MELKIOR RESOURCES INC (MKR.CA) Stock Technical Analysis
Canada - TSX-V:MKR - CA58549W3030 - Common Stock
0.15 CAD
+0.01 (+7.14%)
Overall MKR gets a technical rating of 9 out of 10. Both in the recent history as in the last year, MKR has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MKR did better than 78% of all other stocks.
MKR is part of the Metals & Mining industry. There are 807 other stocks in this industry, MKR did better than 51% of them.
MKR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MKR is lagging the market.
In the last month MKR has a been trading in the 0.12 - 0.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although MKR has an excellent technical rating, it does not offer a high quality setup 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
0.09
0.15
4 important support areas can be observed.
- Support @0.15 from a trend line in the weekly time frame.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.09 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 MKR.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MKR.CA is up. |
| ChartMill Relative Strength | 78.55 | POSITIVE | MKR.CA has a high relative strength, it outperformed 78.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MKR.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MKR.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MKR.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.25 | NEUTRAL | The RSI value for MKR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MKR.CA has a positive trend. |
| Stochastics (14,3) | 39.39 | NEUTRAL | The Stochastics value for MKR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.17 | HIGH VOLATILITY | The high ATR as a percentage value for MKR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.16 | NEGATIVE | The low ADX value for MKR.CA suggests a weak or negative 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-V:MKR (9/19/2025, 7:00:00 PM)
0.15
+0.01 (+7.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg7.14%
1 Week3.45%
2 Weeks11.11%
1 Month11.11%
3 Month7.14%
6 Month57.89%
12 Month66.67%
2 Year66.67%
3 Year-33.33%
5 Year-85.58%
10 Year900%
15 Year-34.78%
Volatility
ATR(14)0.01
ATR(20)%6.17%
ATR Inc-6.67%
Range Today0.01
ADR(20)0.01
ADR(20)%4.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.55
Mansfield2.6
10 Day High0.18
10 Day Low0.13
20 Day High0.18
20 Day Low0.12
52 Week High0.27
52 Week Low0.07
CS1 End0.15
CR1 Start0.15
Volume & EV
DER(3)0%
DER(5)0%
Volume20.00K
Volume Incr88.32%
Vol(5)87.67K
Vol(50)44.97K