METALORE RESOURCES LTD (MET.CA) Stock Technical Analysis
Canada - TSX-V:MET - CA5913071034 - Common Stock
We assign a technical rating of 0 out of 10 to MET. MET'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.
MET has a poor technical rating and the quality of the setup is also not perfect 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
2.13
We found 2 important support areas.
- A support zone ranging from 2.19 to 2.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.15 from a horizontal line in the daily time frame.
We can see 7 important resistance areas.
- Resistance @2.26 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 2.31 to 2.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.37 to 2.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.88 from a trend line in the daily time frame.
- Resistance @2.95 from a horizontal line in the daily time frame.
- Resistance @3.09 from a trend line in the weekly time frame.
- Resistance @3.50 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for MET.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MET.CA is down. |
| ChartMill Relative Strength | 17.35 | NEGATIVE | MET.CA has a low relative strength, it was outperformed by 82.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MET.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MET.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MET.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.66 | NEUTRAL | The RSI value for MET.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MET.CA has a negative trend. |
| Stochastics (14,3) | 1.49 | OVERSOLD | The low Stochastics value suggests MET.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for MET.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 8.72 | NEGATIVE | The low ADX value for MET.CA suggests a weak or negative trend. |
TSX-V:MET (11/12/2025, 7:00:00 PM)
2.25
-0.05 (-2.17%)
METALORE RESOURCES LTD / MET.CA FAQ
What is the technical rating for MET stock?
ChartMill assigns a technical rating of 0 / 10 to MET.CA.
What is the current trend direction of METALORE RESOURCES LTD (MET.CA) stock?
The current trend direction for METALORE RESOURCES LTD (MET.CA) is Bearish.
What is the RSI signal for MET stock?
METALORE RESOURCES LTD (MET.CA) has an RSI value of 43.6646. This indicates that the stock is currently neutral.
What is the MACD signal for MET stock?
The MACD indicator for METALORE RESOURCES LTD (MET.CA) has a value of -0.017413, indicating a bearish trend.
What is the buy/sell signal for METALORE RESOURCES LTD (MET.CA) stock?
The buy/sell signal for METALORE RESOURCES LTD (MET.CA) is sell as both the short term and long term trends are negative.