Canada - Toronto Stock Exchange - TSX:MGA - CA58516W1041 - Common Stock
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.
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.
0.26
3 important support areas can be observed.
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 | 83 | POSITIVE | MGA.CA has a high relative strength, it outperformed 83% 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) | 71.94 | OVERBOUGHT | The high RSI value suggests MGA.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MGA.CA has a positive trend. |
| Stochastics (14,3) | 90.08 | OVERBOUGHT | The high Stochastics value suggests MGA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.23 | HIGH VOLATILITY | The high ATR as a percentage value for MGA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.01 | POSITIVE | The high ADX value value for MGA.CA suggests a strong trend. |
TSX:MGA (1/5/2026, 7:00:00 PM)
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0 (0%)
ChartMill assigns a technical rating of 10 / 10 to MGA.CA.
The current trend direction for MEGA URANIUM LTD (MGA.CA) is Bullish.
MEGA URANIUM LTD (MGA.CA) has an RSI value of 71.9441. This indicates that the stock is currently overbought.
The short term momentum for MEGA URANIUM LTD (MGA.CA) is positive.
The buy/sell signal for MEGA URANIUM LTD (MGA.CA) is buy as both the short term and long term trends are positive.