Canada - TSX-V:MGG - CA60252Q1019 - Common Stock
Overall MGG gets a technical rating of 2 out of 10. MGG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
MGG has a poor technical rating and the quality of the setup is also only medium 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.
0.27
When analyzing the support we can see 2 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for MGG.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MGG.CA is down. |
| ChartMill Relative Strength | 76.73 | POSITIVE | MGG.CA has a high relative strength, it outperformed 76.73% 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) | 41.98 | 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) | 17.76 | OVERSOLD | The low Stochastics value suggests MGG.CA may be oversold. |
| Average True Range in percent/ATR (20) | 9.67 | HIGH VOLATILITY | The high ATR as a percentage value for MGG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.62 | NEUTRAL | The ADX value for MGG.CA suggests a possible start of a new trend. |
TSX-V:MGG (11/7/2025, 7:00:00 PM)
0.3
+0.02 (+5.26%)
ChartMill assigns a technical rating of 2 / 10 to MGG.CA.
The current trend direction for MINAURUM GOLD INC (MGG.CA) is Bearish.
MINAURUM GOLD INC (MGG.CA) has an RSI value of 41.9794. This indicates that the stock is currently neutral.
The MACD indicator for MINAURUM GOLD INC (MGG.CA) has a value of -0.0040659, indicating a bearish trend.