MARIMACA COPPER CORP (MARI.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:MARI • CA56783M1068
We assign a technical rating of 5 out of 10 to MARI. MARI has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month MARI has a been trading in the 10.95 - 13.49 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- MARI 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 MARI is lagging the market slightly.
- Looking at the yearly performance, MARI did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- MARI is an average performer in the Metals & Mining industry, it outperforms 41% of 812 stocks in the same industry.
Although the technical rating is only medium, MARI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 11.10, a Stop Loss order could be placed below this zone.
More info and screens
9.48
We found 3 important support areas.
- A support zone ranging from 11.10 to 11.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @10.54 from a horizontal line in the daily time frame.
- Support @9.58 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.82 to 12.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.40 to 12.58. This zone is formed by a combination of multiple trend lines 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 MARI.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MARI.CA is neutral. |
| ChartMill Relative Strength | 78.06 | POSITIVE | MARI.CA has a high relative strength, it outperformed 78.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MARI.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MARI.CA is below 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) | 42.02 | NEUTRAL | The RSI value for MARI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests MARI.CA has a negative trend. |
| Stochastics (14,3) | 17.59 | OVERSOLD | The low Stochastics value suggests MARI.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.69 | HIGH VOLATILITY | The high ATR as a percentage value for MARI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.54 | NEGATIVE | The low ADX value for MARI.CA suggests a weak or negative trend. |
TSX:MARI (2/6/2026, 7:00:00 PM)
11.11
-0.16 (-1.42%)
MARIMACA COPPER CORP / MARI.CA FAQ
What is the ChartMill technical rating of MARIMACA COPPER CORP (MARI.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to MARI.CA.
What is the trend direction for MARI stock?
The current trend direction for MARIMACA COPPER CORP (MARI.CA) is Bullish.
What is the RSI signal for MARI stock?
MARIMACA COPPER CORP (MARI.CA) has an RSI value of 42.0181. This indicates that the stock is currently neutral.
What is the short term momentum for MARIMACA COPPER CORP (MARI.CA) stock?
The short term momentum for MARIMACA COPPER CORP (MARI.CA) is neutral.
What are the support and resistance levels for MARIMACA COPPER CORP (MARI.CA) stock?
MARIMACA COPPER CORP (MARI.CA) has a support level at 11.1 and a resistance level at 11.82. Check the full technical report for our detailed analysis of MARI.CA support and resistance levels.