CANADA NICKEL CO INC (CNC.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:CNC - CA13515Q1037 - Common Stock
Overall CNC gets a technical rating of 9 out of 10. 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.
CNC has an excellent technical rating, but the quality of the setup is only medium 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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0.83
4 important support areas can be observed.
- A support zone ranging from 1.21 to 1.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.18 to 1.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.15 from a horizontal line in the daily time frame.
- Support @0.84 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.35 to 1.35. 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 CNC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNC.CA is up. |
| ChartMill Relative Strength | 78.59 | POSITIVE | CNC.CA has a high relative strength, it outperformed 78.59% 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) | 60.79 | NEUTRAL | The RSI value for CNC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CNC.CA has a positive trend. |
| Stochastics (14,3) | 91.86 | OVERBOUGHT | The high Stochastics value suggests CNC.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.4 | MEDIUM VOLATILITY | The ATR as a percentage value for CNC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.93 | NEUTRAL | The ADX value for CNC.CA suggests a possible start of a new trend. |
TSX-V:CNC (12/29/2025, 7:00:00 PM)
1.33
-0.01 (-0.75%)
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 9 / 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 60.7939. 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 0.0119772, 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 1.23 and a resistance level at 1.35. Check the full technical report for our detailed analysis of CNC.CA support and resistance levels.