CANADIAN NORTH RESOURCES INC (CNRI.CA) Stock Technical Analysis
TSX-V:CNRI - TSX Venture Exchange - CA1364271017 - Common Stock - Currency: CAD
We assign a technical rating of 1 out of 10 to CNRI. CNRI'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.
83% of all other stocks performed better in the past year than CNRI.
CNRI is part of the Metals & Mining industry. There are 822 other stocks in this industry, of which 69% are performing better than CNRI.
CNRI 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.
Warning: CNRI has an average volume of 7965 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CNRI has a been trading in the 0.95 - 1.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CNRI 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 0.98, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CNRI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.96
1.12
We found 1 important support area.
- A support zone ranging from 0.97 to 0.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.00 to 1.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.07 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.10 to 1.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.68
Mansfield-1.13
10 Day High1.04
10 Day Low0.97
20 Day High1.04
20 Day Low0.95
52 Week High1.7
52 Week Low0.72
Performance
1 Week-1.96%
2 Weeks-0.99%
1 Month0%
3 Month6.38%
6 Month-5.66%
12 Month-41.18%
2 Year-60.32%
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)47.37
LBB0.98
UBB1.05
TSX-V:CNRI (3/7/2025, 7:00:00 PM)
1
-0.03 (-2.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.91%
1 Week-1.96%
2 Weeks-0.99%
1 Month0%
3 Month6.38%
6 Month-5.66%
12 Month-41.18%
2 Year-60.32%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%2.95%
ATR Inc-51.16%
Range Today0.02
ADR(20)0.02
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.68
Mansfield-1.13
10 Day High1.04
10 Day Low0.97
20 Day High1.04
20 Day Low0.95
52 Week High1.7
52 Week Low0.72
CS1 End0.98
CR1 Start1
Volume & EV
DER(3)884.46%
DER(5)521.4%
Volume1.00K
Volume Incr-13.35%
Vol(5)3.22K
Vol(50)7.97K