MAPLE GOLD MINES LTD (MGM.CA) Stock Technical Analysis
TSX-V:MGM • CA5651276027
Taking everything into account, MGM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MGM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, MGM did better than 95% of all other stocks. We also observe that the gains produced by MGM over the past year are nicely spread over this period.
- MGM is part of the Metals & Mining industry. There are 802 other stocks in this industry. MGM outperforms 88% of them.
- A new 52 week high is currently being made by MGM, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month MGM has a been trading in the 2.26 - 3.18 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MGM has an excellent technical rating, it does not present a decent entry opportunity 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
2.05
2 important support areas can be observed.
- Support @2.30 from a trend line in the daily time frame.
- Support @2.07 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 MGM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MGM.CA is up. |
| ChartMill Relative Strength | 95.76 | POSITIVE | MGM.CA has a high relative strength, it outperformed 95.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MGM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MGM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MGM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.86 | NEUTRAL | The RSI value for MGM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MGM.CA has a positive trend. |
| Stochastics (14,3) | 90.41 | OVERBOUGHT | The high Stochastics value suggests MGM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.79 | HIGH VOLATILITY | The high ATR as a percentage value for MGM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.1 | POSITIVE | The high ADX value value for MGM.CA suggests a strong trend. |
TSX-V:MGM (2/26/2026, 7:00:00 PM)
3
+0.05 (+1.69%)
MAPLE GOLD MINES LTD / MGM.CA FAQ
What is the technical rating for MGM stock?
ChartMill assigns a technical rating of 10 / 10 to MGM.CA.
Can you provide the trend direction for MAPLE GOLD MINES LTD?
The current trend direction for MAPLE GOLD MINES LTD (MGM.CA) is Bullish.
Can you provide the RSI signal for MAPLE GOLD MINES LTD?
MAPLE GOLD MINES LTD (MGM.CA) has an RSI value of 66.856. This indicates that the stock is currently neutral.
What is the short term momentum for MAPLE GOLD MINES LTD (MGM.CA) stock?
The short term momentum for MAPLE GOLD MINES LTD (MGM.CA) is positive.
What are the support and resistance levels for MAPLE GOLD MINES LTD (MGM.CA) stock?
MAPLE GOLD MINES LTD (MGM.CA) has a support level at 2.3. Check the full technical report for our detailed analysis of MGM.CA support and resistance levels.