MCAN MORTGAGE CORP (MKP.CA) Stock Technical Analysis
Canada - TSX:MKP - CA5791761086 - Common Stock
20.43 CAD
-0.48 (-2.3%)
We assign a technical rating of 2 out of 10 to MKP. In the last year, MKP was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month MKP has a been trading in the 20.41 - 22.10 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, MKP outperforms 47% of them, which is more or less in line with the market.
MKP is an average performer in the Financial Services industry, it outperforms 62% of 28 stocks in the same industry.
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.
The technical rating of MKP is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
17.67
22.67
We found 3 important support areas.
- A support zone ranging from 20.42 to 20.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.26 from a trend line in the weekly time frame.
- Support @17.85 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 21.44 to 21.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 22.45 to 22.45. 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 | DOWN | NEGATIVE | The short term trend for MKP.CA is down. |
| ChartMill Relative Strength | 47.74 | 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) | DOWN | NEGATIVE | The current price of MKP.CA is below a declining 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) | 27.64 | OVERSOLD | The low RSI value suggests MKP.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests MKP.CA has a negative trend. |
| Stochastics (14,3) | 1.49 | OVERSOLD | The low Stochastics value suggests MKP.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for MKP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 24.29 | NEUTRAL | The ADX value for MKP.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)
TSX:MKP (10/10/2025, 7:00:00 PM)
20.43
-0.48 (-2.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-2.3%
1 Week-6.71%
2 Weeks-5.5%
1 Month-9%
3 Month4.66%
6 Month17.82%
12 Month11.03%
2 Year35.21%
3 Year36.47%
5 Year61.56%
10 Year66.32%
15 Year59.05%
Volatility
ATR(14)0.29
ATR(20)%1.57%
ATR Inc105.17%
Range Today0.42
ADR(20)0.3
ADR(20)%1.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.74
Mansfield-0.3
10 Day High22
10 Day Low20.41
20 Day High22.1
20 Day Low20.41
52 Week High22.47
52 Week Low16.7
CS1 End20.42
CR1 Start21.44
Volume & EV
DER(3)-2.51%
DER(5)-7.64%
Volume72.56K
Volume Incr-0.22%
Vol(5)56.28K
Vol(50)47.40K