MIDNIGHT SUN MINING CORP (MMA.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:MMA • CA5980151057
Taking everything into account, MMA scores 1 out of 10 in our technical rating. MMA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month MMA has a been trading in the 1.15 - 1.78 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.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, MMA outperforms 60% of them, which is more or less in line with the market.
- 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.
The technical rating of MMA is bad and it also does not present a quality setup 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
0.61
We found 4 important support areas.
- Support @1.22 from a horizontal line in the weekly time frame.
- Support @1.14 from a horizontal line in the daily time frame.
- Support @0.66 from a trend line in the weekly time frame.
- Support @0.62 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.62 from a trend line in the weekly time frame.
- Resistance @1.72 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for MMA.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MMA.CA is down. |
| ChartMill Relative Strength | 60.9 | NEUTRAL | MMA.CA is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of MMA.CA is below a declining 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) | 38.82 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 9.79 | OVERSOLD | The low Stochastics value suggests MMA.CA may be oversold. |
| Average True Range in percent/ATR (20) | 9.63 | HIGH VOLATILITY | The high ATR as a percentage value for MMA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.45 | NEUTRAL | The ADX value for MMA.CA suggests a possible start of a new trend. |
TSX-V:MMA (2/6/2026, 7:00:00 PM)
1.23
+0.08 (+6.96%)
MIDNIGHT SUN MINING CORP / MMA.CA FAQ
Can you provide the ChartMill technical rating for MIDNIGHT SUN MINING CORP?
ChartMill assigns a technical rating of 1 / 10 to MMA.CA.
Can you provide the trend direction for MIDNIGHT SUN MINING CORP?
The current trend direction for MIDNIGHT SUN MINING CORP (MMA.CA) is Bearish.
What is the RSI signal for MMA stock?
MIDNIGHT SUN MINING CORP (MMA.CA) has an RSI value of 38.8224. This indicates that the stock is currently neutral.
What is the MACD signal for MMA stock?
The MACD indicator for MIDNIGHT SUN MINING CORP (MMA.CA) has a value of -0.0430736, indicating a bearish trend.
Can you provide the short term momentum for MIDNIGHT SUN MINING CORP?
The short term momentum for MIDNIGHT SUN MINING CORP (MMA.CA) is negative.