MINAURUM GOLD INC (MGG.CA) Stock Technical Analysis
Canada - TSX-V:MGG - CA60252Q1019 - Common Stock
We assign a technical rating of 7 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.
Although MGG has an excellent technical rating, it 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
0.27
When analyzing the support we can see 2 important areas.
- Support @0.28 from a trend line in the daily time frame.
- Support @0.27 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 MGG.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MGG.CA is neutral. |
| ChartMill Relative Strength | 80.93 | POSITIVE | MGG.CA has a high relative strength, it outperformed 80.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MGG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MGG.CA is below 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) | 44.79 | NEUTRAL | The RSI value for MGG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MGG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.43 | NEUTRAL | The Stochastics value for MGG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.6 | HIGH VOLATILITY | The high ATR as a percentage value for MGG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.36 | NEGATIVE | The low ADX value for MGG.CA suggests a weak or negative trend. |
TSX-V:MGG (11/10/2025, 7:00:00 PM)
0.31
+0.01 (+3.33%)
MINAURUM GOLD INC / MGG.CA FAQ
What is the technical rating for MGG stock?
ChartMill assigns a technical rating of 7 / 10 to MGG.CA.
Can you provide the trend direction for MINAURUM GOLD INC?
The current trend direction for MINAURUM GOLD INC (MGG.CA) is Bullish.
Can you provide the RSI signal for MINAURUM GOLD INC?
MINAURUM GOLD INC (MGG.CA) has an RSI value of 44.7866. This indicates that the stock is currently neutral.
What is the MACD signal for MINAURUM GOLD INC (MGG.CA) stock?
The MACD indicator for MINAURUM GOLD INC (MGG.CA) has a value of -0.00179258, indicating a bearish trend.