MCCOY GLOBAL INC (MCB.CA) Stock Technical Analysis
TSX:MCB - Toronto Stock Exchange - CA57980Q1063 - Common Stock - Currency: CAD
Taking everything into account, MCB scores 5 out of 10 in our technical rating. In the last year, MCB was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month MCB has a been trading in the 3.50 - 4.48 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.
MCB is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 80% of 27 stocks in the same industry.
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 87% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
MCB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MCB is lagging the market slightly.
MCB has an average technical rating and it also does not offer a high quality setup 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
2.45
4.06
3 important support areas can be observed.
- A support zone ranging from 3.57 to 3.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.86 from a trend line in the weekly time frame.
- Support @2.47 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.98 to 4.02. This zone is formed by a combination of multiple trend lines and important moving averages 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 MCB.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MCB.CA is down. |
| ChartMill Relative Strength | 87.66 | POSITIVE | MCB.CA has a high relative strength, it outperformed 87.66% 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) | 31.05 | NEUTRAL | The RSI value for MCB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MCB.CA has a negative trend. |
| Stochastics (14,3) | 5.9 | OVERSOLD | The low Stochastics value suggests MCB.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for MCB.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.08 | 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)
TSX:MCB (8/1/2025, 7:00:00 PM)
3.58
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0%
1 Week-8.21%
2 Weeks-12.68%
1 Month-19%
3 Month13.65%
6 Month21.36%
12 Month84.54%
2 Year155.71%
3 Year222.52%
5 Year722.99%
10 Year11.88%
15 Year108.14%
Volatility
ATR(14)0.13
ATR(20)%3.88%
ATR Inc15.43%
Range Today0.18
ADR(20)0.13
ADR(20)%3.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.66
Mansfield1.05
10 Day High4.06
10 Day Low3.5
20 Day High4.48
20 Day Low3.5
52 Week High4.48
52 Week Low1.83
CS1 End3.57
CR1 Start3.98
Volume & EV
DER(3)-10.57%
DER(5)-12.9%
Volume75.48K
Volume Incr-2.63%
Vol(5)67.33K
Vol(50)64.50K