MEGA URANIUM LTD (MGA.CA) Technical Analysis
TSX:MGA • CA58516W1041
Current stock price
MGA.CA Technical Rating and Analysis
Taking everything into account, MGA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MGA is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, MGA did better than 89% of all other stocks. On top of that, MGA also shows a nice and consistent pattern of rising prices.
- MGA is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 81% of 206 stocks in the same industry.
- MGA 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 MGA is lagging the market slightly.
- In the last month MGA has a been trading in the 0.52 - 0.80 range, which is quite wide. It is currently trading near the high of this range.
- MGA has an average volume of 1069270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
MGA.CA Weekly and Daily overview Charts
MGA.CA Setup Rating and Analysis
Although MGA has an excellent technical rating, it does not present a decent entry opportunity 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
MGA.CA Support and Resistance Analysis
0.43
When analyzing the support we can see 5 important areas.
- A support zone ranging from 0.70 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.59 from a trend line in the weekly time frame.
- Support @0.50 from a trend line in the daily time frame.
- Support @0.43 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for MGA.CA is up. |
| ChartMill Relative Strength | 89.22 | POSITIVE | MGA.CA has a high relative strength, it outperformed 89.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MGA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MGA.CA is above 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) | 56.68 | NEUTRAL | The RSI value for MGA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MGA.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.6 | NEUTRAL | The Stochastics value for MGA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.87 | HIGH VOLATILITY | The high ATR as a percentage value for MGA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.48 | POSITIVE | The high ADX value value for MGA.CA suggests a strong trend. |
MGA.CA Chart- and CandleStick Pattern Analysis
MGA.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:MGA (4/21/2026, 7:00:00 PM)
0.71
-0.05 (-6.58%)
MEGA URANIUM LTD / MGA.CA TA FAQ
Can you provide the ChartMill technical rating for MEGA URANIUM LTD?
ChartMill assigns a technical rating of 10 / 10 to MGA.CA.
What is the trend direction for MGA stock?
The current trend direction for MEGA URANIUM LTD (MGA.CA) is Bullish.
Can you provide the RSI signal for MEGA URANIUM LTD?
MEGA URANIUM LTD (MGA.CA) has an RSI value of 56.6763. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MEGA URANIUM LTD?
The MACD indicator for MEGA URANIUM LTD (MGA.CA) has a value of 0.0155708, indicating a bearish trend.
What is the short term momentum for MGA stock?
The short term momentum for MEGA URANIUM LTD (MGA.CA) is positive.