METALLIC MINERALS CORP (MMG.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:MMG - CA59126M1068 - Common Stock
We assign a technical rating of 9 out of 10 to MMG. In the last year, MMG was one of the better performers, but we do observe some doubts in the very recent evolution.
MMG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.34, a Stop Loss order could be placed below this zone.
More info and screens
0.23
We found 4 important support areas.
- A support zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.30 from a horizontal line in the daily time frame.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MMG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MMG.CA is up. |
| ChartMill Relative Strength | 90.44 | POSITIVE | MMG.CA has a high relative strength, it outperformed 90.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MMG.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MMG.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MMG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.47 | NEUTRAL | The RSI value for MMG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MMG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.56 | OVERBOUGHT | The high Stochastics value suggests MMG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.2 | HIGH VOLATILITY | The high ATR as a percentage value for MMG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.91 | NEGATIVE | The low ADX value for MMG.CA suggests a weak or negative trend. |
TSX-V:MMG (12/9/2025, 7:00:00 PM)
0.355
-0.01 (-1.39%)
METALLIC MINERALS CORP / MMG.CA FAQ
What is the technical rating for MMG stock?
ChartMill assigns a technical rating of 9 / 10 to MMG.CA.
What is the current trend direction of METALLIC MINERALS CORP (MMG.CA) stock?
The current trend direction for METALLIC MINERALS CORP (MMG.CA) is Bullish.
What is the RSI signal for METALLIC MINERALS CORP (MMG.CA) stock?
METALLIC MINERALS CORP (MMG.CA) has an RSI value of 56.4682. This indicates that the stock is currently neutral.
Can you provide the MACD signal for METALLIC MINERALS CORP?
The MACD indicator for METALLIC MINERALS CORP (MMG.CA) has a value of 0.00358487, indicating a bearish trend.
What is the support and resistance level for MMG stock?
METALLIC MINERALS CORP (MMG.CA) has a support level at 0.34 and a resistance level at 0.36. Check the full technical report for our detailed analysis of MMG.CA support and resistance levels.