PATRIOT RESOURCES CORP (MAGA-H.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:MAGA-H - CA70338G1000 - Common Stock
We assign a technical rating of 6 out of 10 to MAGA-H. MAGA-H has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
MAGA-H has an average technical rating and the quality of the presented setup is also not ideal 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
0.13
3 important support areas can be observed.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.14 from a trend line in the weekly time frame.
- Support @0.13 from a trend line in the daily 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 MAGA-H.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MAGA-H.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | MAGA-H.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MAGA-H.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MAGA-H.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 65.56 | NEUTRAL | The RSI value for MAGA-H.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MAGA-H.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.46 | OVERBOUGHT | The high Stochastics value suggests MAGA-H.CA may be overbought. |
| Average True Range in percent/ATR (20) | 8.5 | HIGH VOLATILITY | The high ATR as a percentage value for MAGA-H.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.83 | NEGATIVE | The low ADX value for MAGA-H.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 0.27 | 0.22 | 0.05 (16.98%) | 5.89% |
| An entry @0.27. This is a Buy Stop order right above the 10 day high. | An exit @0.22. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.05 points, which is 16.98%. | When investing 5.89% 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:MAGA-H (12/22/2025, 7:00:00 PM)
0.25
+0.02 (+8.7%)
PATRIOT RESOURCES CORP / MAGA-H.CA FAQ
What is the technical rating for MAGA-H stock?
ChartMill assigns a technical rating of 6 / 10 to MAGA-H.CA.
What is the current trend direction of PATRIOT RESOURCES CORP (MAGA-H.CA) stock?
The current trend direction for PATRIOT RESOURCES CORP (MAGA-H.CA) is Bullish.
What is the RSI signal for PATRIOT RESOURCES CORP (MAGA-H.CA) stock?
PATRIOT RESOURCES CORP (MAGA-H.CA) has an RSI value of 65.5589. This indicates that the stock is currently neutral.
What is the buy/sell signal for MAGA-H stock?
The buy/sell signal for PATRIOT RESOURCES CORP (MAGA-H.CA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for MAGA-H stock?
PATRIOT RESOURCES CORP (MAGA-H.CA) has a support level at 0.23. Check the full technical report for our detailed analysis of MAGA-H.CA support and resistance levels.