MELKIOR RESOURCES INC (MKR.CA) Stock Technical Analysis
TSX-V:MKR • CA58549W3030
0.125 CAD
+0.02 (+19.05%)
Last: Feb 27, 2026, 07:00 PM
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 is one of the lesser performing stocks in the Metals & Mining industry. 67% of 816 stocks in the same industry do better.
- 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 0.10 - 0.15 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that MKR is one of the better performing stocks in the market, outperforming 71% of all stocks. We also observe that the gains produced by MKR over the past year are nicely spread over this period.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Volume is considerably higher in the last couple of days.
MKR has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.09
0.21
3 important support areas can be observed.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.11 from a trend line in the daily time frame.
- Support @0.09 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.14 to 0.14. 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.
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 | NEUTRAL | NEUTRAL | The short term trend for MKR.CA is neutral. |
| ChartMill Relative Strength | 71.87 | POSITIVE | MKR.CA has a high relative strength, it outperformed 71.87% 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) | DOWN | NEGATIVE | The current price of MKR.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MKR.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.52 | NEUTRAL | The RSI value for MKR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MKR.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.89 | NEUTRAL | The Stochastics value for MKR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.4 | HIGH VOLATILITY | The high ATR as a percentage value for MKR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.42 | 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 (2/27/2026, 7:00:00 PM)
0.125
+0.02 (+19.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg19.05%
1 Week8.7%
2 Weeks-10.71%
1 Month0%
3 Month-16.67%
6 Month-10.71%
12 Month92.31%
2 Year-7.41%
3 Year-34.21%
5 Year-79.51%
10 Year177.78%
15 Year-35.9%
Volatility
ATR(14)0.01
ATR(20)%8.4%
ATR Inc20.69%
Range Today0.02
ADR(20)0.01
ADR(20)%6.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.87
3 months CRS11.3
6 months CRS16.23
Mansfield-1.11
10 Day High0.14
10 Day Low0.1
20 Day High0.15
20 Day Low0.1
52 Week High0.28
52 Week Low0.07
CS1 End0.12
CR1 Start0.13
Volume & EV
DER(3)14.1%
DER(5)8.42%
Volume195.52K
Volume Incr37.44%
Vol(5)270.57K
Vol(50)137.87K
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.
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 50.5215. 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 neutral.