Canada - TSX Venture Exchange - TSX-V:MMG - CA59126M1068 - Common Stock
We assign a technical rating of 9 out of 10 to MMG. 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.
Besides having an excellent technical rating, MMG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.34, a Stop Loss order could be placed below this zone.
0.23
4 important support areas can be observed.
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 | NEUTRAL | NEUTRAL | The short term trend for MMG.CA is neutral. |
| ChartMill Relative Strength | 84.93 | POSITIVE | MMG.CA has a high relative strength, it outperformed 84.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MMG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MMG.CA is above the rising 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) | 46.66 | NEUTRAL | The RSI value for MMG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MMG.CA has a negative trend. |
| Stochastics (14,3) | 50.52 | NEUTRAL | The Stochastics value for MMG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.3 | HIGH VOLATILITY | The high ATR as a percentage value for MMG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.2 | NEUTRAL | The ADX value for MMG.CA suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 0.39 | 0.33 | 0.06 (16.19%) | 6.18% |
| An entry @0.39. This is a Buy Stop order right above the 10 day moving average. | An exit @0.33. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.06 points, which is 16.19%. | When investing 6.18% of your capital in this trade, your total portfolio risk will be 1.00%. |
TSX-V:MMG (1/9/2026, 7:00:00 PM)
0.355
-0.02 (-4.05%)
ChartMill assigns a technical rating of 9 / 10 to MMG.CA.
The current trend direction for METALLIC MINERALS CORP (MMG.CA) is Bullish.
METALLIC MINERALS CORP (MMG.CA) has an RSI value of 46.6608. This indicates that the stock is currently neutral.
The MACD indicator for METALLIC MINERALS CORP (MMG.CA) has a value of -0.00460909, indicating a bearish trend.
METALLIC MINERALS CORP (MMG.CA) has a support level at 0.34. Check the full technical report for our detailed analysis of MMG.CA support and resistance levels.