MARIMACA COPPER CORP (MARI.CA) Stock Technical Analysis
TSX:MARI - Toronto Stock Exchange - CA56783M1068 - Common Stock - Currency: CAD
Overall MARI gets a technical rating of 9 out of 10. In the last year, MARI was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, MARI did better than 84% of all other stocks. On top of that, MARI also shows a nice and consistent pattern of rising prices.
MARI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MARI is performing more or less in line with the market.
In the last month MARI has a been trading in the 4.50 - 5.72 range, which is quite wide. It is currently trading near the high of this range.
MARI is an average performer in the Metals & Mining industry, it outperforms 65% of 807 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MARI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.37
5.79
When analyzing the support we can see 2 important areas.
- Support @4.60 from a trend line in the daily time frame.
- A support zone ranging from 4.41 to 4.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 5.72 to 5.73. 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 | NEUTRAL | NEUTRAL | The long term trend for MARI.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MARI.CA is up. |
| ChartMill Relative Strength | 84.42 | POSITIVE | MARI.CA has a high relative strength, it outperformed 84.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MARI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MARI.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MARI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.01 | OVERBOUGHT | The high RSI value suggests MARI.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests MARI.CA has a positive trend. |
| Stochastics (14,3) | 94.25 | OVERBOUGHT | The high Stochastics value suggests MARI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for MARI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.21 | POSITIVE | The high ADX value value for MARI.CA suggests a strong 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)
TSX:MARI (6/6/2025, 7:00:00 PM)
5.71
+0.27 (+4.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg4.96%
1 Week24.13%
2 Weeks26.05%
1 Month22.8%
3 Month6.33%
6 Month23.06%
12 Month51.06%
2 Year36.28%
3 Year90.33%
5 Year218.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%3.2%
ATR Inc53.88%
Range Today0.32
ADR(20)0.17
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.42
Mansfield1.89
10 Day High5.72
10 Day Low4.52
20 Day High5.72
20 Day Low4.5
52 Week High5.89
52 Week Low3.61
CS1 End4.6
CR1 Start5.72
Volume & EV
DER(3)3.1%
DER(5)4.85%
Volume37.61K
Volume Incr-15.61%
Vol(5)34.05K
Vol(50)37.79K