MINAURUM SILVER INC (MGG.CA) Stock Technical Analysis
TSX-V:MGG • CA60252Q1019
We assign a technical rating of 8 out of 10 to MGG. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, MGG did better than 87% of all other stocks.
- MGG 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 MGG is lagging the market slightly.
- MGG has an average volume of 1814910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- MGG is an average performer in the Metals & Mining industry, it outperforms 64% of 800 stocks in the same industry.
- In the last month MGG has a been trading in the 0.42 - 0.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MGG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.35
We found 4 important support areas.
- Support @0.47 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.45 from a trend line in the daily time frame.
- Support @0.35 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @0.55 from a trend 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 MGG.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MGG.CA is neutral. |
| ChartMill Relative Strength | 87.23 | POSITIVE | MGG.CA has a high relative strength, it outperformed 87.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MGG.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MGG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MGG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.39 | NEUTRAL | The RSI value for MGG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MGG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.11 | NEUTRAL | The Stochastics value for MGG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.93 | HIGH VOLATILITY | The high ATR as a percentage value for MGG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.16 | NEGATIVE | The low ADX value for MGG.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 0.56 | 0.46 | 0.10 (17.86%) | 5.60% |
| An entry @0.56. This is a Buy Stop order right above the resistance zone. | An exit @0.46. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.10 points, which is 17.86%. | For a 1.00% total portfolio risk, you can invest 5.60% of your capital in this trade. |
- 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.
TSX-V:MGG (2/20/2026, 7:00:00 PM)
0.53
+0.06 (+12.77%)
MINAURUM SILVER INC / MGG.CA FAQ
Can you provide the ChartMill technical rating for MINAURUM SILVER INC?
ChartMill assigns a technical rating of 8 / 10 to MGG.CA.
What is the current trend direction of MINAURUM SILVER INC (MGG.CA) stock?
The current trend direction for MINAURUM SILVER INC (MGG.CA) is Bullish.
Can you provide the RSI signal for MINAURUM SILVER INC?
MINAURUM SILVER INC (MGG.CA) has an RSI value of 53.3924. This indicates that the stock is currently neutral.
What is the MACD signal for MGG stock?
The MACD indicator for MINAURUM SILVER INC (MGG.CA) has a value of -0.00571642, indicating a bearish trend.