MARIMACA COPPER CORP (MARI.CA) Stock Technical Analysis
TSX:MARI - Toronto Stock Exchange - CA56783M1068 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to MARI. 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, MARI did better than 96% of all other stocks.
MARI is part of the Metals & Mining industry. There are 794 other stocks in this industry. MARI outperforms 91% of them.
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.
MARI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Although MARI has an excellent technical rating, the quality of the presented setup is 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
4.37
10.46
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.88 to 9.88. 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.
We found 1 important resistance 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 | 96.29 | POSITIVE | MARI.CA has a high relative strength, it outperformed 96.29% 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) | 74.15 | OVERBOUGHT | The high RSI value suggests MARI.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MARI.CA has a negative trend. |
| Stochastics (14,3) | 78.28 | NEUTRAL | The Stochastics value for MARI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.55 | HIGH VOLATILITY | The high ATR as a percentage value for MARI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 54.88 | 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 (7/22/2025, 7:00:00 PM)
9.89
-0.03 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.3%
1 Week-3.51%
2 Weeks4.11%
1 Month64.01%
3 Month109.09%
6 Month75.98%
12 Month147.87%
2 Year136.04%
3 Year219.03%
5 Year229.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%5.55%
ATR Inc-43.33%
Range Today0.54
ADR(20)0.52
ADR(20)%5.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.29
Mansfield7.8
10 Day High10.72
10 Day Low9.27
20 Day High10.72
20 Day Low6.01
52 Week High10.72
52 Week Low3.69
CS1 End9.88
CR1 Start10.36
Volume & EV
DER(3)0.99%
DER(5)-1.48%
Volume47.56K
Volume Incr-47.9%
Vol(5)35.13K
Vol(50)39.65K