MAGMA SILVER CORP (MGMA.CA) Technical Analysis
TSX-V:MGMA • CA5589221004
Current stock price
MGMA.CA Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to MGMA. MGMA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, MGMA is a bad performer in the overall market: 90% of all stocks are doing better.
- MGMA is part of the Metals & Mining industry. There are 801 other stocks in this industry, of which 84% are performing better than MGMA.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- MGMA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MGMA is lagging the market.
- In the last month MGMA has a been trading in the 0.16 - 0.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
MGMA.CA Weekly and Daily overview Charts
MGMA.CA Setup Rating and Analysis
MGMA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.18, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MGMA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
MGMA.CA Support and Resistance Analysis
0.17
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.17 from a horizontal line in the daily time frame.
MGMA.CA Technical Indicator Signal Analysis
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 MGMA.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MGMA.CA is down. |
| ChartMill Relative Strength | 10.23 | NEGATIVE | MGMA.CA has a low relative strength, it was outperformed by 89.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MGMA.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MGMA.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MGMA.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.85 | NEUTRAL | The RSI value for MGMA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MGMA.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.44 | NEUTRAL | The Stochastics value for MGMA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.38 | HIGH VOLATILITY | The high ATR as a percentage value for MGMA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.56 | NEGATIVE | The low ADX value for MGMA.CA suggests a weak or negative trend. |
MGMA.CA Chart- and CandleStick Pattern Analysis
MGMA.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:MGMA (4/24/2026, 7:00:00 PM)
0.2
0 (0%)
MAGMA SILVER CORP / MGMA.CA TA FAQ
Can you provide the ChartMill technical rating for MAGMA SILVER CORP?
ChartMill assigns a technical rating of 1 / 10 to MGMA.CA.
What is the current trend direction of MAGMA SILVER CORP (MGMA.CA) stock?
The current trend direction for MAGMA SILVER CORP (MGMA.CA) is Bearish.
Can you provide the RSI signal for MAGMA SILVER CORP?
MAGMA SILVER CORP (MGMA.CA) has an RSI value of 44.8512. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MAGMA SILVER CORP?
The MACD indicator for MAGMA SILVER CORP (MGMA.CA) has a value of 0.00235385, indicating a bearish trend.
Can you provide the short term momentum for MAGMA SILVER CORP?
The short term momentum for MAGMA SILVER CORP (MGMA.CA) is negative.