MAGNETIC NORTH ACQUISITION C (MNC.CA) Technical Analysis
TSX-V:MNC • CA55948L1022
Current stock price
MNC.CA Technical Rating and Analysis
Taking everything into account, MNC scores 4 out of 10 in our technical rating. MNC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- MNC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MNC is lagging the market.
- In the last month MNC has a been trading in the 0.07 - 0.15 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 has an average volume of 18967 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- MNC is part of the Capital Markets industry. There are 77 other stocks in this industry. MNC outperforms 86% of them.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Looking at the yearly performance, MNC did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- Considerably lower volume is observed in the last couple of days.
MNC.CA Weekly and Daily overview Charts
MNC.CA Setup Rating and Analysis
MNC 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
MNC.CA Support and Resistance Analysis
0.06
2 important support areas can be observed.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.06 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.11 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
MNC.CA Technical Indicator Signal Analysis
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 MNC.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MNC.CA is neutral. |
| ChartMill Relative Strength | 74.77 | POSITIVE | MNC.CA has a high relative strength, it outperformed 74.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MNC.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MNC.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MNC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.52 | NEUTRAL | The RSI value for MNC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MNC.CA has a negative trend. |
| Stochastics (14,3) | 16.67 | OVERSOLD | The low Stochastics value suggests MNC.CA may be oversold. |
| Average True Range in percent/ATR (20) | 27 | HIGH VOLATILITY | The high ATR as a percentage value for MNC.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.8 | NEGATIVE | The low ADX value for MNC.CA suggests a weak or negative trend. |
MNC.CA Chart- and CandleStick Pattern Analysis
MNC.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:MNC (7/2/2025, 7:00:00 PM)
0.075
-0.01 (-6.25%)
MAGNETIC NORTH ACQUISITION C / MNC.CA TA FAQ
What is the technical rating for MNC stock?
ChartMill assigns a technical rating of 4 / 10 to MNC.CA.
What is the trend direction for MNC stock?
The current trend direction for MAGNETIC NORTH ACQUISITION C (MNC.CA) is Bearish.
Can you provide the RSI signal for MAGNETIC NORTH ACQUISITION C?
MAGNETIC NORTH ACQUISITION C (MNC.CA) has an RSI value of 44.5222. This indicates that the stock is currently neutral.
What is the MACD signal for MNC stock?
The MACD indicator for MAGNETIC NORTH ACQUISITION C (MNC.CA) has a value of -0.00349718, indicating a bearish trend.
Can you provide the support and resistance levels for MAGNETIC NORTH ACQUISITION C?
MAGNETIC NORTH ACQUISITION C (MNC.CA) has a support level at 0.07 and a resistance level at 0.09. Check the full technical report for our detailed analysis of MNC.CA support and resistance levels.