MANDALAY RESOURCES CORP (MND.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:MND - CA5625684025 - Common Stock
We assign a technical rating of 9 out of 10 to MND. Both in the recent history as in the last year, MND has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although MND has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.46
3 important support areas can be observed.
- A support zone ranging from 4.76 to 4.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.64 from a trend line in the weekly time frame.
- Support @4.50 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.41 to 5.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.61 from a horizontal 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 | UP | POSITIVE | The long term trend for MND.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MND.CA is neutral. |
| ChartMill Relative Strength | 87.74 | POSITIVE | MND.CA has a high relative strength, it outperformed 87.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MND.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MND.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MND.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.38 | NEUTRAL | The RSI value for MND.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests MND.CA has a positive trend. |
| Stochastics (14,3) | 81.41 | OVERBOUGHT | The high Stochastics value suggests MND.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for MND.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.53 | NEUTRAL | The ADX value for MND.CA suggests a possible start of a new trend. |
TSX:MND (8/6/2025, 7:00:00 PM)
5.4
+0.29 (+5.68%)
MANDALAY RESOURCES CORP / MND.CA FAQ
What is the technical rating for MND stock?
ChartMill assigns a technical rating of 9 / 10 to MND.CA.
What is the current trend direction of MANDALAY RESOURCES CORP (MND.CA) stock?
The current trend direction for MANDALAY RESOURCES CORP (MND.CA) is Bullish.
What is the RSI signal for MND stock?
MANDALAY RESOURCES CORP (MND.CA) has an RSI value of 67.3793. This indicates that the stock is currently neutral.
What is the short term momentum for MND stock?
The short term momentum for MANDALAY RESOURCES CORP (MND.CA) is neutral.
Can you provide the support and resistance levels for MANDALAY RESOURCES CORP?
MANDALAY RESOURCES CORP (MND.CA) has a support level at 4.78 and a resistance level at 5.41. Check the full technical report for our detailed analysis of MND.CA support and resistance levels.