MONARCA MINERALS INC (MMN.CA) Stock Technical Analysis
Canada - TSX-V:MMN - CA60916Q1090 - Common Stock
Taking everything into account, MMN scores 2 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.
The technical rating of MMN 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
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When analyzing the support we notice one important area.
- Support @0.01 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.01 to 0.01. 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 | 83.08 | POSITIVE | MMN.CA has a high relative strength, it outperformed 83.08% 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) | 45.62 | 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, although the MACD value is rising. |
| Average True Range in percent/ATR (20) | 17.5 | HIGH VOLATILITY | The high ATR as a percentage value for MMN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 35.43 | POSITIVE | The high ADX value value for MMN.CA suggests a strong trend. |
TSX-V:MMN (11/13/2025, 7:00:00 PM)
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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 2 / 10 to MMN.CA.
What is the current trend direction of MONARCA MINERALS INC (MMN.CA) 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 45.6171. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MONARCA MINERALS INC?
The short term momentum for MONARCA MINERALS INC (MMN.CA) is negative.
What are the support and resistance levels for MONARCA MINERALS INC (MMN.CA) stock?
MONARCA MINERALS INC (MMN.CA) has a support level at 0.01 and a resistance level at 0.01. Check the full technical report for our detailed analysis of MMN.CA support and resistance levels.