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 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MARI is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MARI is one of the better performing stocks in the market, outperforming 96% of all stocks.
MARI is one of the better performing stocks in the Metals & Mining industry, it outperforms 92% of 806 stocks in the same industry.
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 8.94 - 10.72 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.
Considerably lower volume is observed in the last couple of days.
MARI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
4.37
10.46
We found 2 important support areas.
- A support zone ranging from 9.61 to 9.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.41 to 4.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @10.36 from a horizontal 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 MARI.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MARI.CA is up. |
| ChartMill Relative Strength | 96.51 | POSITIVE | MARI.CA has a high relative strength, it outperformed 96.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MARI.CA is below 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) | 62.97 | NEUTRAL | The RSI value for MARI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests MARI.CA has a negative trend. |
| Stochastics (14,3) | 44.58 | NEUTRAL | The Stochastics value for MARI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.12 | MEDIUM VOLATILITY | The ATR as a percentage value for MARI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 39.59 | 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)
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 |
|---|---|---|---|
| 9.90 | 9.60 | 0.30 (3.06%) | 25.00% |
| An entry @9.90. This is a Buy Stop order right above the 10 day moving average. | An exit @9.60. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.30 points, which is 3.06%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.76%. |
- The distance between exit and entry is rather small compared to the average daily movement of MARI. Please evaluate whether better entry and exit points can be found.
- 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:MARI (8/1/2025, 7:00:00 PM)
9.8
-0.1 (-1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.01%
1 Week1.87%
2 Weeks-1.9%
1 Month8.53%
3 Month104.59%
6 Month85.26%
12 Month153.23%
2 Year139.61%
3 Year243.86%
5 Year241.46%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%4.12%
ATR Inc-44.44%
Range Today0.17
ADR(20)0.39
ADR(20)%4.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.51
Mansfield7.54
10 Day High10.25
10 Day Low9.46
20 Day High10.72
20 Day Low8.94
52 Week High10.72
52 Week Low3.69
CS1 End9.61
CR1 Start10.36
Volume & EV
DER(3)-6.11%
DER(5)-2.56%
Volume8.34K
Volume Incr-80.93%
Vol(5)14.11K
Vol(50)41.25K