MKANGO RESOURCES LTD (MKA.CA) Technical Analysis
TSX-V:MKA • CA60686A4090
Current stock price
MKA.CA Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to MKA. Although MKA has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- MKA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- When comparing the yearly performance of all stocks, we notice that MKA is one of the better performing stocks in the market, outperforming 88% of all stocks.
- MKA is one of the better performing stocks in the Metals & Mining industry, it outperforms 74% of 801 stocks in the same industry.
- In the last month MKA has a been trading in the 0.58 - 0.92 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MKA.CA Weekly and Daily overview Charts
MKA.CA Setup Rating and Analysis
MKA has an average technical rating and it also 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
MKA.CA Support and Resistance Analysis
0.60
We found 3 important support areas.
- Support @0.68 from a trend line in the weekly time frame.
- Support @0.63 from a trend line in the daily time frame.
- Support @0.61 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.91 to 0.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.04 from a trend line in the weekly time frame.
MKA.CA 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for MKA.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MKA.CA is up. |
| ChartMill Relative Strength | 88.71 | POSITIVE | MKA.CA has a high relative strength, it outperformed 88.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MKA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MKA.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MKA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.23 | NEUTRAL | The RSI value for MKA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MKA.CA has a positive trend. |
| Stochastics (14,3) | 94.91 | OVERBOUGHT | The high Stochastics value suggests MKA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.83 | HIGH VOLATILITY | The high ATR as a percentage value for MKA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.28 | NEUTRAL | The ADX value for MKA.CA suggests a possible start of a new trend. |
MKA.CA Chart- and CandleStick Pattern Analysis
MKA.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:MKA (4/23/2026, 7:00:00 PM)
0.9
+0.01 (+1.12%)
MKANGO RESOURCES LTD / MKA.CA TA FAQ
What is the technical rating for MKA stock?
ChartMill assigns a technical rating of 6 / 10 to MKA.CA.
What is the trend direction for MKA stock?
The current trend direction for MKANGO RESOURCES LTD (MKA.CA) is Bearish.
Can you provide the RSI signal for MKANGO RESOURCES LTD?
MKANGO RESOURCES LTD (MKA.CA) has an RSI value of 62.226. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MKANGO RESOURCES LTD?
The short term momentum for MKANGO RESOURCES LTD (MKA.CA) is positive.