MAJESTIC GOLD CORP (MJS.CA) Technical Analysis
TSX-V:MJS • CA5609121077
We assign a technical rating of 2 out of 10 to MJS. MJS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- MJS is one of the lesser performing stocks in the Metals & Mining industry. 64% of 815 stocks in the same industry do better.
- In the last month MJS has a been trading in the 0.15 - 0.19 range, which is quite wide. It is currently trading near the lows of this range.
- MJS has an average volume of 1453690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that MJS is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- MJS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MJS is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
MJS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.16, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MJS 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
0.15
We found 2 important support areas.
- Support @0.16 from a trend line in the daily time frame.
- A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for MJS.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MJS.CA is down. |
| ChartMill Relative Strength | 70.87 | POSITIVE | MJS.CA has a high relative strength, it outperformed 70.87% 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 | MIXED | The current price of MJS.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.67 | 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. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for MJS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.56 | HIGH VOLATILITY | The high ATR as a percentage value for MJS.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.05 | NEGATIVE | The low ADX value for MJS.CA suggests a weak or negative trend. |
MJS.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:MJS (3/12/2026, 7:00:00 PM)
0.16
-0.01 (-5.88%)
MAJESTIC GOLD CORP / MJS.CA FAQ
What is the technical rating for MJS stock?
ChartMill assigns a technical rating of 2 / 10 to MJS.CA.
What is the trend direction for MJS stock?
The current trend direction for MAJESTIC GOLD CORP (MJS.CA) is Bearish.
What is the RSI signal for MAJESTIC GOLD CORP (MJS.CA) stock?
MAJESTIC GOLD CORP (MJS.CA) has an RSI value of 40.6702. This indicates that the stock is currently neutral.
What is the short term momentum for MJS stock?
The short term momentum for MAJESTIC GOLD CORP (MJS.CA) is negative.