Technical Analysis for CML - CaNickel Mining Limited

Grade Last Price % Change Price Change
B 0.130 62.50% 0.050
CML closed up 62.5 percent on Thursday, May 18, 2023, on 3.63 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Gilligan's Island Sell Setup Bearish Swing Setup 0.00%
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 200 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
MACD Bullish Centerline Cross Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

CaNickel Mining Limited Description

CaNickel Mining Limited (CaNickel) is a Canada-based mining company. The Company is focused on nickel mining and related activities, including exploration and the extraction and processing of nickel-containing ore. The Company is engaged in running the care and maintenance program at Bucko Lake Mine to safeguard assets and carry exploration activities. It has interests in the Thompson Nickel Belt properties (TNB properties), which includes approximately 580 square kilometers of exploration ground in Manitoba, Canada. CaNickel owns an interest in the Bucko Lake deposit, and operates a mine and mill complex on the Bucko Lake Mine site. The Bucko Lake property is located approximately 4.5 kilometers southwest of the town of Wabowden, Manitoba, over 116 kilometers southwest of Thompson, Manitoba or approximately 657 kilometers north of Winnipeg, Manitoba on Highway 6. The Bucko Lake Property consists of a single mineral lease (ML-031), which covers over 557 hectares.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Mineral Nickel Extraction Mine Site Mill Complex Thompson Nickel Mine

Is CML a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.31
52 Week Low 0.03
Average Volume 9,356
200-Day Moving Average 0.120
50-Day Moving Average 0.101
20-Day Moving Average 0.099
10-Day Moving Average 0.094
Average True Range 0.028
RSI (14) 55.16
ADX 13.06
+DI 53.648
-DI 25.765
Chandelier Exit (Long, 3 ATRs) 0.086
Chandelier Exit (Short, 3 ATRs) 0.154
Upper Bollinger Bands 0.142
Lower Bollinger Band 0.056
Percent B (%b) 0.86
BandWidth 86.842
MACD Line 0.001
MACD Signal Line -0.002
MACD Histogram 0.0029
Fundamentals Value
Market Cap 4.88 Million
Num Shares 37.5 Million
EPS 0.07
Price-to-Earnings (P/E) Ratio 2.00
Price-to-Sales 5.05
Price-to-Book 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.190
Resistance 3 (R3) 0.197 0.183 0.180
Resistance 2 (R2) 0.183 0.168 0.180 0.177
Resistance 1 (R1) 0.157 0.159 0.150 0.150 0.173
Pivot Point 0.143 0.143 0.140 0.140 0.143
Support 1 (S1) 0.117 0.128 0.110 0.110 0.087
Support 2 (S2) 0.103 0.119 0.100 0.083
Support 3 (S3) 0.077 0.103 0.080
Support 4 (S4) 0.070