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MIDNIGHT SUN MINING CORP (MMA.CA) Stock Technical Analysis

TSX-V:MMA - TSX Venture Exchange - CA5980151057 - Common Stock - Currency: CAD

0.67  +0.02 (+3.08%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to MMA. In the past year, MMA was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month MMA has a been trading in the 0.51 - 0.70 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, MMA did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
MIDNIGHT SUN MINING CORP / MMA Weekly stock chart
MIDNIGHT SUN MINING CORP / MMA Daily stock chart
Setup Rating and Analysis

3

MMA has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

0.50

0.72

6 important support areas can be observed.

  • A support zone ranging from 0.66 to 0.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @0.55 from a trend line in the daily time frame.
  • Support @0.53 from a trend line in the weekly time frame.
  • Support @0.52 from a trend line in the daily time frame.
  • Support @0.50 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 0.68 to 0.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @0.71 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for MMA.CA is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for MMA.CA is up.
ChartMill Relative Strength78.69POSITIVEMMA.CA has a high relative strength, it outperformed 78.69% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of MMA.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of MMA.CA is above a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of MMA.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)65.18NEUTRALThe RSI value for MMA.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests MMA.CA has a positive trend.
Stochastics (14,3)80.15OVERBOUGHTThe high Stochastics value suggests MMA.CA may be overbought.
Average True Range in percent/ATR (20)7.84HIGH VOLATILITYThe high ATR as a percentage value for MMA.CA suggests high volalility.
Average Directional Index/ADX (14)30.2POSITIVEThe high ADX value value for MMA.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
MIDNIGHT SUN MINING CORP / MMA Daily stock chart

MIDNIGHT SUN MINING CORP

TSX-V:MMA (7/28/2025, 7:00:00 PM)

0.67

+0.02 (+3.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.08%
1 Week24.07%
2 Weeks24.07%
1 Month24.07%
3 Month28.85%
6 Month-1.47%
12 Month28.85%
2 Year204.55%
3 Year509.09%
5 Year226.83%
10 Year396.3%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%7.84%
ATR Inc-15.15%
Range Today0.05
ADR(20)0.05
ADR(20)%7.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.69
Mansfield1.51
10 Day High0.69
10 Day Low0.53
20 Day High0.7
20 Day Low0.51
52 Week High0.91
52 Week Low0.22
CS1 End0.67
CR1 Start0.68
Volume & EV
DER(3)4.11%
DER(5)2.47%
Volume272.37K
Volume Incr-19.23%
Vol(5)387.17K
Vol(50)314.74K