MEXICAN GOLD MINING CORP (MEX.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:MEX - CA5928192056 - Common Stock
Overall MEX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MEX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that MEX is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, MEX also shows a nice and consistent pattern of rising prices.
- MEX is part of the Metals & Mining industry. There are 817 other stocks in this industry. MEX outperforms 87% of them.
- MEX 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 MEX is lagging the market slightly.
- In the last month MEX has a been trading in the 0.12 - 0.23 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.
MEX has an excellent technical rating, but the quality of the setup is 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
0.17
When analyzing the support we can see 2 important areas.
- Support @0.18 from a trend line in the daily time frame.
- A support zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @0.22 from a trend 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 | UP | POSITIVE | The long term trend for MEX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MEX.CA is up. |
| ChartMill Relative Strength | 95.33 | POSITIVE | MEX.CA has a high relative strength, it outperformed 95.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MEX.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MEX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MEX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.17 | NEUTRAL | The RSI value for MEX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MEX.CA has a negative trend. |
| Stochastics (14,3) | 37.18 | NEUTRAL | The Stochastics value for MEX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.86 | HIGH VOLATILITY | The high ATR as a percentage value for MEX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.57 | NEGATIVE | The low ADX value for MEX.CA suggests a weak or negative trend. |
TSX-V:MEX (1/19/2026, 7:00:00 PM)
0.18
-0.01 (-5.26%)
MEXICAN GOLD MINING CORP / MEX.CA FAQ
What is the technical rating for MEX stock?
ChartMill assigns a technical rating of 10 / 10 to MEX.CA.
Can you provide the trend direction for MEXICAN GOLD MINING CORP?
The current trend direction for MEXICAN GOLD MINING CORP (MEX.CA) is Bullish.
What is the RSI signal for MEXICAN GOLD MINING CORP (MEX.CA) stock?
MEXICAN GOLD MINING CORP (MEX.CA) has an RSI value of 53.1733. This indicates that the stock is currently neutral.
What is the MACD signal for MEX stock?
The MACD indicator for MEXICAN GOLD MINING CORP (MEX.CA) has a value of -0.00317169, indicating a bearish trend.
Can you provide the support and resistance levels for MEXICAN GOLD MINING CORP?
MEXICAN GOLD MINING CORP (MEX.CA) has a support level at 0.18 and a resistance level at 0.22. Check the full technical report for our detailed analysis of MEX.CA support and resistance levels.