MARITIME RESOURCES CORP (MAE.CA) Stock Technical Analysis
TSX-V:MAE - TSX Venture Exchange - CA57035U1021 - Common Stock - Currency: CAD
Taking everything into account, MAE scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MAE is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that MAE is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by MAE over the past year are nicely spread over this period.
MAE is part of the Metals & Mining industry. There are 794 other stocks in this industry. MAE outperforms 88% of them.
MAE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MAE is lagging the market slightly.
In the last month MAE has a been trading in the 1.18 - 1.36 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, MAE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.36. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.15
1.38
When analyzing the support we can see 3 important areas.
- Support @1.22 from a trend line in the daily time frame.
- A support zone ranging from 1.18 to 1.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.16 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.36 to 1.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MAE.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MAE.CA is neutral. |
| ChartMill Relative Strength | 95.27 | POSITIVE | MAE.CA has a high relative strength, it outperformed 95.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MAE.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MAE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MAE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.25 | NEUTRAL | The RSI value for MAE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MAE.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.98 | NEUTRAL | The Stochastics value for MAE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for MAE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.57 | NEGATIVE | The low ADX value for MAE.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.32 | 1.21 | 0.11 (8.33%) | 12.00% |
| An entry @1.32. This is a Buy Stop order right above the 10 day high. | An exit @1.21. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.11 points, which is 8.33%. | When investing 12.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:MAE (8/14/2025, 7:00:00 PM)
1.25
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-3.85%
2 Weeks0%
1 Month5.04%
3 Month13.64%
6 Month56.25%
12 Month212.5%
2 Year212.5%
3 Year177.78%
5 Year-24.24%
10 Year25%
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%5.2%
ATR Inc-19.54%
Range Today0.04
ADR(20)0.06
ADR(20)%4.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.27
Mansfield4.06
10 Day High1.31
10 Day Low1.2
20 Day High1.36
20 Day Low1.18
52 Week High1.45
52 Week Low0.35
CS1 End1.22
CR1 Start1.36
Volume & EV
DER(3)-1.78%
DER(5)-2.49%
Volume527.59K
Volume Incr562.66%
Vol(5)262.53K
Vol(50)133.83K