MEXICAN GOLD MINING CORP (MEX.CA) Stock Technical Analysis
TSX-V:MEX • CA5928192056
Taking everything into account, MEX scores 10 out of 10 in our technical rating. 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.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, MEX did better than 95% of all other stocks. On top of that, MEX also shows a nice and consistent pattern of rising prices.
- MEX is one of the better performing stocks in the Metals & Mining industry, it outperforms 89% of 800 stocks in the same industry.
- 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 0.14 - 0.21 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, MEX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for MEX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.15
When analyzing the support we notice one important area.
- A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines in the daily 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 | 95.88 | POSITIVE | MEX.CA has a high relative strength, it outperformed 95.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MEX.CA is above 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) | 56.2 | NEUTRAL | The RSI value for MEX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MEX.CA has a positive trend. |
| Stochastics (14,3) | 95.24 | OVERBOUGHT | The high Stochastics value suggests MEX.CA may be overbought. |
| Average True Range in percent/ATR (20) | 11 | HIGH VOLATILITY | The high ATR as a percentage value for MEX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.95 | NEGATIVE | The low ADX value for MEX.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.22 | 0.13 | 0.09 (40.91%) | 2.44% |
| An entry @0.22. This is a Buy Stop order right above the 10 day high. | An exit @0.13. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.09 points, which is 40.91%. | For a 1.00% total portfolio risk, you can invest 2.44% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:MEX (2/13/2026, 7:00:00 PM)
0.2
-0.01 (-4.76%)
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 56.2029. 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 0.00271608, 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 0.15. Check the full technical report for our detailed analysis of MEX.CA support and resistance levels.