MIDNIGHT SUN MINING CORP (MMA.CA) Stock Technical Analysis
Canada - TSX-V:MMA - CA5980151057 - Common Stock
1.31 CAD
-0.04 (-2.96%)
We assign a technical rating of 9 out of 10 to MMA. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month MMA has a been trading in the 1.25 - 2.00 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, MMA did better than 95% of all other stocks. We also observe that the gains produced by MMA over the past year are nicely spread over this period.
MMA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MMA is lagging the market.
MMA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for MMA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.26
1.45
We found 1 important support area.
- Support @1.27 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.32 from a trend line in the daily time frame.
- Resistance @1.44 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for MMA.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MMA.CA is neutral. |
| ChartMill Relative Strength | 95.03 | POSITIVE | MMA.CA has a high relative strength, it outperformed 95.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MMA.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MMA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MMA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.98 | NEUTRAL | The RSI value for MMA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MMA.CA has a negative trend. |
| Stochastics (14,3) | 13.54 | OVERSOLD | The low Stochastics value suggests MMA.CA may be oversold. |
| Average True Range in percent/ATR (20) | 12.27 | HIGH VOLATILITY | The high ATR as a percentage value for MMA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 36.95 | POSITIVE | The high ADX value value for MMA.CA suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.33 | 1.27 | 0.06 (4.51%) | 22.17% |
| An entry @1.33. This is a Buy Stop order right above the resistance zone. | An exit @1.27. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.06 points, which is 4.51%. | For a 1.00% total portfolio risk, you can invest 22.17% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MMA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:MMA (10/20/2025, 7:00:00 PM)
1.31
-0.04 (-2.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.96%
1 Week-5.07%
2 Weeks1.55%
1 Month-3.68%
3 Month101.54%
6 Month129.82%
12 Month204.65%
2 Year509.3%
3 Year413.73%
5 Year495.46%
10 Year1090.91%
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%12.27%
ATR Inc-52.27%
Range Today0.12
ADR(20)0.14
ADR(20)%10.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.03
Mansfield6.7
10 Day High1.54
10 Day Low1.28
20 Day High2
20 Day Low1.25
52 Week High2
52 Week Low0.37
CS1 End1.27
CR1 Start1.32
Volume & EV
DER(3)4.4%
DER(5)4.98%
Volume427.91K
Volume Incr-37.21%
Vol(5)494.40K
Vol(50)503.79K