MEGA URANIUM LTD (MGA.CA) Stock Technical Analysis
Canada - TSX:MGA - CA58516W1041 - Common Stock
We assign a technical rating of 6 out of 10 to MGA. MGA has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
MGA has an average technical rating and it also does not offer a high quality setup 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
0.26
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.37 to 0.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.28 from a trend line in the daily time frame.
- A support zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.26 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 MGA.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MGA.CA is neutral. |
| ChartMill Relative Strength | 75.78 | POSITIVE | MGA.CA has a high relative strength, it outperformed 75.78% 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) | 44.49 | 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) | 30.81 | NEUTRAL | The Stochastics value for MGA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.08 | HIGH VOLATILITY | The high ATR as a percentage value for MGA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.64 | POSITIVE | The high ADX value value for MGA.CA suggests a strong trend. |
TSX:MGA (11/6/2025, 7:00:00 PM)
0.38
-0.03 (-8.43%)
MEGA URANIUM LTD / MGA.CA FAQ
Can you provide the ChartMill technical rating for MEGA URANIUM LTD?
ChartMill assigns a technical rating of 6 / 10 to MGA.CA.
Can you provide the trend direction for MEGA URANIUM LTD?
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 44.4944. 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 -0.00500348, indicating a bearish trend.
Can you provide the support and resistance levels for MEGA URANIUM LTD?
MEGA URANIUM LTD (MGA.CA) has a support level at 0.37. Check the full technical report for our detailed analysis of MGA.CA support and resistance levels.