MAINSTREET EQUITY CORP (MEQ.CA) Stock Technical Analysis
TSX:MEQ - CA5609151009 - Common Stock
192.96 CAD
-1.39 (-0.72%)
We assign a technical rating of 3 out of 10 to MEQ. MEQ performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
77% of all other stocks performed better in the past year than MEQ.
In the last month MEQ has a been trading in the 191.80 - 206.80 range, which is quite wide. It is currently trading near the lows of this range.
Warning: MEQ has an average volume of 3823 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
MEQ is an average performer in the Real Estate Management & Development industry, it outperforms 41% of 30 stocks in the same industry.
MEQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MEQ is lagging the market.
MEQ has a poor technical rating and the quality of the setup is also only medium 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
179.82
214.72
We found 2 important support areas.
- A support zone ranging from 187.98 to 192.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 181.64 to 183.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 193.98 to 198.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @201.91 from a trend line in the weekly time frame.
- A resistance zone ranging from 207.97 to 212.59. 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 | NEUTRAL | NEUTRAL | The long term trend for MEQ.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MEQ.CA is neutral. |
| ChartMill Relative Strength | 23.28 | NEGATIVE | MEQ.CA has a low relative strength, it was outperformed by 76.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MEQ.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MEQ.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MEQ.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.38 | NEUTRAL | The RSI value for MEQ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.92 | NEGATIVE | The MACD value suggests MEQ.CA has a negative trend. |
| Stochastics (14,3) | 11.99 | OVERSOLD | The low Stochastics value suggests MEQ.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for MEQ.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.48 | NEUTRAL | The ADX value for MEQ.CA suggests a possible start of a new 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:MEQ (9/10/2025, 7:00:00 PM)
192.96
-1.39 (-0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-0.72%
1 Week-2.05%
2 Weeks-1.26%
1 Month-5.11%
3 Month0.5%
6 Month3.35%
12 Month-0.65%
2 Year45.08%
3 Year82.04%
5 Year168.41%
10 Year515.31%
15 Year1592.63%
Volatility
ATR(14)3.67
ATR(20)%1.97%
ATR Inc17.63%
Range Today5.09
ADR(20)3.72
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.28
Mansfield-1.07
10 Day High201.75
10 Day Low191.8
20 Day High206.8
20 Day Low191.8
52 Week High216.37
52 Week Low179.5
CS1 End192.19
CR1 Start193.98
Volume & EV
DER(3)-6.51%
DER(5)-4.81%
Volume5.87K
Volume Incr10.22%
Vol(5)4.52K
Vol(50)3.82K