MAGNETIC NORTH ACQ CORP (MNC-PR-A.CA) Stock Technical Analysis
TSX-V:MNC-PR-A - TSX Venture Exchange - CA55948L3002 - Currency: CAD
Taking everything into account, MNC-PR-A scores 0 out of 10 in our technical rating. MNC-PR-A's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than MNC-PR-A.
MNC-PR-A is part of the Capital Markets industry. There are 83 other stocks in this industry, of which 98% are performing better than MNC-PR-A.
In the last month MNC-PR-A has a been trading in the 3.00 - 8.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: MNC-PR-A has an average volume of 1597 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
MNC-PR-A has a poor technical rating and the quality of the setup is also only medium 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
2.96
3.03
When analyzing the support we notice one important area.
- A support zone ranging from 2.99 to 2.99. 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 | DOWN | NEGATIVE | The long term trend for MNC-PR-A.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MNC-PR-A.CA is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | MNC-PR-A.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MNC-PR-A.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MNC-PR-A.CA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 38.66 | NEUTRAL | The RSI value for MNC-PR-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests MNC-PR-A.CA has a negative trend, although the MACD value is rising. |
| Average True Range in percent/ATR (20) | 16.67 | HIGH VOLATILITY | The high ATR as a percentage value for MNC-PR-A.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.61 | NEUTRAL | The ADX value for MNC-PR-A.CA suggests a possible start of a new 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:MNC-PR-A (6/26/2025, 7:00:00 PM)
3
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0%
1 Week-25%
2 Weeks-40%
1 Month0%
3 Month87.5%
6 Month-68.09%
12 MonthN/A
2 Year-67.74%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%16.67%
ATR Inc-100%
Range Today0
ADR(20)0.09
ADR(20)%2.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High5
10 Day Low3
20 Day High8
20 Day Low3
52 Week HighN/A
52 Week LowN/A
CS1 End2.99
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume1.00K
Volume Incr85.19%
Vol(5)2.00K
Vol(50)1.60K