MONUMENT MINING LTD (MMY.CA) Stock Technical Analysis
TSX-V:MMY • CA61531Y1051
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.
- Looking at the yearly performance, MMY did better than 90% of all other 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 802 other stocks in this industry. MMY outperforms 73% of them.
- MMY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MMY is lagging the market slightly.
- In the last month MMY has a been trading in the 1.09 - 1.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although MMY has an excellent technical rating, the quality of the presented setup is not ideal 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
1.08
We found 4 important support areas.
- A support zone ranging from 1.20 to 1.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.15 from a trend line in the daily time frame.
- A support zone ranging from 1.11 to 1.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.09 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.28 to 1.32. 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 | 90.71 | POSITIVE | MMY.CA has a high relative strength, it outperformed 90.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MMY.CA is above a declining 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) | 52.6 | NEUTRAL | The RSI value for MMY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MMY.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.33 | NEUTRAL | The Stochastics value for MMY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.35 | HIGH VOLATILITY | The high ATR as a percentage value for MMY.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.29 | NEGATIVE | The low ADX value for MMY.CA suggests a weak or negative 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 |
|---|---|---|---|
| 1.33 | 1.19 | 0.14 (10.53%) | 9.50% |
| An entry @1.33. This is a Buy Stop order right above the resistance zone. | An exit @1.19. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.14 points, which is 10.53%. | When investing 9.50% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:MMY (2/26/2026, 7:00:00 PM)
1.26
-0.01 (-0.79%)
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 52.5978. This indicates that the stock is currently neutral.
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.