MINERAL HILL INDUSTRIES LTD (MHI.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:MHI - CA60283T2074 - Common Stock
We assign a technical rating of 8 out of 10 to MHI. MHI has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- Warning: MHI has an average volume of 26449 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- MHI 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 MHI is lagging the market slightly.
- In the last month MHI has a been trading in the 0.06 - 1.75 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, MHI did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- Considerably lower volume is observed in the last couple of days.
Although MHI 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
1.53
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 MHI.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MHI.CA is up. |
| ChartMill Relative Strength | 99.79 | POSITIVE | MHI.CA has a high relative strength, it outperformed 99.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MHI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MHI.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MHI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 81.64 | OVERBOUGHT | The high RSI value suggests MHI.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests MHI.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.51 | OVERBOUGHT | The high Stochastics value suggests MHI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 7.83 | HIGH VOLATILITY | The high ATR as a percentage value for MHI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 51.33 | POSITIVE | The high ADX value value for MHI.CA suggests a strong trend. |
TSX-V:MHI (1/28/2026, 7:00:00 PM)
1.55
-0.2 (-11.43%)
MINERAL HILL INDUSTRIES LTD / MHI.CA FAQ
What is the technical rating for MHI stock?
ChartMill assigns a technical rating of 8 / 10 to MHI.CA.
What is the current trend direction of MINERAL HILL INDUSTRIES LTD (MHI.CA) stock?
The current trend direction for MINERAL HILL INDUSTRIES LTD (MHI.CA) is Bearish.
What is the RSI signal for MHI stock?
MINERAL HILL INDUSTRIES LTD (MHI.CA) has an RSI value of 81.6439. This indicates that the stock is currently overbought.
What is the MACD signal for MHI stock?
The MACD indicator for MINERAL HILL INDUSTRIES LTD (MHI.CA) has a value of 0.11129, indicating a bearish trend.