MCAN MORTGAGE CORP (MKP.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:MKP - CA5791761086 - Common Stock
We assign a technical rating of 6 out of 10 to MKP. Although MKP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, MKP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.90, 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.
More info and screens
18.32
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.15 to 21.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.43 to 20.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.51 from a trend line in the weekly time frame.
We found 1 important resistance area.
- 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 | UP | POSITIVE | The short term trend for MKP.CA is up. |
| ChartMill Relative Strength | 45.06 | NEUTRAL | MKP.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MKP.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MKP.CA is above 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) | 57.71 | NEUTRAL | The RSI value for MKP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MKP.CA has a positive trend. |
| Stochastics (14,3) | 75.35 | NEUTRAL | The Stochastics value for MKP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for MKP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.89 | NEGATIVE | The low ADX value for MKP.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 22.46 | 21.20 | 1.26 (5.61%) | 17.83% |
| An entry @22.46. This is a Buy Stop order right above the resistance zone. | An exit @21.20. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.26 points, which is 5.61%. | For a 1.00% total portfolio risk, you can invest 17.83% of your capital in this trade. |
- 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:MKP (11/28/2025, 7:00:00 PM)
21.98
-0.13 (-0.59%)
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 6 / 10 to MKP.CA.
What is the current trend direction of MCAN MORTGAGE CORP (MKP.CA) stock?
The current trend direction for MCAN MORTGAGE CORP (MKP.CA) is Bullish.
What is the RSI signal for MCAN MORTGAGE CORP (MKP.CA) stock?
MCAN MORTGAGE CORP (MKP.CA) has an RSI value of 57.7122. 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 0.0453252, indicating a bearish trend.
Can you provide the support and resistance levels for MCAN MORTGAGE CORP?
MCAN MORTGAGE CORP (MKP.CA) has a support level at 21.9 and a resistance level at 22.45. Check the full technical report for our detailed analysis of MKP.CA support and resistance levels.