MINNOVA CORP (MCI.CA) Stock Technical Analysis
TSX-V:MCI • CA6042501008
Overall MCI 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, MCI is showing a nice and steady performance.
- In the last month MCI has a been trading in the 0.30 - 0.46 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that MCI is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by MCI over the past year are nicely spread over this period.
- MCI is one of the better performing stocks in the Metals & Mining industry, it outperforms 89% of 800 stocks in the same industry.
- MCI 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 MCI is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
MCI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for MCI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.20
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.20 to 0.20. 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 MCI.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCI.CA is up. |
| ChartMill Relative Strength | 96.02 | POSITIVE | MCI.CA has a high relative strength, it outperformed 96.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MCI.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCI.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MCI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.41 | NEUTRAL | The RSI value for MCI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MCI.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.72 | NEUTRAL | The Stochastics value for MCI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.46 | HIGH VOLATILITY | The high ATR as a percentage value for MCI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.57 | NEUTRAL | The ADX value for MCI.CA suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 0.36 | 0.32 | 0.04 (11.85%) | 8.44% |
| An entry @0.36. This is a Buy Stop order right above the 10 day moving average. | An exit @0.32. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.04 points, which is 11.85%. | When investing 8.44% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of MCI. 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-V:MCI (2/19/2026, 7:00:00 PM)
0.34
-0.01 (-4.23%)
MINNOVA CORP / MCI.CA FAQ
What is the technical rating for MCI stock?
ChartMill assigns a technical rating of 10 / 10 to MCI.CA.
Can you provide the trend direction for MINNOVA CORP?
The current trend direction for MINNOVA CORP (MCI.CA) is Bullish.
What is the RSI signal for MCI stock?
MINNOVA CORP (MCI.CA) has an RSI value of 49.4088. This indicates that the stock is currently neutral.
What is the buy/sell signal for MINNOVA CORP (MCI.CA) stock?
The buy/sell signal for MINNOVA CORP (MCI.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for MINNOVA CORP (MCI.CA) stock?
MINNOVA CORP (MCI.CA) has a support level at 0.33. Check the full technical report for our detailed analysis of MCI.CA support and resistance levels.