MAYFAIR GOLD CORP (MFG.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:MFG - CA57808L1076 - Common Stock
Taking everything into account, MFG scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MFG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that MFG is one of the better performing stocks in the market, outperforming 94% of all stocks.
- MFG is one of the better performing stocks in the Metals & Mining industry, it outperforms 84% of 817 stocks in the same industry.
- MFG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month MFG has a been trading in the 4.49 - 5.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, MFG 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.95
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.13 to 5.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.72 from a trend line in the daily time frame.
- Support @1.97 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @5.56 from a horizontal line 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 MFG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MFG.CA is up. |
| ChartMill Relative Strength | 94.35 | POSITIVE | MFG.CA has a high relative strength, it outperformed 94.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MFG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MFG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MFG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.52 | NEUTRAL | The RSI value for MFG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests MFG.CA has a negative trend. |
| Stochastics (14,3) | 54.05 | NEUTRAL | The Stochastics value for MFG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for MFG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 53.25 | POSITIVE | The high ADX value value for MFG.CA suggests a strong 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 |
|---|---|---|---|
| 5.57 | 5.12 | 0.45 (8.08%) | 12.38% |
| An entry @5.57. This is a Buy Stop order right above the resistance zone. | An exit @5.12. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.45 points, which is 8.08%. | For a 1.00% total portfolio risk, you can invest 12.38% 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:MFG (1/20/2026, 7:00:00 PM)
5.29
+0.1 (+1.93%)
MAYFAIR GOLD CORP / MFG.CA FAQ
What is the technical rating for MFG stock?
ChartMill assigns a technical rating of 10 / 10 to MFG.CA.
What is the current trend direction of MAYFAIR GOLD CORP (MFG.CA) stock?
The current trend direction for MAYFAIR GOLD CORP (MFG.CA) is Bullish.
Can you provide the RSI signal for MAYFAIR GOLD CORP?
MAYFAIR GOLD CORP (MFG.CA) has an RSI value of 67.5243. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MAYFAIR GOLD CORP?
The short term momentum for MAYFAIR GOLD CORP (MFG.CA) is positive.
What is the buy/sell signal for MFG stock?
The buy/sell signal for MAYFAIR GOLD CORP (MFG.CA) is buy as both the short term and long term trends are positive.