MONUMENT MINING LTD (MMY.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:MMY - CA61531Y1051 - Common Stock
We assign a technical rating of 10 out of 10 to MMY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MMY is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that MMY is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by MMY over the past year are nicely spread over this period.
- MMY is part of the Metals & Mining industry. There are 820 other stocks in this industry. MMY outperforms 79% of them.
- MMY is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month MMY has a been trading in the 1.14 - 1.40 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MMY has an excellent technical rating, it 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.
More info and screens
1.18
2 important support areas can be observed.
- A support zone ranging from 1.25 to 1.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.19 to 1.21. 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 MMY.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MMY.CA is up. |
| ChartMill Relative Strength | 92.58 | POSITIVE | MMY.CA has a high relative strength, it outperformed 92.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MMY.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MMY.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MMY.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.46 | OVERBOUGHT | The high RSI value suggests MMY.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MMY.CA has a positive trend. |
| Stochastics (14,3) | 92.12 | OVERBOUGHT | The high Stochastics value suggests MMY.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for MMY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.9 | NEGATIVE | The low ADX value for MMY.CA suggests a weak or negative trend. |
TSX-V:MMY (1/27/2026, 7:00:00 PM)
1.4
+0.07 (+5.26%)
MONUMENT MINING LTD / MMY.CA FAQ
What is the technical rating for MMY stock?
ChartMill assigns a technical rating of 10 / 10 to MMY.CA.
Can you provide the trend direction for MONUMENT MINING LTD?
The current trend direction for MONUMENT MINING LTD (MMY.CA) is Bullish.
What is the RSI signal for MMY stock?
MONUMENT MINING LTD (MMY.CA) has an RSI value of 70.4582. This indicates that the stock is currently overbought.
Can you provide the short term momentum for MONUMENT MINING LTD?
The short term momentum for MONUMENT MINING LTD (MMY.CA) is positive.
What is the buy/sell signal for MMY stock?
The buy/sell signal for MONUMENT MINING LTD (MMY.CA) is buy as both the short term and long term trends are positive.