MAJESTIC GOLD CORP (MJS.CA) Stock Technical Analysis
TSX-V:MJS - TSX Venture Exchange - CA5609121077 - Common Stock - Currency: CAD
Overall MJS gets a technical rating of 7 out of 10. In the last year, MJS was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month MJS has a been trading in the 0.14 - 0.18 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, MJS did better than 92% of all other stocks. On top of that, MJS also shows a nice and consistent pattern of rising prices.
MJS is part of the Metals & Mining industry. There are 797 other stocks in this industry. MJS outperforms 82% of them.
MJS has an average volume of 1285330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
MJS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MJS is lagging the market.
Although MJS 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
0.09
0.16
3 important support areas can be observed.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.10 from a trend line in the daily time frame.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.16 to 0.16. 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 MJS.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MJS.CA is down. |
| ChartMill Relative Strength | 92.7 | POSITIVE | MJS.CA has a high relative strength, it outperformed 92.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MJS.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MJS.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MJS.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.78 | NEUTRAL | The RSI value for MJS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MJS.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.22 | NEUTRAL | The Stochastics value for MJS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.83 | MEDIUM VOLATILITY | The ATR as a percentage value for MJS.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.53 | NEGATIVE | The low ADX value for MJS.CA suggests a weak or negative 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:MJS (8/5/2025, 7:00:00 PM)
0.15
+0.01 (+7.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg7.14%
1 Week3.45%
2 Weeks0%
1 Month-11.76%
3 Month11.11%
6 Month76.47%
12 Month150%
2 Year114.29%
3 Year150%
5 Year114.29%
10 Year200%
15 Year7.14%
Volatility
ATR(14)0.01
ATR(20)%4.83%
ATR Inc16.67%
Range Today0.01
ADR(20)0.01
ADR(20)%4.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.7
Mansfield3.64
10 Day High0.16
10 Day Low0.14
20 Day High0.18
20 Day Low0.14
52 Week High0.2
52 Week Low0.06
CS1 End0.14
CR1 Start0.16
Volume & EV
DER(3)-9.34%
DER(5)-13.33%
Volume1.32M
Volume Incr9.13%
Vol(5)1.23M
Vol(50)1.29M