MAKO MINING CORP (MKO.CA) Stock Technical Analysis
Canada - TSX-V:MKO - CA56089A4000 - Common Stock
6.59 CAD
+0.02 (+0.3%)
Overall MKO gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MKO is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MKO did better than 88% of all other stocks. On top of that, MKO also shows a nice and consistent pattern of rising prices.
MKO is one of the better performing stocks in the Metals & Mining industry, it outperforms 72% of 807 stocks in the same industry.
MKO is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
MKO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, MKO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 6.58, 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.
- 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
3.35
6.70
7 important support areas can be observed.
- A support zone ranging from 6.50 to 6.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.72 to 5.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.50 from a trend line in the weekly time frame.
- Support @5.38 from a trend line in the daily time frame.
- Support @5.17 from a horizontal line in the daily time frame.
- Support @5.06 from a horizontal line in the daily time frame.
- Support @3.38 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.63 to 6.63. This zone is formed by a combination of multiple trend lines 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 MKO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MKO.CA is up. |
| ChartMill Relative Strength | 88.84 | POSITIVE | MKO.CA has a high relative strength, it outperformed 88.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MKO.CA is above 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) | 64.7 | NEUTRAL | The RSI value for MKO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MKO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.25 | OVERBOUGHT | The high Stochastics value suggests MKO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for MKO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 38.76 | POSITIVE | The high ADX value value for MKO.CA suggests a strong 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 |
|---|---|---|---|
| 6.64 | 6.49 | 0.15 (2.26%) | 25.00% |
| An entry @6.64. This is a Buy Stop order right above the resistance zone. | An exit @6.49. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.15 points, which is 2.26%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.56%. |
- 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 (9/12/2025, 7:00:00 PM)
6.59
+0.02 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.3%
1 Week-0.45%
2 Weeks9.83%
1 Month10.94%
3 Month24.34%
6 Month65.58%
12 Month121.14%
2 Year388.15%
3 Year237.95%
5 Year58.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%2.95%
ATR Inc-15.52%
Range Today0.2
ADR(20)0.19
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.84
Mansfield4.1
10 Day High6.78
10 Day Low6
20 Day High6.78
20 Day Low5.75
52 Week High6.78
52 Week Low2.72
CS1 End6.58
CR1 Start6.63
Volume & EV
DER(3)1.31%
DER(5)3.08%
Volume83.27K
Volume Incr-28.1%
Vol(5)71.51K
Vol(50)87.58K