MATTR CORP (MATR.CA) Stock Technical Analysis
TSX:MATR - Toronto Stock Exchange - CA57722Y1025 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to MATR. MATR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MATR is a bad performer in the overall market: 89% of all stocks are doing better.
MATR is one of the lesser performing stocks in the Energy Equipment & Services industry. 88% of 27 stocks in the same industry do better.
MATR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MATR is lagging the market.
In the last month MATR has a been trading in the 8.92 - 11.29 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
MATR has a poor technical rating and the quality of the setup is also not perfect 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
8.96
11.85
We found 2 important support areas.
- A support zone ranging from 9.28 to 9.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.05 to 9.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 6 important resistance areas.
- Resistance @9.71 from a horizontal line in the daily time frame.
- A resistance zone ranging from 9.97 to 10.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.57 from a horizontal line in the weekly time frame.
- Resistance @10.80 from a trend line in the daily time frame.
- Resistance @11.03 from a horizontal line in the daily time frame.
- Resistance @11.73 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for MATR.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MATR.CA is down. |
| ChartMill Relative Strength | 11.47 | NEGATIVE | MATR.CA has a low relative strength, it was outperformed by 88.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MATR.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MATR.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MATR.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.05 | NEUTRAL | The RSI value for MATR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MATR.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.71 | NEUTRAL | The Stochastics value for MATR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.89 | MEDIUM VOLATILITY | The ATR as a percentage value for MATR.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.74 | NEGATIVE | The low ADX value for MATR.CA suggests a weak or negative 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:MATR (5/30/2025, 7:00:00 PM)
9.44
-0.15 (-1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.56%
1 Week-1.26%
2 Weeks-8.88%
1 Month-4.07%
3 Month-8.97%
6 Month-26.93%
12 Month-43.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%4.89%
ATR Inc-44.44%
Range Today0.21
ADR(20)0.44
ADR(20)%4.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.47
Mansfield-3.01
10 Day High10.88
10 Day Low8.92
20 Day High11.29
20 Day Low8.92
52 Week High18.09
52 Week Low8.47
CS1 End9.28
CR1 Start9.71
Volume & EV
DER(3)-4.53%
DER(5)-4.45%
Volume2.96M
Volume Incr215.47%
Vol(5)754.96K
Vol(50)319.83K