MATACHEWAN CONS MINES LTD-A (MCM-A.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:MCM-A - CA5764711068 - Common Stock
Taking everything into account, MCM-A scores 0 out of 10 in our technical rating. MCM-A scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 94% of all other stocks performed better in the past year than MCM-A.
- MCM-A is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 83% of 206 stocks in the same industry do better.
- MCM-A is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month MCM-A has a been trading in the 0.14 - 0.80 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: MCM-A has an average volume of 9314 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of MCM-A is bad and it also does not present a 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
0.22
2 important support areas can be observed.
- Support @0.25 from a trend line in the weekly time frame.
- Support @0.22 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 | NEUTRAL | NEUTRAL | The long term trend for MCM-A.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MCM-A.CA is down. |
| ChartMill Relative Strength | 6.73 | NEGATIVE | MCM-A.CA has a low relative strength, it was outperformed by 93.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MCM-A.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MCM-A.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MCM-A.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 26.33 | OVERSOLD | The low RSI value suggests MCM-A.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MCM-A.CA has a negative trend. |
| Stochastics (14,3) | 19.61 | OVERSOLD | The low Stochastics value suggests MCM-A.CA may be oversold. |
| Average True Range in percent/ATR (20) | 23.51 | HIGH VOLATILITY | The high ATR as a percentage value for MCM-A.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.88 | NEUTRAL | The ADX value for MCM-A.CA suggests a possible start of a new trend. |
TSX-V:MCM-A (1/27/2026, 7:00:00 PM)
0.27
-0.01 (-1.82%)
MATACHEWAN CONS MINES LTD-A / MCM-A.CA FAQ
Can you provide the ChartMill technical rating for MATACHEWAN CONS MINES LTD-A?
ChartMill assigns a technical rating of 0 / 10 to MCM-A.CA.
What is the trend direction for MCM-A stock?
The current trend direction for MATACHEWAN CONS MINES LTD-A (MCM-A.CA) is Bearish.
What is the RSI signal for MCM-A stock?
MATACHEWAN CONS MINES LTD-A (MCM-A.CA) has an RSI value of 26.3321. This indicates that the stock is currently oversold.
What is the support and resistance level for MCM-A stock?
MATACHEWAN CONS MINES LTD-A (MCM-A.CA) has a support level at 0.25. Check the full technical report for our detailed analysis of MCM-A.CA support and resistance levels.