MELKIOR RESOURCES INC (MKR.CA) Stock Technical Analysis
Canada - TSX-V:MKR - CA58549W3030 - Common Stock
0.135 CAD
-0.01 (-3.57%)
Overall MKR gets a technical rating of 4 out of 10. 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.
In the last month MKR has a been trading in the 0.13 - 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that MKR is one of the better performing stocks in the market, outperforming 84% of all stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
MKR is part of the Metals & Mining industry. There are 805 other stocks in this industry, MKR did better than 60% 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.
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
0.14
We found 1 important support area.
- Support @0.09 from a horizontal line in the weekly 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 | 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 | 84.33 | POSITIVE | MKR.CA has a high relative strength, it outperformed 84.33% 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. |
| Stochastics (14,3) | 4.68 | OVERSOLD | The low Stochastics value suggests MKR.CA may be oversold. |
| Average True Range in percent/ATR (20) | 20 | HIGH VOLATILITY | The high ATR as a percentage value for MKR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.13 | NEUTRAL | The ADX value for MKR.CA suggests a possible start of a new 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 (10/22/2025, 7:00:00 PM)
0.135
-0.01 (-3.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.57%
1 Week-15.62%
2 Weeks-28.95%
1 Month-15.62%
3 Month8%
6 Month28.57%
12 Month92.86%
2 Year8%
3 Year-25%
5 Year-83.54%
10 Year800%
15 Year-43.75%
Volatility
ATR(14)0.03
ATR(20)%20%
ATR Inc-55.7%
Range Today0.01
ADR(20)0.02
ADR(20)%17.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.33
3 months CRS61.71
6 months CRS68.91
Mansfield0.56
10 Day High0.21
10 Day Low0.13
20 Day High0.28
20 Day Low0.13
52 Week High0.28
52 Week Low0.07
CS1 End0.09
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume379.50K
Volume Incr5.2%
Vol(5)274.96K
Vol(50)159.10K