MAPLE GOLD MINES LTD (MGM.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:MGM - CA5651276027 - Common Stock
Taking everything into account, MGM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MGM is showing a nice and steady performance.
Although MGM 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
1.36
3 important support areas can be observed.
- A support zone ranging from 1.48 to 1.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.44 to 1.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.37 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 MGM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MGM.CA is up. |
| ChartMill Relative Strength | 93.88 | POSITIVE | MGM.CA has a high relative strength, it outperformed 93.88% 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) | 62.21 | NEUTRAL | The RSI value for MGM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MGM.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.58 | OVERBOUGHT | The high Stochastics value suggests MGM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for MGM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.74 | NEUTRAL | The ADX value for MGM.CA suggests a possible start of a new trend. |
TSX-V:MGM (12/5/2025, 7:00:00 PM)
1.75
-0.04 (-2.23%)
MAPLE GOLD MINES LTD / MGM.CA FAQ
What is the ChartMill technical rating of MAPLE GOLD MINES LTD (MGM.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to MGM.CA.
What is the trend direction for MGM stock?
The current trend direction for MAPLE GOLD MINES LTD (MGM.CA) is Bullish.
What is the RSI signal for MGM stock?
MAPLE GOLD MINES LTD (MGM.CA) has an RSI value of 62.2057. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MAPLE GOLD MINES LTD?
The short term momentum for MAPLE GOLD MINES LTD (MGM.CA) is positive.
What is the buy/sell signal for MGM stock?
The buy/sell signal for MAPLE GOLD MINES LTD (MGM.CA) is buy as both the short term and long term trends are positive.