MCCHIP RESOURCES INC (MCS.CA) Stock Technical Analysis
Canada - TSX-V:MCS - CA5799031052 - Common Stock
Taking everything into account, MCS scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, MCS has proven to be a steady performer, scoring decent points in every aspect analyzed.
MCS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.93. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.66
When analyzing the support we can see 3 important areas.
- Support @1.80 from a trend line in the daily time frame.
- A support zone ranging from 1.74 to 1.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.68 to 1.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.93 to 1.98. 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 MCS.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MCS.CA is neutral. |
| ChartMill Relative Strength | 89.57 | POSITIVE | MCS.CA has a high relative strength, it outperformed 89.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCS.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCS.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MCS.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.07 | NEUTRAL | The RSI value for MCS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MCS.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.62 | OVERBOUGHT | The high Stochastics value suggests MCS.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.3 | HIGH VOLATILITY | The high ATR as a percentage value for MCS.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 8.88 | NEGATIVE | The low ADX value for MCS.CA suggests a weak or negative 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 |
|---|---|---|---|
| 1.99 | 1.79 | 0.20 (10.05%) | 9.95% |
| An entry @1.99. This is a Buy Stop order right above the resistance zone. | An exit @1.79. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.20 points, which is 10.05%. | When investing 9.95% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:MCS (10/24/2025, 7:00:00 PM)
1.85
-0.09 (-4.64%)
MCCHIP RESOURCES INC / MCS.CA FAQ
What is the technical rating for MCS stock?
ChartMill assigns a technical rating of 9 / 10 to MCS.CA.
What is the trend direction for MCS stock?
The current trend direction for MCCHIP RESOURCES INC (MCS.CA) is Bullish.
What is the RSI signal for MCS stock?
MCCHIP RESOURCES INC (MCS.CA) has an RSI value of 52.0669. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MCCHIP RESOURCES INC?
The MACD indicator for MCCHIP RESOURCES INC (MCS.CA) has a value of 0.000603298, indicating a bearish trend.
What are the support and resistance levels for MCCHIP RESOURCES INC (MCS.CA) stock?
MCCHIP RESOURCES INC (MCS.CA) has a support level at 1.8 and a resistance level at 1.93. Check the full technical report for our detailed analysis of MCS.CA support and resistance levels.