MAYFAIR GOLD CORP (MFG.CA) Stock Technical Analysis
TSX-V:MFG - CA57808L1076 - Common Stock
1.67 CAD
-0.03 (-1.76%)
We assign a technical rating of 2 out of 10 to MFG. Recently some decent action could be observed, but in the medium term time frame this is still negative. MFG was also a bad performer in the overall market in the last year.
80% of all other stocks performed better in the past year than MFG.
MFG is part of the Metals & Mining industry. There are 791 other stocks in this industry, of which 68% are performing better than MFG.
MFG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month MFG has a been trading in a tight range between 1.61 and 1.70.
Although the technical rating is bad, MFG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.67, a Stop Loss order could be placed below this zone. 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
1.57
1.94
2 important support areas can be observed.
- A support zone ranging from 1.62 to 1.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.59 to 1.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 1.67 to 1.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.72 from a trend line in the weekly time frame.
- Resistance @1.76 from a trend line in the daily time frame.
- A resistance zone ranging from 1.81 to 1.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.92 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 | DOWN | NEGATIVE | The long term trend for MFG.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MFG.CA is up. |
| ChartMill Relative Strength | 20.81 | NEGATIVE | MFG.CA has a low relative strength, it was outperformed by 79.19% 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) | DOWN | NEGATIVE | The current price of MFG.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MFG.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.86 | NEUTRAL | The RSI value for MFG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MFG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.48 | OVERBOUGHT | The high Stochastics value suggests MFG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for MFG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 9.43 | NEGATIVE | The low ADX value for MFG.CA suggests a weak or negative trend. |
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)
TSX-V:MFG (8/28/2025, 7:00:00 PM)
1.67
-0.03 (-1.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.76%
1 Week3.73%
2 Weeks0.6%
1 Month1.21%
3 Month-1.76%
6 Month-4.57%
12 Month-2.34%
2 Year-15.66%
3 Year38.02%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%2.22%
ATR Inc-30%
Range Today0.01
ADR(20)0.03
ADR(20)%1.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.81
Mansfield-1.52
10 Day High1.7
10 Day Low1.61
20 Day High1.7
20 Day Low1.61
52 Week High2.4
52 Week Low1.5
CS1 End1.67
CR1 Start1.67
Volume & EV
DER(3)-0.76%
DER(5)-1.47%
Volume41.61K
Volume Incr84.23%
Vol(5)50.25K
Vol(50)49.47K