MATACHEWAN CONS MINES LTD-A (MCM-A.CA) Technical Analysis
TSX-V:MCM-A • CA5764711068
Taking everything into account, MCM-A scores 2 out of 10 in our technical rating. MCM-A has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- Warning: MCM-A has an average volume of 13457 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month MCM-A has a been trading in the 0.23 - 0.42 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, MCM-A turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
- MCM-A is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, MCM-A did better than 52% of them.
- MCM-A is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MCM-A is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
0.23
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.25 from a trend line in the weekly time frame.
- Support @0.23 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.80 to 0.80. 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 | DOWN | NEGATIVE | The long term trend for MCM-A.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MCM-A.CA is neutral. |
| ChartMill Relative Strength | 56.57 | NEUTRAL | MCM-A.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCM-A.CA is above the rising 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) | 53.26 | NEUTRAL | The RSI value for MCM-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MCM-A.CA has a positive trend. |
| Stochastics (14,3) | 95.7 | OVERBOUGHT | The high Stochastics value suggests MCM-A.CA may be overbought. |
| Average True Range in percent/ATR (20) | 8.39 | HIGH VOLATILITY | The high ATR as a percentage value for MCM-A.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.28 | NEGATIVE | The low ADX value for MCM-A.CA suggests a weak or negative trend. |
MCM-A.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:MCM-A (3/3/2026, 7:00:00 PM)
0.42
+0.05 (+13.51%)
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 2 / 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 53.2605. This indicates that the stock is currently neutral.
What is the support and resistance level for MCM-A stock?
MATACHEWAN CONS MINES LTD-A (MCM-A.CA) has a support level at 0.31 and a resistance level at 0.8. Check the full technical report for our detailed analysis of MCM-A.CA support and resistance levels.