METALORE RESOURCES LTD (MET.CA) Technical Analysis

TSX-V:MET • CA5913071034

Current stock price

2.5 CAD
+0.04 (+1.63%)
Last:

MET.CA Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to MET. In the past year, MET was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

  • MET is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 60% of 209 stocks in the same industry do better.
  • MET 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 MET is lagging the market.
  • Warning: MET has an average volume of 1627 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.
  • When compared to the yearly performance of all other stocks, MET outperforms 51% of them, which is more or less in line with the market.
  • In the last month MET has a been trading in the 2.20 - 2.90 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.

MET.CA Weekly and Daily overview Charts

METALORE RESOURCES LTD / MET Weekly stock chart
METALORE RESOURCES LTD / MET Daily stock chart

MET.CA Setup Rating and Analysis

3

MET has an average technical rating and it also 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.

MET.CA Support and Resistance Analysis

2.17

3.54

4 important support areas can be observed.

  • A support zone ranging from 2.44 to 2.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @2.40 from a trend line in the daily time frame.
  • A support zone ranging from 2.25 to 2.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 2.19 to 2.21. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • A resistance zone ranging from 2.84 to 2.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @2.95 from a horizontal line in the daily time frame.
  • Resistance @3.04 from a trend line in the weekly time frame.
  • Resistance @3.50 from a horizontal line in the weekly time frame.

MET.CA 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 IndicatorNEUTRALNEUTRALThe long term trend for MET.CA is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for MET.CA is neutral.
ChartMill Relative Strength51.91NEUTRALMET.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of MET.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of MET.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of MET.CA is below the rising SMA(200).
Relative Strength Index/RSI (14)50.2NEUTRALThe RSI value for MET.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests MET.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)33.81NEUTRALThe Stochastics value for MET.CA is a neutral value.
Average True Range in percent/ATR (20)4.3MEDIUM VOLATILITYThe ATR as a percentage value for MET.CA suggests some volalility.
Average Directional Index/ADX (14)11.19NEGATIVEThe low ADX value for MET.CA suggests a weak or negative trend.

MET.CA 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)

MET.CA Technicals: Chart, Performance Metrics, Trend & Indicators

METALORE RESOURCES LTD / MET Daily stock chart

METALORE RESOURCES LTD

TSX-V:MET (3/6/2026, 7:00:00 PM)

2.5

+0.04 (+1.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.63%
1 Week-13.19%
2 Weeks13.64%
1 Month4.17%
3 Month11.11%
6 Month-16.67%
12 Month6.38%
2 Year-16.67%
3 Year-0.4%
5 Year-16.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%4.3%
ATR Inc-43.85%
Range Today0
ADR(20)0.06
ADR(20)%2.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.91
3 months CRS73.36
6 months CRS14.31
Mansfield-2.13
10 Day High2.9
10 Day Low2.35
20 Day High2.9
20 Day Low2.2
52 Week High3.44
52 Week Low2.2
CS1 End2.47
CR1 Start2.84
Volume & EV
DER(3)0%
DER(5)-18.82%
Volume816
Volume Incr-64.65%
Vol(5)494.2
Vol(50)1.63K

METALORE RESOURCES LTD / MET.CA TA FAQ

What is the technical rating for MET stock?

ChartMill assigns a technical rating of 4 / 10 to MET.CA.


What is the trend direction for MET 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 50.1997. This indicates that the stock is currently neutral.


What is the short term momentum for MET stock?

The short term momentum for METALORE RESOURCES LTD (MET.CA) is neutral.


What are the support and resistance levels for METALORE RESOURCES LTD (MET.CA) stock?

METALORE RESOURCES LTD (MET.CA) has a support level at 2.47 and a resistance level at 2.84. Check the full technical report for our detailed analysis of MET.CA support and resistance levels.