MONARCA MINERALS INC (MMN.CA) Stock Technical Analysis
TSX-V:MMN • CA60916Q1090
Taking everything into account, MMN scores 4 out of 10 in our technical rating. Although MMN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month MMN has a been trading in the 0.01 - 0.03 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that MMN is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, MMN also shows a nice and consistent pattern of rising prices.
- MMN is part of the Metals & Mining industry. There are 816 other stocks in this industry. MMN outperforms 83% of them.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- MMN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MMN is lagging the market.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, MMN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.01, a Stop Loss order could be placed below this zone.
More info and screens
0.01
We found 1 important support area.
- Strong support @0.01 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.01 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for MMN.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MMN.CA is down. |
| ChartMill Relative Strength | 94.31 | POSITIVE | MMN.CA has a high relative strength, it outperformed 94.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MMN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MMN.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MMN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.86 | NEUTRAL | The RSI value for MMN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MMN.CA has a negative trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for MMN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 31.67 | HIGH VOLATILITY | The high ATR as a percentage value for MMN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.42 | NEUTRAL | The ADX value for MMN.CA suggests a possible start of a new trend. |
TSX-V:MMN (3/2/2026, 7:00:00 PM)
0.015
-0.01 (-25%)
MONARCA MINERALS INC / MMN.CA FAQ
What is the ChartMill technical rating of MONARCA MINERALS INC (MMN.CA) stock?
ChartMill assigns a technical rating of 4 / 10 to MMN.CA.
What is the trend direction for MMN stock?
The current trend direction for MONARCA MINERALS INC (MMN.CA) is Bearish.
What is the RSI signal for MMN stock?
MONARCA MINERALS INC (MMN.CA) has an RSI value of 41.8575. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MONARCA MINERALS INC?
The MACD indicator for MONARCA MINERALS INC (MMN.CA) has a value of -0.000625205, indicating a bearish trend.