MONTFORT CAPITAL CORP (MONT.CA) Technical Analysis
CNSX:MONT • CA61288M1068
We assign a technical rating of 5 out of 10 to MONT. In the last year, MONT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 100% of all other stocks performed better in the past year than MONT.
- In the last month MONT has a been trading in the 0.45 - 0.50 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- MONT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MONT is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
MONT 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
0.42
We found 3 important support areas.
- A support zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.46 from a horizontal line in the daily time frame.
- Support @0.42 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.50 to 0.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MONT.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MONT.CA is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | MONT.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MONT.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MONT.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 50.81 | NEUTRAL | The RSI value for MONT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MONT.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.67 | NEUTRAL | The Stochastics value for MONT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for MONT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.31 | POSITIVE | The high ADX value value for MONT.CA suggests a strong trend. |
MONT.CA Technicals: Chart, Performance Metrics, Trend & Indicators
CNSX:MONT (12/7/2022, 7:00:00 PM)
0.485
+0.02 (+5.43%)
MONTFORT CAPITAL CORP / MONT.CA FAQ
What is the ChartMill technical rating of MONTFORT CAPITAL CORP (MONT.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to MONT.CA.
Can you provide the trend direction for MONTFORT CAPITAL CORP?
The current trend direction for MONTFORT CAPITAL CORP (MONT.CA) is Bullish.
What is the RSI signal for MONTFORT CAPITAL CORP (MONT.CA) stock?
MONTFORT CAPITAL CORP (MONT.CA) has an RSI value of 50.8131. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MONTFORT CAPITAL CORP?
The MACD indicator for MONTFORT CAPITAL CORP (MONT.CA) has a value of -0.00278778, indicating a bearish trend.
What is the support and resistance level for MONT stock?
MONTFORT CAPITAL CORP (MONT.CA) has a support level at 0.47 and a resistance level at 0.5. Check the full technical report for our detailed analysis of MONT.CA support and resistance levels.