MELKIOR RESOURCES INC (MKR.CA) Technical Analysis
TSX-V:MKR • CA58549W3030
Current stock price
MKR.CA Technical Rating and Analysis
Overall MKR gets a technical rating of 8 out of 10. In the last year, MKR was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Looking at the yearly performance, MKR did better than 79% of all other stocks.
- MKR is part of the Metals & Mining industry. There are 804 other stocks in this industry, MKR did better than 53% of them.
- MKR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MKR is lagging the market slightly.
- In the last month MKR has a been trading in the 0.10 - 0.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
MKR.CA Weekly and Daily overview Charts
MKR.CA Setup Rating and Analysis
Although MKR has an excellent technical rating, it does not present a decent entry opportunity 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
MKR.CA Support and Resistance Analysis
0.09
We found 4 important support areas.
- A support 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.
- Support @0.13 from a trend line in the daily time frame.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @0.09 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.21 from a trend line in the weekly time frame.
MKR.CA 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for MKR.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MKR.CA is up. |
| ChartMill Relative Strength | 79.99 | POSITIVE | MKR.CA has a high relative strength, it outperformed 79.99% 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) | 56.71 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 47.81 | NEUTRAL | The Stochastics value for MKR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.45 | HIGH VOLATILITY | The high ATR as a percentage value for MKR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.66 | NEUTRAL | The ADX value for MKR.CA suggests a possible start of a new trend. |
MKR.CA Chart- and CandleStick Pattern Analysis
MKR.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:MKR (3/25/2026, 7:00:00 PM)
0.165
0 (0%)
MELKIOR RESOURCES INC / MKR.CA TA FAQ
Can you provide the ChartMill technical rating for MELKIOR RESOURCES INC?
ChartMill assigns a technical rating of 8 / 10 to MKR.CA.
What is the current trend direction of MELKIOR RESOURCES INC (MKR.CA) stock?
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 56.7077. This indicates that the stock is currently neutral.
What is the short term momentum for MKR stock?
The short term momentum for MELKIOR RESOURCES INC (MKR.CA) is positive.