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METAL ENERGY CORP (MERG.CA) Stock Technical Analysis

Canada - TSX Venture Exchange - TSX-V:MERG - CA5910882086 - Common Stock

0.74 CAD
+0.05 (+7.25%)
Last: 12/19/2025, 7:00:00 PM
Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to MERG. Both in the recent history as in the last year, MERG has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
MERG is part of the Metals & Mining industry. There are 814 other stocks in this industry. MERG outperforms 97% of them.
MERG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MERG is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that MERG is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month MERG has a been trading in the 0.47 - 0.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.

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Weekly and Daily overview Charts
METAL ENERGY CORP / MERG Weekly stock chart
METAL ENERGY CORP / MERG Daily stock chart
Setup Rating and Analysis

3

Although MERG has an excellent technical rating, it does not offer a high quality setup 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.

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Support and Resistance Analysis

0.67

0.75

We found 1 important support area.

  • Support @0.68 from a horizontal line in the daily time frame.

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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 IndicatorUPPOSITIVEThe long term trend for MERG.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for MERG.CA is up.
ChartMill Relative Strength99.03POSITIVEMERG.CA has a high relative strength, it outperformed 99.03% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of MERG.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of MERG.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of MERG.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)61.34NEUTRALThe RSI value for MERG.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests MERG.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)49.12NEUTRALThe Stochastics value for MERG.CA is a neutral value.
Average True Range in percent/ATR (20)8.85HIGH VOLATILITYThe high ATR as a percentage value for MERG.CA suggests high volalility.
Average Directional Index/ADX (14)44.55POSITIVEThe high ADX value value for MERG.CA suggests a strong 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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METAL ENERGY CORP / MERG Daily stock chart

METAL ENERGY CORP

TSX-V:MERG (12/19/2025, 7:00:00 PM)

0.74

+0.05 (+7.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg7.25%
1 Week0%
2 Weeks25.42%
1 Month59.14%
3 Month492%
6 Month640%
12 Month393.33%
2 Year228.89%
3 Year228.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%8.85%
ATR Inc-38.83%
Range Today0.02
ADR(20)0.05
ADR(20)%7.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.03
3 months CRS99.68
6 months CRS99.58
Mansfield21.88
10 Day High0.91
10 Day Low0.6
20 Day High0.91
20 Day Low0.48
52 Week High0.91
52 Week Low0.08
CS1 End0.68
CR1 StartN/A
Volume & EV
DER(3)1.54%
DER(5)-3.7%
Volume37.87K
Volume Incr22.65%
Vol(5)103.61K
Vol(50)244.34K

METAL ENERGY CORP / MERG.CA FAQ

Can you provide the ChartMill technical rating for METAL ENERGY CORP?

ChartMill assigns a technical rating of 9 / 10 to MERG.CA.


What is the trend direction for MERG stock?

The current trend direction for METAL ENERGY CORP (MERG.CA) is Bullish.


Can you provide the RSI signal for METAL ENERGY CORP?

METAL ENERGY CORP (MERG.CA) has an RSI value of 61.3416. This indicates that the stock is currently neutral.


Can you provide the MACD signal for METAL ENERGY CORP?

The MACD indicator for METAL ENERGY CORP (MERG.CA) has a value of 0.00203163, indicating a bearish trend.


What is the short term momentum for METAL ENERGY CORP (MERG.CA) stock?

The short term momentum for METAL ENERGY CORP (MERG.CA) is positive.