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MEGA URANIUM LTD (MGA.CA) Stock Technical Analysis

Canada - Toronto Stock Exchange - TSX:MGA - CA58516W1041 - Common Stock

0.58 CAD
0 (0%)
Last: 1/5/2026, 7:00:00 PM
Technical Rating and Analysis

10

Overall MGA gets a technical rating of 10 out of 10. 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.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MGA did better than 83% of all other stocks.
MGA is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 92% of 214 stocks in the same industry.
MGA is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MGA has a been trading in the 0.38 - 0.59 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.
Weekly and Daily overview Charts
MEGA URANIUM LTD / MGA Weekly stock chart
MEGA URANIUM LTD / MGA Daily stock chart
Setup Rating and Analysis

2

Although MGA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

0.26

0.59

3 important support areas can be observed.

  • Support @0.39 from a trend line in the daily time frame.
  • Support @0.38 from a trend line in the weekly time frame.
  • Support @0.26 from a horizontal line in the daily time frame.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for MGA.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for MGA.CA is up.
ChartMill Relative Strength83POSITIVEMGA.CA has a high relative strength, it outperformed 83% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of MGA.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of MGA.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of MGA.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)71.94OVERBOUGHTThe high RSI value suggests MGA.CA may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests MGA.CA has a positive trend.
Stochastics (14,3)90.08OVERBOUGHTThe high Stochastics value suggests MGA.CA may be overbought.
Average True Range in percent/ATR (20)6.23HIGH VOLATILITYThe high ATR as a percentage value for MGA.CA suggests high volalility.
Average Directional Index/ADX (14)30.01POSITIVEThe high ADX value value for MGA.CA suggests a strong trend.
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)
MEGA URANIUM LTD / MGA Daily stock chart

MEGA URANIUM LTD

TSX:MGA (1/5/2026, 7:00:00 PM)

0.58

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week19.59%
2 Weeks52.63%
1 Month45%
3 Month38.1%
6 Month114.82%
12 Month75.76%
2 Year23.4%
3 Year132%
5 Year231.43%
10 Year728.57%
15 Year-40.21%
Volatility
ATR(14)0.04
ATR(20)%6.23%
ATR Inc130.77%
Range Today0.05
ADR(20)0.03
ADR(20)%6.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83
3 months CRS90.36
6 months CRS91.41
Mansfield5.72
10 Day High0.59
10 Day Low0.39
20 Day High0.59
20 Day Low0.38
52 Week High0.59
52 Week Low0.23
CS1 End0.39
CR1 StartN/A
Volume & EV
DER(3)21.28%
DER(5)14.46%
Volume1.51M
Volume Incr7.42%
Vol(5)1.09M
Vol(50)863.08K

MEGA URANIUM LTD / MGA.CA 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.


What is the RSI signal for MEGA URANIUM LTD (MGA.CA) stock?

MEGA URANIUM LTD (MGA.CA) has an RSI value of 71.9441. This indicates that the stock is currently overbought.


What is the short term momentum for MGA stock?

The short term momentum for MEGA URANIUM LTD (MGA.CA) is positive.


Can you provide the buy/sell signal for MEGA URANIUM LTD?

The buy/sell signal for MEGA URANIUM LTD (MGA.CA) is buy as both the short term and long term trends are positive.