MAPLE GOLD MINES LTD (MGM.CA) Stock Technical Analysis
TSX-V:MGM - CA5651271077 - Common Stock
0.105 CAD
+0 (+5%)
We assign a technical rating of 6 out of 10 to MGM. MGM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
MGM 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 MGM is lagging the market slightly.
In the last month MGM has a been trading in the 0.07 - 0.12 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that MGM is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
MGM is an average performer in the Metals & Mining industry, it outperforms 55% of 806 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MGM has an average technical rating and it also 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.
More info and screens
0.05
0.11
2 important support areas can be observed.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MGM.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MGM.CA is up. |
| ChartMill Relative Strength | 76.11 | POSITIVE | MGM.CA has a high relative strength, it outperformed 76.11% 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) | 73.08 | OVERBOUGHT | The high RSI value suggests MGM.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MGM.CA has a positive trend. |
| Stochastics (14,3) | 79.17 | NEUTRAL | The Stochastics value for MGM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.55 | HIGH VOLATILITY | The high ATR as a percentage value for MGM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.49 | POSITIVE | The high ADX value value for MGM.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:MGM (8/22/2025, 7:00:00 PM)
0.105
+0 (+5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg5%
1 Week50%
2 Weeks40%
1 Month31.25%
3 Month16.67%
6 Month61.54%
12 Month31.25%
2 Year50%
3 Year-41.67%
5 Year-36.36%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%6.55%
ATR Inc250%
Range Today0.01
ADR(20)0.01
ADR(20)%5.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.11
Mansfield3.3
10 Day High0.12
10 Day Low0.07
20 Day High0.12
20 Day Low0.07
52 Week High0.12
52 Week Low0.05
CS1 End0.08
CR1 StartN/A
Volume & EV
DER(3)1.59%
DER(5)7.71%
Volume1.07M
Volume Incr261.44%
Vol(5)2.18M
Vol(50)743.51K