METALORE RESOURCES LTD (MET.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - 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.
The technical rating of MET is bad and it also does not present a 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.
More info and screens
2.13
We found 2 important support areas.
- A support zone ranging from 2.19 to 2.19. 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.
7 important resistance areas can be observed.
- A resistance zone ranging from 2.20 to 2.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 2.36 to 2.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.87 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 | 17.37 | NEGATIVE | MET.CA has a low relative strength, it was outperformed by 82.63% 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) | 41.94 | 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. |
| Average True Range in percent/ATR (20) | 4.25 | MEDIUM VOLATILITY | The ATR as a percentage value for MET.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 9.12 | NEGATIVE | The low ADX value for MET.CA suggests a weak or negative trend. |
TSX-V:MET (12/29/2025, 7:00:00 PM)
2.2
-0.05 (-2.22%)
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 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 41.9356. 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 negative.
What are the support and resistance levels for METALORE RESOURCES LTD (MET.CA) stock?
METALORE RESOURCES LTD (MET.CA) has a support level at 2.19 and a resistance level at 2.2. Check the full technical report for our detailed analysis of MET.CA support and resistance levels.