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MKANGO RESOURCES LTD (MKA.CA) Stock Technical Analysis

Canada - TSX-V:MKA - CA60686A4090 - Common Stock

1.24 CAD
-1.77 (-58.8%)
Last: 10/24/2025, 7:00:00 PM
Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to MKA. Both in the recent history as in the last year, MKA has proven to be a steady performer, scoring decent points in every aspect analyzed.

In the last month MKA has a been trading in the 0.80 - 3.01 range, which is quite wide. It is currently trading near the lows of this range.
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!
When comparing the yearly performance of all stocks, we notice that MKA is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, MKA also shows a nice and consistent pattern of rising prices.
MKA is part of the Metals & Mining industry. There are 805 other stocks in this industry. MKA outperforms 98% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
MKA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MKA is lagging the market.

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Weekly and Daily overview Charts
MKANGO RESOURCES LTD / MKA Weekly stock chart
MKANGO RESOURCES LTD / MKA Daily stock chart
Setup Rating and Analysis

3

Although MKA 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.

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Support and Resistance Analysis

0.66

1.25

When analyzing the support we can see 3 important areas.

  • Support @0.76 from a trend line in the daily time frame.
  • Support @0.73 from a trend line in the weekly time frame.
  • Support @0.67 from a trend line in the daily time frame.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for MKA.CA is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for MKA.CA is neutral.
ChartMill Relative Strength99.33POSITIVEMKA.CA has a high relative strength, it outperformed 99.33% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of MKA.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of MKA.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of MKA.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)51.43NEUTRALThe RSI value for MKA.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.07POSITIVEThe MACD value suggests MKA.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)40.85NEUTRALThe Stochastics value for MKA.CA is a neutral value.
Average True Range in percent/ATR (20)26.85HIGH VOLATILITYThe high ATR as a percentage value for MKA.CA suggests high volalility.
Average Directional Index/ADX (14)46.06POSITIVEThe high ADX value value for MKA.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)

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MKANGO RESOURCES LTD / MKA Daily stock chart

MKANGO RESOURCES LTD

TSX-V:MKA (10/24/2025, 7:00:00 PM)

1.24

-1.77 (-58.8%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-58.8%
1 Week15.89%
2 Weeks26.53%
1 Month47.62%
3 Month125.46%
6 Month264.71%
12 Month978.26%
2 Year818.52%
3 Year490.48%
5 Year726.67%
10 Year1553.33%
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%26.85%
ATR Inc1236.36%
Range Today0.34
ADR(20)0.23
ADR(20)%18.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.33
3 months CRS96.56
6 months CRS97.86
Mansfield18.1
10 Day High3.01
10 Day Low0.87
20 Day High3.01
20 Day Low0.8
52 Week High3.01
52 Week Low0.09
CS1 End0.76
CR1 StartN/A
Volume & EV
DER(3)-2.02%
DER(5)-3.65%
Volume907.79K
Volume Incr70.45%
Vol(5)466.14K
Vol(50)190.94K

MKANGO RESOURCES LTD / MKA.CA FAQ

What is the technical rating for MKA stock?

ChartMill assigns a technical rating of 10 / 10 to MKA.CA.


Can you provide the trend direction for MKANGO RESOURCES LTD?

The current trend direction for MKANGO RESOURCES LTD (MKA.CA) is Bullish.


What is the RSI signal for MKANGO RESOURCES LTD (MKA.CA) stock?

MKANGO RESOURCES LTD (MKA.CA) has an RSI value of 51.4287. This indicates that the stock is currently neutral.


What is the MACD signal for MKANGO RESOURCES LTD (MKA.CA) stock?

The MACD indicator for MKANGO RESOURCES LTD (MKA.CA) has a value of 0.0672205, indicating a bearish trend.


What is the short term momentum for MKA stock?

The short term momentum for MKANGO RESOURCES LTD (MKA.CA) is neutral.