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NB forms New Downtrend on July 29

NioCorp Developments Ltd. (NB) — Nightly Technical Analysis · Jul 29, 2026, 17:52 ET
NB closed down 4.22% on Wednesday, July 29th, with volume running 0.2× below average. Multiple bearish signals emerged — New Downtrend and Lower Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 3.76, 3.66 & 3.5, with resistance at 4.02, 4.18 & 4.28. Meanwhile, Slow Stochastic is showing oversold conditions.

Current SwingTradeBot Technical Rating of NB: F

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NioCorp Developments Ltd. (NB)