MACDONALD MINES EXPLORATION (BMK.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:BMK - CA5543247079 - Common Stock
Taking everything into account, BMK scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
BMK has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.03
3 important support areas can be observed.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.05 from a horizontal line in the daily time frame.
- Support @0.03 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BMK.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BMK.CA is neutral. |
| ChartMill Relative Strength | 95.84 | POSITIVE | BMK.CA has a high relative strength, it outperformed 95.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BMK.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BMK.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BMK.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.72 | NEUTRAL | The RSI value for BMK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BMK.CA has a positive trend. |
| Stochastics (14,3) | 78.33 | NEUTRAL | The Stochastics value for BMK.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.35 | HIGH VOLATILITY | The high ATR as a percentage value for BMK.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.41 | NEGATIVE | The low ADX value for BMK.CA suggests a weak or negative trend. |
TSX-V:BMK (5/6/2025, 7:00:00 PM)
0.085
-0.01 (-10.53%)
MACDONALD MINES EXPLORATION / BMK.CA FAQ
What is the ChartMill technical rating of MACDONALD MINES EXPLORATION (BMK.CA) stock?
ChartMill assigns a technical rating of 9 / 10 to BMK.CA.
What is the trend direction for BMK stock?
The current trend direction for MACDONALD MINES EXPLORATION (BMK.CA) is Bullish.
Can you provide the RSI signal for MACDONALD MINES EXPLORATION?
MACDONALD MINES EXPLORATION (BMK.CA) has an RSI value of 54.7235. This indicates that the stock is currently neutral.
What is the MACD signal for MACDONALD MINES EXPLORATION (BMK.CA) stock?
The MACD indicator for MACDONALD MINES EXPLORATION (BMK.CA) has a value of 0.00103131, indicating a bearish trend.
What is the short term momentum for BMK stock?
The short term momentum for MACDONALD MINES EXPLORATION (BMK.CA) is neutral.