Marathon Gold Corporation (MOZ.CA) Stock Technical Analysis
Canada - TSX:MOZ - CA56580Q1028 - Common Stock
0.81 CAD
+0.04 (+5.19%)
Taking everything into account, MOZ scores 4 out of 10 in our technical rating. MOZ has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
MOZ has an average volume of 1546030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that MOZ is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
MOZ is part of the Metals & Mining industry. There are 810 other stocks in this industry, MOZ did better than 40% of them.
MOZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MOZ is lagging the market.
In the last month MOZ has a been trading in the 0.72 - 0.84 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.
MOZ has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. 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 MOZ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.70
0.87
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.77 to 0.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.71 to 0.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @0.81 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.84 to 0.86. 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 | NEUTRAL | NEUTRAL | The long term trend for MOZ.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MOZ.CA is neutral. |
| ChartMill Relative Strength | 73.5 | POSITIVE | MOZ.CA has a high relative strength, it outperformed 73.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MOZ.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MOZ.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MOZ.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.87 | NEUTRAL | The RSI value for MOZ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MOZ.CA has a positive trend. |
| Stochastics (14,3) | 57.58 | NEUTRAL | The Stochastics value for MOZ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for MOZ.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.11 | NEGATIVE | The low ADX value for MOZ.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:MOZ (1/26/2024, 7:00:00 PM)
0.81
+0.04 (+5.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg5.19%
1 Week9.46%
2 Weeks0%
1 Month-2.41%
3 Month42.11%
6 Month1.25%
12 Month-25%
2 Year-71.48%
3 Year-71.28%
5 Year-10%
10 Year153.13%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%4.57%
ATR Inc3.7%
Range Today0.04
ADR(20)0.03
ADR(20)%4.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.5
Mansfield-0.84
10 Day High0.81
10 Day Low0.72
20 Day High0.84
20 Day Low0.72
52 Week High1.08
52 Week Low0.49
CS1 End0.78
CR1 Start0.81
Volume & EV
DER(3)4.21%
DER(5)7.33%
Volume974.78K
Volume Incr-17.35%
Vol(5)791.45K
Vol(50)1.55M