MCAN MORTGAGE CORP (MKP.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:MKP - CA5791761086 - Common Stock
Taking everything into account, MKP scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MKP is only an average performer.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- MKP is part of the Financial Services industry. There are 28 other stocks in this industry. MKP outperforms 85% 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 compared to the yearly performance of all other stocks, MKP outperforms 57% of them, which is more or less in line with the market.
- In the last month MKP has a been trading in a tight range between 22.21 and 22.75.
MKP has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 22.46, a Stop Loss order could be placed below this zone.
More info and screens
18.60
We found 5 important support areas.
- A support zone ranging from 22.09 to 22.46. 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 @21.14 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 @18.79 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 | 57.01 | 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) | 52.55 | NEUTRAL | The RSI value for MKP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MKP.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.67 | NEUTRAL | The Stochastics value for MKP.CA is a neutral value. |
| 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) | 14.65 | 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 |
|---|---|---|---|
| 22.73 | 22.24 | 0.49 (2.16%) | 25.00% |
| An entry @22.73. This is a Buy Stop order right above the 10 day high. | An exit @22.24. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.49 points, which is 2.16%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.54%. |
- 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 (1/21/2026, 7:00:00 PM)
22.5
+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 6 / 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 52.5535. 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 -0.0211642, 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 22.46 and a resistance level at 23.01. Check the full technical report for our detailed analysis of MKP.CA support and resistance levels.