MONUMENT MINING LTD (MMY.CA) Stock Technical Analysis
TSX-V:MMY - TSX Venture Exchange - CA61531Y1051 - Common Stock - Currency: CAD
Overall MMY gets a technical rating of 4 out of 10. Although MMY 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.
MMY is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
When comparing the yearly performance of all stocks, we notice that MMY is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, MMY also shows a nice and consistent pattern of rising prices.
MMY is one of the better performing stocks in the Metals & Mining industry, it outperforms 86% of 797 stocks in the same industry.
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.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
MMY has an average technical rating and the quality of the presented setup is also 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
0.39
0.44
We found 2 important support areas.
- A support zone ranging from 0.40 to 0.40. 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 0.39 to 0.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.42 to 0.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.44 from a trend line in the daily time frame.
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 MMY.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MMY.CA is down. |
| ChartMill Relative Strength | 94.04 | POSITIVE | MMY.CA has a high relative strength, it outperformed 94.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MMY.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MMY.CA is below a declining 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) | 43.69 | NEUTRAL | The RSI value for MMY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MMY.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.02 | NEUTRAL | The Stochastics value for MMY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for MMY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.84 | NEGATIVE | The low ADX value for MMY.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:MMY (7/4/2025, 7:00:00 PM)
0.41
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week5.13%
2 Weeks0%
1 Month-7.87%
3 Month6.49%
6 Month34.43%
12 Month173.33%
2 Year241.67%
3 Year355.56%
5 Year355.56%
10 Year355.56%
15 Year46.43%
Volatility
ATR(14)0.02
ATR(20)%4.21%
ATR Inc-45.1%
Range Today0.01
ADR(20)0.02
ADR(20)%4.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.04
Mansfield2.17
10 Day High0.44
10 Day Low0.38
20 Day High0.47
20 Day Low0.38
52 Week High0.51
52 Week Low0.13
CS1 End0.4
CR1 Start0.42
Volume & EV
DER(3)0%
DER(5)0%
Volume199.03K
Volume Incr-41.16%
Vol(5)196.70K
Vol(50)273.26K