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MELKIOR RESOURCES INC (MKR.CA) Stock Technical Analysis

Canada - TSX-V:MKR - CA58549W3030 - Common Stock

0.125 CAD
-0.01 (-7.41%)
Last: 10/27/2025, 7:00:00 PM
Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to MKR. Although MKR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

MKR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MKR has a been trading in the 0.12 - 0.28 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, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, MKR did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
MKR is an average performer in the Metals & Mining industry, it outperforms 56% of 805 stocks in the same industry.
Weekly and Daily overview Charts
MELKIOR RESOURCES INC / MKR Weekly stock chart
MELKIOR RESOURCES INC / MKR Daily stock chart
Setup Rating and Analysis

3

The technical rating of MKR is bad and it also does not present a 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.

Support and Resistance Analysis

0.09

0.15

When analyzing the support we notice one important area.

  • Support @0.09 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for MKR.CA is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for MKR.CA is down.
ChartMill Relative Strength82.56POSITIVEMKR.CA has a high relative strength, it outperformed 82.56% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of MKR.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of MKR.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of MKR.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)38.65NEUTRALThe RSI value for MKR.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests MKR.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)3.26OVERSOLDThe low Stochastics value suggests MKR.CA may be oversold.
Average True Range in percent/ATR (20)17.6HIGH VOLATILITYThe high ATR as a percentage value for MKR.CA suggests high volalility.
Average Directional Index/ADX (14)18.79NEGATIVEThe low ADX value for MKR.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
MELKIOR RESOURCES INC / MKR Daily stock chart

MELKIOR RESOURCES INC

TSX-V:MKR (10/27/2025, 7:00:00 PM)

0.125

-0.01 (-7.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-7.41%
1 Week-19.35%
2 Weeks-26.47%
1 Month-40.48%
3 Month0%
6 Month-21.87%
12 Month92.31%
2 Year0%
3 Year-30.56%
5 Year-84.76%
10 Year733.33%
15 Year-47.92%
Volatility
ATR(14)0.02
ATR(20)%17.6%
ATR Inc-70%
Range Today0.02
ADR(20)0.02
ADR(20)%15.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.56
3 months CRS20.92
6 months CRS7.17
Mansfield-0.53
10 Day High0.19
10 Day Low0.12
20 Day High0.28
20 Day Low0.12
52 Week High0.28
52 Week Low0.07
CS1 End0.09
CR1 Start0.15
Volume & EV
DER(3)0%
DER(5)0%
Volume221.50K
Volume Incr-39.63%
Vol(5)176.97K
Vol(50)162.34K

MELKIOR RESOURCES INC / MKR.CA FAQ

Can you provide the ChartMill technical rating for MELKIOR RESOURCES INC?

ChartMill assigns a technical rating of 2 / 10 to MKR.CA.


Can you provide the trend direction for MELKIOR RESOURCES INC?

The current trend direction for MELKIOR RESOURCES INC (MKR.CA) is Bearish.


What is the RSI signal for MKR stock?

MELKIOR RESOURCES INC (MKR.CA) has an RSI value of 38.6465. This indicates that the stock is currently neutral.


What is the MACD signal for MELKIOR RESOURCES INC (MKR.CA) stock?

The MACD indicator for MELKIOR RESOURCES INC (MKR.CA) has a value of -0.00747008, indicating a bearish trend.


What is the support and resistance level for MKR stock?

MELKIOR RESOURCES INC (MKR.CA) has a support level at 0.09 and a resistance level at 0.15. Check the full technical report for our detailed analysis of MKR.CA support and resistance levels.