MAKO MINING CORP (MKO.CA) Stock Technical Analysis
TSX-V:MKO - TSX Venture Exchange - CA56089A4000 - Common Stock - Currency: CAD
Overall MKO gets a technical rating of 9 out of 10. Both in the recent history as in the last year, MKO has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that MKO is one of the better performing stocks in the market, outperforming 82% of all stocks.
MKO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MKO is lagging the market slightly.
In the last month MKO has a been trading in the 5.04 - 5.57 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MKO is an average performer in the Metals & Mining industry, it outperforms 64% of 805 stocks in the same industry.
MKO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 5.06, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MKO in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.80
5.24
6 important support areas can be observed.
- A support zone ranging from 5.05 to 5.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.91 to 4.93. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @4.82 from a trend line in the daily time frame.
- Support @4.53 from a trend line in the daily time frame.
- Support @3.46 from a trend line in the weekly time frame.
- Support @2.83 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for MKO.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MKO.CA is neutral. |
| ChartMill Relative Strength | 82.03 | POSITIVE | MKO.CA has a high relative strength, it outperformed 82.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MKO.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MKO.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MKO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.64 | NEUTRAL | The RSI value for MKO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MKO.CA has a negative trend. |
| Stochastics (14,3) | 35.85 | NEUTRAL | The Stochastics value for MKO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for MKO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.9 | NEUTRAL | The ADX value for MKO.CA suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.25 | 5.04 | 0.21 (4.02%) | 24.89% |
| An entry @5.25. This is a Buy Stop order right above the 10 day moving average. | An exit @5.04. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.21 points, which is 4.02%. | For a 1.00% total portfolio risk, you can invest 24.89% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MKO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:MKO (7/18/2025, 7:00:00 PM)
5.19
-0.04 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.76%
1 Week-2.63%
2 Weeks1.76%
1 Month0.58%
3 Month14.07%
6 Month59.69%
12 Month54.01%
2 Year278.83%
3 Year107.6%
5 Year3.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%2.87%
ATR Inc-2.78%
Range Today0.13
ADR(20)0.14
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.03
Mansfield2.6
10 Day High5.57
10 Day Low5.05
20 Day High5.57
20 Day Low5.04
52 Week High5.57
52 Week Low2.66
CS1 End5.06
CR1 StartN/A
Volume & EV
DER(3)11.48%
DER(5)10.46%
Volume50.90K
Volume Incr61.09%
Vol(5)96.84K
Vol(50)77.00K