SAGEN MI CANADA INC - MICCN 5.4 PERP (MIC-PR-A.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:MIC-PR-A - CA7866883092
Taking everything into account, MIC-PR-A scores 3 out of 10 in our technical rating. MIC-PR-A was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
- 66% of all other stocks performed better in the past year than MIC-PR-A.
- Warning: MIC-PR-A has an average volume of 2649 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- MIC-PR-A is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month MIC-PR-A has a been trading in a tight range between 22.97 and 23.40.
- Considerably lower volume is observed in the last couple of days.
MIC-PR-A has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 22.97, a Stop Loss order could be placed below this zone.
More info and screens
20.74
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.67 to 22.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.19 from a horizontal line in the daily time frame.
- A support zone ranging from 20.95 to 21.00. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.19 to 23.91. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for MIC-PR-A.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MIC-PR-A.CA is neutral. |
| ChartMill Relative Strength | 34.72 | NEUTRAL | MIC-PR-A.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MIC-PR-A.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MIC-PR-A.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MIC-PR-A.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.98 | NEUTRAL | The RSI value for MIC-PR-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MIC-PR-A.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.45 | NEUTRAL | The Stochastics value for MIC-PR-A.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for MIC-PR-A.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 4.21 | NEGATIVE | The low ADX value for MIC-PR-A.CA suggests a weak or negative trend. |
SAGEN MI CANADA INC - MICCN 5.4 PERP
TSX:MIC-PR-A (1/23/2026, 7:00:00 PM)
23.15
-0.15 (-0.64%)
SAGEN MI CANADA INC - MICCN 5.4 PERP / MIC-PR-A.CA FAQ
What is the technical rating for MIC-PR-A stock?
ChartMill assigns a technical rating of 3 / 10 to MIC-PR-A.CA.
What is the current trend direction of SAGEN MI CANADA INC - MICCN 5.4 PERP (MIC-PR-A.CA) stock?
The current trend direction for SAGEN MI CANADA INC - MICCN 5.4 PERP (MIC-PR-A.CA) is Bullish.
What is the RSI signal for MIC-PR-A stock?
SAGEN MI CANADA INC - MICCN 5.4 PERP (MIC-PR-A.CA) has an RSI value of 47.9786. This indicates that the stock is currently neutral.
What is the short term momentum for SAGEN MI CANADA INC - MICCN 5.4 PERP (MIC-PR-A.CA) stock?
The short term momentum for SAGEN MI CANADA INC - MICCN 5.4 PERP (MIC-PR-A.CA) is neutral.