MEGA URANIUM LTD (MGA.CA) Technical Analysis
TSX:MGA • CA58516W1041
Current stock price
0.61 CAD
-0.04 (-6.15%)
Last:
MGA.CA Technical Rating and Analysis
Taking everything into account, MGA scores 9 out of 10 in our technical rating. In the last year, MGA was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that MGA is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by MGA over the past year are nicely spread over this period.
- MGA is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 87% of 212 stocks in the same industry.
- MGA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MGA is performing more or less in line with the market.
- MGA has an average volume of 1255090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month MGA has a been trading in the 0.57 - 0.74 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.
MGA.CA Weekly and Daily overview Charts
MGA.CA Setup Rating and Analysis
Besides having an excellent technical rating, MGA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for MGA 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
MGA.CA Support and Resistance Analysis
0.41
0.69
4 important support areas can be observed.
- Support @0.58 from a horizontal line in the weekly time frame.
- Support @0.55 from a horizontal line in the daily time frame.
- Support @0.46 from a trend line in the daily time frame.
- Support @0.41 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.65 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
MGA.CA Technical Indicator Signal Analysis
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 MGA.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MGA.CA is neutral. |
| ChartMill Relative Strength | 88.42 | POSITIVE | MGA.CA has a high relative strength, it outperformed 88.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MGA.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MGA.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MGA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.94 | NEUTRAL | The RSI value for MGA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MGA.CA has a negative trend. |
| Stochastics (14,3) | 41.18 | NEUTRAL | The Stochastics value for MGA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.62 | HIGH VOLATILITY | The high ATR as a percentage value for MGA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.4 | NEGATIVE | The low ADX value for MGA.CA suggests a weak or negative trend. |
MGA.CA Chart- and CandleStick Pattern Analysis
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)
MGA.CA Example Setup
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 |
|---|---|---|---|
| 0.66 | 0.57 | 0.09 (13.24%) | 7.55% |
| An entry @0.66. This is a Buy Stop order right above the 10 day moving average. | An exit @0.57. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.09 points, which is 13.24%. | When investing 7.55% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
MGA.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:MGA (3/13/2026, 7:00:00 PM)
0.61
-0.04 (-6.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-6.15%
1 Week0%
2 Weeks-8.96%
1 Month0%
3 Month45.24%
6 Month84.85%
12 Month134.62%
2 Year76.81%
3 Year212.82%
5 Year229.73%
10 Year369.23%
15 Year3.39%
Volatility
ATR(14)0.05
ATR(20)%7.62%
ATR Inc-14.5%
Range Today0.04
ADR(20)0.05
ADR(20)%7.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.42
3 months CRS90.3
6 months CRS90.4
Mansfield5.01
10 Day High0.74
10 Day Low0.57
20 Day High0.74
20 Day Low0.57
52 Week High0.78
52 Week Low0.23
CS1 End0.58
CR1 Start0.65
Volume & EV
DER(3)29.95%
DER(5)17.31%
Volume914.92K
Volume Incr-16.21%
Vol(5)807.50K
Vol(50)1.26M
MEGA URANIUM LTD / MGA.CA TA FAQ
Can you provide the ChartMill technical rating for MEGA URANIUM LTD?
ChartMill assigns a technical rating of 9 / 10 to MGA.CA.
What is the trend direction for MGA stock?
The current trend direction for MEGA URANIUM LTD (MGA.CA) is Bullish.
What is the RSI signal for MEGA URANIUM LTD (MGA.CA) stock?
MEGA URANIUM LTD (MGA.CA) has an RSI value of 44.9429. This indicates that the stock is currently neutral.
What is the short term momentum for MGA stock?
The short term momentum for MEGA URANIUM LTD (MGA.CA) is neutral.