MENE INC (MENE.CA) Stock Technical Analysis
TSX-V:MENE - TSX Venture Exchange - CA58680T1012 - Common Stock - Currency: CAD
Taking everything into account, MENE scores 1 out of 10 in our technical rating. MENE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
83% of all other stocks performed better in the past year than MENE.
MENE is part of the Textiles, Apparel & Luxury Goods industry. There are 5 other stocks in this industry, of which 75% are performing better than MENE.
MENE is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month MENE has a been trading in the 0.13 - 0.16 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.
Warning: MENE has an average volume of 22644 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 neutral. So this is not the most entertaining stock around.
Considerably lower volume is observed in the last couple of days.
MENE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.12, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
0.12
0.16
We found 1 important support area.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.15 from a trend line in the daily time frame.
- Resistance @0.16 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.96
Mansfield-0.93
10 Day High0.15
10 Day Low0.13
20 Day High0.16
20 Day Low0.13
52 Week High0.25
52 Week Low0.08
Performance
1 Week-7.41%
2 Weeks-21.87%
1 Month-21.87%
3 Month0%
6 Month19.05%
12 Month-41.86%
2 Year-63.77%
3 Year-76.42%
5 Year-65.28%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)43.89
LBB0.12
UBB0.16
TSX-V:MENE (5/2/2025, 7:00:00 PM)
0.125
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg0%
1 Week-7.41%
2 Weeks-21.87%
1 Month-21.87%
3 Month0%
6 Month19.05%
12 Month-41.86%
2 Year-63.77%
3 Year-76.42%
5 Year-65.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%7.8%
ATR Inc-25%
Range Today0
ADR(20)0
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.96
Mansfield-0.93
10 Day High0.15
10 Day Low0.13
20 Day High0.16
20 Day Low0.13
52 Week High0.25
52 Week Low0.08
CS1 End0.12
CR1 Start0.13
Volume & EV
DER(3)-108.76%
DER(5)-149.14%
Volume10.84K
Volume Incr-39.95%
Vol(5)12.07K
Vol(50)22.64K