TSX-V:MON • CA6126484022
Overall MON gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MON is a bad performer.
Besides having an excellent technical rating, MON also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.78, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MON in the last couple of days, which is a good sign.
0.50
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 MON.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MON.CA is up. |
| ChartMill Relative Strength | 37.74 | NEUTRAL | MON.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MON.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MON.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MON.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.31 | NEUTRAL | The RSI value for MON.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MON.CA has a negative trend. |
| Stochastics (14,3) | 80 | NEUTRAL | The Stochastics value for MON.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.44 | HIGH VOLATILITY | The high ATR as a percentage value for MON.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.44 | NEGATIVE | The low ADX value for MON.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.82 | 0.76 | 0.06 (7.32%) | 13.67% |
| An entry @0.82. This is a Buy Stop order right above the resistance zone. | An exit @0.76. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.06 points, which is 7.32%. | When investing 13.67% of your capital in this trade, your total portfolio risk will be 1.00%. |
TSX-V:MON (3/4/2026, 7:00:00 PM)
0.78
0 (0%)
ChartMill assigns a technical rating of 7 / 10 to MON.CA.
The current trend direction for MONTERO MINING AND EXPLORATI (MON.CA) is Bullish.
MONTERO MINING AND EXPLORATI (MON.CA) has an RSI value of 58.3051. This indicates that the stock is currently neutral.
The short term momentum for MONTERO MINING AND EXPLORATI (MON.CA) is positive.
MONTERO MINING AND EXPLORATI (MON.CA) has a support level at 0.78 and a resistance level at 0.81. Check the full technical report for our detailed analysis of MON.CA support and resistance levels.