MCAN MORTGAGE CORP (MKP.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:MKP - CA5791761086 - Common Stock
Taking everything into account, MKP scores 5 out of 10 in our technical rating. In the last year, MKP was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- 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!
- MKP is part of the Financial Services industry. There are 28 other stocks in this industry. MKP outperforms 81% of them.
- MKP 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 MKP is lagging the market slightly.
- When comparing the performance of all stocks over the past year, MKP turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
- In the last month MKP has a been trading in a tight range between 21.80 and 22.75.
Although the technical rating is only medium, MKP does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 22.19, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
18.57
5 important support areas can be observed.
- A support zone ranging from 22.09 to 22.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.52 from a horizontal line in the daily time frame.
- Support @21.09 from a trend line in the daily time frame.
- A support zone ranging from 20.43 to 20.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.76 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.01 to 23.30. 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 MKP.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MKP.CA is neutral. |
| ChartMill Relative Strength | 57.78 | NEUTRAL | MKP.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MKP.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MKP.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MKP.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.34 | NEUTRAL | The RSI value for MKP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MKP.CA has a negative trend. |
| Stochastics (14,3) | 40.74 | NEUTRAL | The Stochastics value for MKP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.19 | LOW VOLATILITY | The low ATR as a percentage value for MKP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.32 | NEGATIVE | The low ADX value for MKP.CA suggests a weak or negative trend. |
TSX:MKP (1/15/2026, 7:00:00 PM)
22.36
+0.07 (+0.31%)
MCAN MORTGAGE CORP / MKP.CA FAQ
What is the ChartMill technical rating of MCAN MORTGAGE CORP (MKP.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to MKP.CA.
Can you provide the trend direction for MCAN MORTGAGE CORP?
The current trend direction for MCAN MORTGAGE CORP (MKP.CA) is Bullish.
What is the RSI signal for MKP stock?
MCAN MORTGAGE CORP (MKP.CA) has an RSI value of 49.3373. This indicates that the stock is currently neutral.
What is the MACD signal for MKP stock?
The MACD indicator for MCAN MORTGAGE CORP (MKP.CA) has a value of -0.0329496, indicating a bearish trend.
What are the support and resistance levels for MCAN MORTGAGE CORP (MKP.CA) stock?
MCAN MORTGAGE CORP (MKP.CA) has a support level at 22.19 and a resistance level at 23.01. Check the full technical report for our detailed analysis of MKP.CA support and resistance levels.