MCCOY GLOBAL INC (MCB.CA) Stock Technical Analysis
TSX:MCB - Toronto Stock Exchange - CA57980Q1063 - Common Stock - Currency: CAD
We assign a technical rating of 6 out of 10 to MCB. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month MCB has a been trading in the 3.90 - 4.48 range, which is quite wide. It is currently trading near the lows of this range.
MCB is part of the Energy Equipment & Services industry. There are 27 other stocks in this industry. MCB outperforms 92% of them.
MCB 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 MCB is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, MCB did better than 88% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Considerably lower volume is observed in the last couple of days.
MCB has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.90, a Stop Loss order could be placed below this zone.
More info and screens
2.44
4.47
We found 3 important support areas.
- A support zone ranging from 3.86 to 3.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.84 from a trend line in the weekly time frame.
- Support @2.46 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.43 to 4.43. 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 | UP | POSITIVE | The long term trend for MCB.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MCB.CA is down. |
| ChartMill Relative Strength | 88.71 | POSITIVE | MCB.CA has a high relative strength, it outperformed 88.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MCB.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MCB.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MCB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.58 | NEUTRAL | The RSI value for MCB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MCB.CA has a negative trend. |
| Stochastics (14,3) | 10.92 | OVERSOLD | The low Stochastics value suggests MCB.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.03 | MEDIUM VOLATILITY | The ATR as a percentage value for MCB.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.12 | NEUTRAL | The ADX value for MCB.CA suggests a possible start of a new 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 |
|---|---|---|---|
| 4.06 | 3.89 | 0.17 (4.09%) | 24.43% |
| An entry @4.06. This is a Buy Stop order right above the 10 day moving average. | An exit @3.89. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.17 points, which is 4.09%. | For a 1.00% total portfolio risk, you can invest 24.43% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MCB. 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:MCB (7/23/2025, 7:00:00 PM)
3.91
-0.05 (-1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.26%
1 Week-4.63%
2 Weeks-6.9%
1 Month-1.76%
3 Month12.03%
6 Month28.62%
12 Month98.48%
2 Year167.81%
3 Year234.19%
5 Year915.58%
10 Year-8%
15 Year155.56%
Volatility
ATR(14)0.14
ATR(20)%4.03%
ATR Inc-42.99%
Range Today0.11
ADR(20)0.15
ADR(20)%3.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.71
Mansfield2.01
10 Day High4.2
10 Day Low3.9
20 Day High4.48
20 Day Low3.9
52 Week High4.48
52 Week Low1.83
CS1 End3.9
CR1 Start4.43
Volume & EV
DER(3)0%
DER(5)0%
Volume35.65K
Volume Incr-53.02%
Vol(5)32.77K
Vol(50)66.88K