TSX-V:MNRG - TSX Venture Exchange - CA61534D1087 - Common Stock - Currency: CAD
Overall MNRG gets a technical rating of 0 out of 10. MNRG'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.
Although the technical rating is bad, MNRG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.07, a Stop Loss order could be placed below this zone.
0.04
3 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 MNRG.CA is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MNRG.CA is down. |
ChartMill Relative Strength | 5.78 | NEGATIVE | MNRG.CA has a low relative strength, it was outperformed by 94.22% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MNRG.CA is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MNRG.CA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MNRG.CA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 49.66 | NEUTRAL | The RSI value for MNRG.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MNRG.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for MNRG.CA is a neutral value. |
Average True Range in percent/ATR (20) | 6.61 | HIGH VOLATILITY | The high ATR as a percentage value for MNRG.CA suggests high volalility. |
Average Directional Index/ADX (14) | 19.91 | NEGATIVE | The low ADX value for MNRG.CA suggests a weak or negative trend. |
TSX-V:MNRG (5/28/2025, 7:00:00 PM)
0.07
0 (0%)