MONUMENTAL ENERGY CORP (MNRG.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:MNRG • CA61534D1087
Overall MNRG gets a technical rating of 0 out of 10. MNRG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 99% of all other stocks performed better in the past year than MNRG.
- MNRG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MNRG has a been trading in the 0.03 - 0.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, MNRG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.03
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.05 from a trend line in the daily time frame.
- Resistance @0.06 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 | DOWN | NEGATIVE | The long term trend for MNRG.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MNRG.CA is neutral. |
| ChartMill Relative Strength | 1.34 | NEGATIVE | MNRG.CA has a low relative strength, it was outperformed by 98.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MNRG.CA is below 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) | 44.52 | NEUTRAL | The RSI value for MNRG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MNRG.CA has a negative trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for MNRG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.71 | HIGH VOLATILITY | The high ATR as a percentage value for MNRG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.05 | POSITIVE | The high ADX value value for MNRG.CA suggests a strong trend. |
TSX-V:MNRG (1/30/2026, 7:00:00 PM)
0.035
0 (0%)
MONUMENTAL ENERGY CORP / MNRG.CA FAQ
Can you provide the ChartMill technical rating for MONUMENTAL ENERGY CORP?
ChartMill assigns a technical rating of 0 / 10 to MNRG.CA.
What is the current trend direction of MONUMENTAL ENERGY CORP (MNRG.CA) stock?
The current trend direction for MONUMENTAL ENERGY CORP (MNRG.CA) is Bearish.
What is the RSI signal for MONUMENTAL ENERGY CORP (MNRG.CA) stock?
MONUMENTAL ENERGY CORP (MNRG.CA) has an RSI value of 44.5221. This indicates that the stock is currently neutral.
What are the support and resistance levels for MONUMENTAL ENERGY CORP (MNRG.CA) stock?
MONUMENTAL ENERGY CORP (MNRG.CA) has a resistance level at 0.04. Check the full technical report for our detailed analysis of MNRG.CA support and resistance levels.