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MAINSTREET EQUITY CORP (MEQ.CA) Stock Technical Analysis

Canada - TSX:MEQ - CA5609151009 - Common Stock

183 CAD
0 (0%)
Last: 11/17/2025, 7:00:00 PM
Technical Rating and Analysis

1

Taking everything into account, MEQ scores 1 out of 10 in our technical rating. MEQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MEQ is a bad performer in the overall market: 85% of all stocks are doing better.
MEQ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MEQ is lagging the market.
In the last month MEQ has a been trading in the 181.00 - 201.20 range, which is quite wide. It is currently trading near the lows of this range.
Warning: MEQ has an average volume of 4872 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
MEQ is part of the Real Estate Management & Development industry. There are 33 other stocks in this industry, MEQ did better than 46% of them.

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Weekly and Daily overview Charts
MAINSTREET EQUITY CORP / MEQ Weekly stock chart
MAINSTREET EQUITY CORP / MEQ Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, MEQ does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 183.06, a Stop Loss order could be placed below this zone.

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Support and Resistance Analysis

178.93

214.72

We found 1 important support area.

  • A support zone ranging from 180.74 to 181.65. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 7 important areas.

  • A resistance zone ranging from 183.00 to 185.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 188.96 to 189.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @193.80 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 198.29 to 199.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @203.36 from a horizontal line in the daily time frame.
  • Resistance @207.97 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 212.59 to 212.59. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for MEQ.CA is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for MEQ.CA is down.
ChartMill Relative Strength15.65NEGATIVEMEQ.CA has a low relative strength, it was outperformed by 84.35% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of MEQ.CA is below the rising SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of MEQ.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of MEQ.CA is below a declining SMA(200).
Relative Strength Index/RSI (14)42.78NEUTRALThe RSI value for MEQ.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.7NEGATIVEThe MACD value suggests MEQ.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)13.07OVERSOLDThe low Stochastics value suggests MEQ.CA may be oversold.
Average True Range in percent/ATR (20)1.97LOW VOLATILITYThe low ATR as a percentage value for MEQ.CA suggests low volalility.
Average Directional Index/ADX (14)24.59NEUTRALThe ADX value for MEQ.CA suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)

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MAINSTREET EQUITY CORP / MEQ Daily stock chart

MAINSTREET EQUITY CORP

TSX:MEQ (11/17/2025, 7:00:00 PM)

183

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg0%
1 Week-0.53%
2 Weeks-1.99%
1 Month0.14%
3 Month-8.86%
6 Month-3.94%
12 Month-7.22%
2 Year30.29%
3 Year52.32%
5 Year162.43%
10 Year533.81%
15 Year1143.35%
Volatility
ATR(14)3.38
ATR(20)%1.97%
ATR Inc4.28%
Range Today3.5
ADR(20)3.26
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.65
3 months CRS15.96
6 months CRS16.5
Mansfield-1.39
10 Day High190.07
10 Day Low181
20 Day High201.2
20 Day Low181
52 Week High212.58
52 Week Low179.5
CS1 End183.06
CR1 Start188.96
Volume & EV
DER(3)0.83%
DER(5)-0.36%
Volume4.45K
Volume Incr18.16%
Vol(5)6.28K
Vol(50)4.87K

MAINSTREET EQUITY CORP / MEQ.CA FAQ

What is the ChartMill technical rating of MAINSTREET EQUITY CORP (MEQ.CA) stock?

ChartMill assigns a technical rating of 1 / 10 to MEQ.CA.


What is the current trend direction of MAINSTREET EQUITY CORP (MEQ.CA) stock?

The current trend direction for MAINSTREET EQUITY CORP (MEQ.CA) is Bearish.


Can you provide the RSI signal for MAINSTREET EQUITY CORP?

MAINSTREET EQUITY CORP (MEQ.CA) has an RSI value of 42.7802. This indicates that the stock is currently neutral.


What is the MACD signal for MAINSTREET EQUITY CORP (MEQ.CA) stock?

The MACD indicator for MAINSTREET EQUITY CORP (MEQ.CA) has a value of -0.699565, indicating a bearish trend.


What is the buy/sell signal for MEQ stock?

The buy/sell signal for MAINSTREET EQUITY CORP (MEQ.CA) is sell as both the short term and long term trends are negative.