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Nickel Industries Limited

NIC.AX Technical Analysis Summary (ASX)

Analyze NIC.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

NIC.AX●ASX
Basic MaterialsIndustrial Materials
$0.76
$0.01(1.68%)
Australian Market is Open · 14:12

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NIC.AX Technical Analysis Summary (ASX)

Nickel Industries Limited (ASX: NIC.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.99)
Trend Strength:Weak (ADX: 15.11)
Volatility:Medium (ATR: 0.03)
Support/Resistance:$0.75 – $0.84 (Bollinger Bands)

Technical conditions suggest Nickel Industries Limited on the ASX is awaiting a decisive move. This mix signals that Nickel Industries Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 43.99

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 30.30

Bearish
Momentum remains weak below midpoint.

Williams %R: -63.64

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -0.64

Neutral
Price change is minimal.

Takeaway:Nickel Industries Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.11

Weak
Weak trend, market trading sideways.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): -58.05

Bearish
Bearish, momentum remains under pressure.

Takeaway:Nickel Industries Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.84
Middle Band (SMA 20)
$0.79
Lower Band
$0.75
Current Position
Within Bands

Takeaway:Nickel Industries Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.85
Middle Line (EMA 20)
$0.80
Lower Channel
$0.74
Squeeze Status
Squeeze On

Takeaway:Nickel Industries Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-19.41M
Money Flow Index38.92Bearish, selling pressure outweighs inflows.
Relative Vigor Index52.45Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:NIC.AX shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Nickel Industries Limited (ASX: NIC.AX), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Nickel Industries Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: NIC.AX) Technical Analysis FAQ