NIKL Sprott Nickel Miners ETF
Trend channel, buy level and 3-month target. Information only, not financial advice.
Below the channel · 12-month channel falling
Closed below support (US$12.07). Treat the buy level with caution.
- 18-month channel
- US$12.07 – US$13.84 · rising, +19% a year
- 12-month channel read from
- US$12.07 – US$13.80 · falling, −28% a year
- Price in channel
- −83% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$13.80
- Published levels
- Buy and target are not from this channel — see below.
What broke this trend
- The fall
- -49% from US$20.5426 Jan 2026 → 30 Oct 2026
- Whose problem it was
- This company12 of 51 Asset Management peers fell with it
- Does it resolve?
- Unsettled too close to a coin toss on the record to call
- Regained so far
- 2%of what it lost
- What the record says
- 49% of 57 comparable falls came back, typically in 87 days measured on its own peer group
Fell -49% (26 Jan 2026 → 30 Oct 2026); regained 2% so far; company-specific.
Price history, with the path projected 3 months forward
Updated 1:56 PM ET (12 h ago)
- Daily close
- Upper trend line (18 months)
- Lower trend line (18 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy at or below
US$10.63
level as at 3 Nov 2026
Our target
US$13.76
by 27 Jan 2027
Projected move
29.4%
gross, before costs
Price is at or below our buy.
Target: the projected upper line.
This move size: reached in 23% of 12 past stretches, typically in 85 days. (0.35% per day)
1 settled call · 1 reached target (100%) · average best move 13.1%. See the full record.
- Upper line touches
- 4
- Lower line touches
- 3
- Fit confidence
- 64%
- Fitted
- 3 Nov 2026
Company information
About Sprott Nickel Miners ETF
NIKL provides pure-play exposure to nickel mining companies. The narrow portfolio typically holds 20 to 35 US and foreign firms that derive at least 50% of their revenue and/or assets from mining, exploration, development, and production of nickel. The fund also includes companies that invest all or a significant portion of their assets in nickel. The initial selection universe is determined using a proprietary selection methodology that may involve industry publications review and fundamental research. Eligible securities that meet the minimum market-cap and liquidity requirements are selected for index inclusion. Each constituent is assigned an intensity score depending on its revenue percentage attributable to nickel. While the index is market cap-weighted, several capping rules are implemented based on the securities initial weights for portfolio diversification. The index is reconstituted and rebalanced semi-annually in June and December.
- Sector
- Financial Services
- Industry
- Asset Management
- CEO
- Justin Werner
- Employees
- 183
- Country
- US
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$8.77M
- Enterprise value
- —
- Beta
- 1.10
- Avg volume
- 54.93K
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 10.94-21.86
- Exchange
- NASDAQ
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.