MILLENNIAL POTASH CORP (MLP.CA) Technical Analysis
TSX-V:MLP • CA60041F1018
Current stock price
MLP.CA Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to MLP. Although MLP 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- Looking at the yearly performance, MLP did better than 81% of all other stocks. On top of that, MLP also shows a nice and consistent pattern of rising prices.
- MLP is an average performer in the Chemicals industry, it outperforms 66% of 28 stocks in the same industry.
- MLP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MLP is lagging the market.
- In the last month MLP has a been trading in the 1.64 - 2.23 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.
MLP.CA Weekly and Daily overview Charts
MLP.CA Setup Rating and Analysis
MLP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
MLP.CA Support and Resistance Analysis
1.70
2 important support areas can be observed.
- Support @1.81 from a trend line in the weekly time frame.
- A support zone ranging from 1.72 to 1.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.46 from a trend line in the weekly time frame.
- Resistance @2.67 from a trend line in the daily time frame.
- Resistance @2.85 from a trend line in the daily time frame.
MLP.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 | DOWN | NEGATIVE | The long term trend for MLP.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MLP.CA is down. |
| ChartMill Relative Strength | 81.83 | POSITIVE | MLP.CA has a high relative strength, it outperformed 81.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MLP.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MLP.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MLP.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.32 | NEUTRAL | The RSI value for MLP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MLP.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.99 | OVERSOLD | The low Stochastics value suggests MLP.CA may be oversold. |
| Average True Range in percent/ATR (20) | 9.84 | HIGH VOLATILITY | The high ATR as a percentage value for MLP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.46 | NEGATIVE | The low ADX value for MLP.CA suggests a weak or negative trend. |
MLP.CA Chart- and CandleStick Pattern Analysis
MLP.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:MLP (4/24/2026, 7:00:00 PM)
1.86
+0.13 (+7.51%)
MILLENNIAL POTASH CORP / MLP.CA TA FAQ
What is the technical rating for MLP stock?
ChartMill assigns a technical rating of 5 / 10 to MLP.CA.
What is the current trend direction of MILLENNIAL POTASH CORP (MLP.CA) stock?
The current trend direction for MILLENNIAL POTASH CORP (MLP.CA) is Bearish.
What is the RSI signal for MILLENNIAL POTASH CORP (MLP.CA) stock?
MILLENNIAL POTASH CORP (MLP.CA) has an RSI value of 41.3196. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MILLENNIAL POTASH CORP?
The MACD indicator for MILLENNIAL POTASH CORP (MLP.CA) has a value of -0.000172326, indicating a bearish trend.
Can you provide the support and resistance levels for MILLENNIAL POTASH CORP?
MILLENNIAL POTASH CORP (MLP.CA) has a support level at 1.81 and a resistance level at 2.46. Check the full technical report for our detailed analysis of MLP.CA support and resistance levels.