MCAN MORTGAGE CORP (MKP.CA) Stock Technical Analysis
TSX:MKP - CA5791761086 - Common Stock
21.95 CAD
-0.18 (-0.81%)
Taking everything into account, MKP scores 8 out of 10 in our technical rating. 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.
Both the short term and long term trends are positive. This is a very positive sign.
MKP is part of the Financial Services industry. There are 28 other stocks in this industry. MKP outperforms 70% of them.
MKP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
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 69% of all stocks.
In the last month MKP has a been trading in a tight range between 21.00 and 22.15.
Although MKP has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
17.67
22.35
4 important support areas can be observed.
- A support zone ranging from 20.65 to 21.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.93 from a trend line in the daily time frame.
- A support zone ranging from 18.95 to 19.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.85 to 18.12. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.96 to 22.13. 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 | 69.9 | 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) | 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) | 66.76 | NEUTRAL | The RSI value for MKP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MKP.CA has a negative trend. |
| Stochastics (14,3) | 84.85 | OVERBOUGHT | The high Stochastics value suggests MKP.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.09 | LOW VOLATILITY | The low ATR as a percentage value for MKP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 46.34 | POSITIVE | The high ADX value value for MKP.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 |
|---|---|---|---|
| 22.14 | 21.41 | 0.73 (3.30%) | 25.00% |
| An entry @22.14. This is a Buy Stop order right above the resistance zone. | An exit @21.41. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.73 points, which is 3.30%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.82%. |
- 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 (9/9/2025, 7:00:00 PM)
21.95
-0.18 (-0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.81%
1 Week0.32%
2 Weeks2.09%
1 Month3.2%
3 Month14.74%
6 Month21.94%
12 Month24.79%
2 Year45.08%
3 Year50.65%
5 Year72.03%
10 Year85.74%
15 Year76.78%
Volatility
ATR(14)0.24
ATR(20)%1.09%
ATR Inc40.87%
Range Today0.25
ADR(20)0.24
ADR(20)%1.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.9
Mansfield0.5
10 Day High22.15
10 Day Low21.42
20 Day High22.15
20 Day Low21
52 Week High22.15
52 Week Low16.7
CS1 End21.03
CR1 Start21.96
Volume & EV
DER(3)1.71%
DER(5)3.49%
Volume56.11K
Volume Incr41.52%
Vol(5)55.07K
Vol(50)41.79K