MELKIOR RESOURCES INC (MKR.CA) Stock Technical Analysis
Canada - TSX-V:MKR - CA58549W3030 - Common Stock
Taking everything into account, MKR scores 4 out of 10 in our technical rating. 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 has an average technical rating and the quality of the presented setup is also 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
0.09
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.
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 | DOWN | NEGATIVE | The short term trend for MKR.CA is down. |
| ChartMill Relative Strength | 83.6 | POSITIVE | MKR.CA has a high relative strength, it outperformed 83.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MKR.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MKR.CA is below 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) | 41.26 | NEUTRAL | The RSI value for MKR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MKR.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.33 | OVERSOLD | The low Stochastics value suggests MKR.CA may be oversold. |
| Average True Range in percent/ATR (20) | 18.15 | HIGH VOLATILITY | The high ATR as a percentage value for MKR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.09 | NEGATIVE | The low ADX value for MKR.CA suggests a weak or negative trend. |
TSX-V:MKR (10/24/2025, 7:00:00 PM)
0.135
0 (0%)
MELKIOR RESOURCES INC / MKR.CA FAQ
Can you provide the ChartMill technical rating for MELKIOR RESOURCES INC?
ChartMill assigns a technical rating of 4 / 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 41.26. 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 -0.00749785, 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.