MILLENNIAL POTASH CORP (MLP.CA) Technical Analysis
TSX-V:MLP • CA60041F1018
Current stock price
MLP.CA Technical Rating and Analysis
Overall MLP gets a technical rating of 4 out of 10. 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.
- In the last month MLP has a been trading in the 2.00 - 3.19 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 MLP is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by MLP over the past year are nicely spread over this period.
- MLP is one of the better performing stocks in the Chemicals industry, it outperforms 84% of 27 stocks in the same industry.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- MLP 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 MLP is lagging the market slightly.
MLP.CA Weekly and Daily overview Charts
MLP.CA Setup Rating and Analysis
MLP has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
MLP.CA Support and Resistance Analysis
2.05
2 important resistance areas can be observed.
- A resistance zone ranging from 2.68 to 2.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.05 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 | NEUTRAL | NEUTRAL | The long term trend for MLP.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MLP.CA is down. |
| ChartMill Relative Strength | 90.72 | POSITIVE | MLP.CA has a high relative strength, it outperformed 90.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MLP.CA is below a declining 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) | 30.61 | NEUTRAL | The RSI value for MLP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MLP.CA has a negative trend. |
| Stochastics (14,3) | 7.98 | OVERSOLD | The low Stochastics value suggests MLP.CA may be oversold. |
| Average True Range in percent/ATR (20) | 11.88 | HIGH VOLATILITY | The high ATR as a percentage value for MLP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.77 | NEUTRAL | The ADX value for MLP.CA suggests a possible start of a new trend. |
MLP.CA Chart- and CandleStick Pattern Analysis
MLP.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:MLP (3/18/2026, 7:00:00 PM)
2.07
-0.27 (-11.54%)
MILLENNIAL POTASH CORP / MLP.CA TA FAQ
What is the technical rating for MLP stock?
ChartMill assigns a technical rating of 4 / 10 to MLP.CA.
Can you provide the trend direction for MILLENNIAL POTASH CORP?
The current trend direction for MILLENNIAL POTASH CORP (MLP.CA) is Bearish.
What is the RSI signal for MLP stock?
MILLENNIAL POTASH CORP (MLP.CA) has an RSI value of 30.6056. This indicates that the stock is currently neutral.
What is the MACD signal for MLP stock?
The MACD indicator for MILLENNIAL POTASH CORP (MLP.CA) has a value of -0.0602903, indicating a bearish trend.
Can you provide the short term momentum for MILLENNIAL POTASH CORP?
The short term momentum for MILLENNIAL POTASH CORP (MLP.CA) is negative.