MCCHIP RESOURCES INC (MCS.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:MCS - CA5799031052 - Common Stock
We assign a technical rating of 5 out of 10 to MCS. In the last year, MCS was one of the better performers, but we do observe some doubts in the very recent evolution.
MCS has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.65. Right above this resistance zone may be a good entry point.
More info and screens
1.50
2 important support areas can be observed.
- Support @1.55 from a horizontal line in the weekly time frame.
- Support @1.52 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.65 to 1.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.82 from a trend line in the daily time frame.
- Resistance @1.96 from a horizontal 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 MCS.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MCS.CA is down. |
| ChartMill Relative Strength | 83.76 | POSITIVE | MCS.CA has a high relative strength, it outperformed 83.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MCS.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MCS.CA is below 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) | 47.97 | NEUTRAL | The RSI value for MCS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MCS.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.9 | NEUTRAL | The Stochastics value for MCS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.26 | HIGH VOLATILITY | The high ATR as a percentage value for MCS.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.03 | NEGATIVE | The low ADX value for MCS.CA suggests a weak or negative trend. |
TSX-V:MCS (11/20/2025, 7:00:00 PM)
1.64
+0.12 (+7.89%)
MCCHIP RESOURCES INC / MCS.CA FAQ
What is the technical rating for MCS stock?
ChartMill assigns a technical rating of 5 / 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 47.9701. 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 -0.00783963, 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 1.55 and a resistance level at 1.65. Check the full technical report for our detailed analysis of MCS.CA support and resistance levels.