MATACHEWAN CONS MINES LTD-A (MCM-A.CA) Stock Technical Analysis
Canada - TSX-V:MCM-A - CA5764711068 - Common Stock
0.7 CAD
0 (0%)
Taking everything into account, MCM-A scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MCM-A is showing a nice and steady performance.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: MCM-A has an average volume of 13480 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
MCM-A is part of the Oil, Gas & Consumable Fuels industry. There are 220 other stocks in this industry. MCM-A outperforms 98% of them.
MCM-A is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MCM-A has a been trading in the 0.31 - 0.73 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that MCM-A is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MCM-A has an excellent technical rating, it 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
0.37
0.71
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.66 to 0.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.37 from a trend line 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 MCM-A.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCM-A.CA is up. |
| ChartMill Relative Strength | 97.2 | POSITIVE | MCM-A.CA has a high relative strength, it outperformed 97.2% off all stocks 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) | UP | POSITIVE | The current price of MCM-A.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MCM-A.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.59 | OVERBOUGHT | The high RSI value suggests MCM-A.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MCM-A.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.8 | OVERBOUGHT | The high Stochastics value suggests MCM-A.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.18 | HIGH VOLATILITY | The high ATR as a percentage value for MCM-A.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 38.36 | POSITIVE | The high ADX value value for MCM-A.CA suggests a strong 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-V:MCM-A (9/22/2025, 7:00:00 PM)
0.7
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week6.06%
2 Weeks53.85%
1 Month97.18%
3 Month204.35%
6 Month218.18%
12 Month233.33%
2 Year233.33%
3 Year169.23%
5 Year600%
10 Year250%
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%5.18%
ATR Inc-80%
Range Today0
ADR(20)0.02
ADR(20)%2.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.2
Mansfield9.16
10 Day High0.73
10 Day Low0.46
20 Day High0.73
20 Day Low0.31
52 Week High0.73
52 Week Low0.17
CS1 End0.67
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume3.00K
Volume Incr-87.35%
Vol(5)2.37K
Vol(50)13.48K