKEL CO INC (CNC.CA) has a value of -0.0153975, indicating a bearish trend.
Can you provide the support and resistance levels for CANADA NICKEL CO INC?
CANADA NICKEL CO INC (CNC.CA) has a support level at 1.01. Check the full technical report for our detailed analysis of CNC.CA support and resistance levels.