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MCAN MORTGAGE CORP (MKP.CA) Stock Technical Analysis

TSX:MKP - Toronto Stock Exchange - CA5791761086 - Common Stock - Currency: CAD

18.38  +0.14 (+0.77%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to MKP. In the last year, MKP was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

62% of all other stocks performed better in the past year than MKP.
MKP is part of the Financial Services industry. There are 33 other stocks in this industry, of which 71% are performing better than MKP.
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.
MKP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MKP is lagging the market.
In the last month MKP has a been trading in a tight range between 17.75 and 18.80.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MCAN MORTGAGE CORP / MKP Weekly stock chart
MCAN MORTGAGE CORP / MKP Daily stock chart
Setup Rating and Analysis

8

MKP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 18.32, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MKP 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.
Support and Resistance Analysis

15.21

19.90

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 17.56 to 18.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @16.40 from a trend line in the weekly time frame.
  • Support @15.36 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 18.40 to 18.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 19.69 to 19.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.39
Mansfield-0.3
10 Day High18.78
10 Day Low17.75
20 Day High18.8
20 Day Low17.75
52 Week High19.86
52 Week Low15.3
Performance
1 Week-0.38%
2 Weeks-2.13%
1 Month1.16%
3 Month-6.32%
6 Month5.21%
12 Month10.46%
2 Year12.48%
3 Year2.86%
5 Year20.66%
10 Year39.88%
15 Year37.98%
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)48.56
LBB18.13
UBB18.84
MCAN MORTGAGE CORP / MKP Daily stock chart

MCAN MORTGAGE CORP

TSX:MKP (2/13/2025, 7:00:00 PM)

18.38

+0.14 (+0.77%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.77%
1 Week-0.38%
2 Weeks-2.13%
1 Month1.16%
3 Month-6.32%
6 Month5.21%
12 Month10.46%
2 Year12.48%
3 Year2.86%
5 Year20.66%
10 Year39.88%
15 Year37.98%
Volatility
ATR(14)0.29
ATR(20)%1.51%
ATR Inc0.5%
Range Today0.27
ADR(20)0.25
ADR(20)%1.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.39
Mansfield-0.3
10 Day High18.78
10 Day Low17.75
20 Day High18.8
20 Day Low17.75
52 Week High19.86
52 Week Low15.3
CS1 End18.32
CR1 Start18.4
Volume & EV
DER(3)2.21%
DER(5)4.2%
Volume7.29K
Volume Incr-41.29%
Vol(5)22.90K
Vol(50)51.07K