MARTINREA INTERNATIONAL INC (MRE.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:MRE - CA5734591046 - Common Stock
Overall MRE gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MRE is only an average performer.
- The long and short term trends are both positive. This is looking good!
- MRE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MRE is lagging the market slightly.
- When comparing the performance of all stocks over the past year, MRE turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
- MRE is part of the Automobile Components industry. There are 5 other stocks in this industry, MRE did better than 50% of them.
- In the last month MRE has a been trading in a tight range between 10.18 and 10.74.
MRE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.52, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MRE in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.55
We found 2 important support areas.
- A support zone ranging from 10.18 to 10.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.65 to 9.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @10.77 from a horizontal line in the daily time frame.
- Resistance @11.18 from a trend line in the weekly time frame.
- A resistance zone ranging from 11.46 to 11.71. 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 MRE.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRE.CA is up. |
| ChartMill Relative Strength | 55.39 | NEUTRAL | MRE.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MRE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.69 | NEUTRAL | The RSI value for MRE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MRE.CA has a positive trend. |
| Stochastics (14,3) | 84.92 | OVERBOUGHT | The high Stochastics value suggests MRE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for MRE.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.53 | NEUTRAL | The ADX value for MRE.CA suggests a possible start of a new 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 |
|---|---|---|---|
| 10.78 | 10.33 | 0.45 (4.17%) | 23.96% |
| An entry @10.78. This is a Buy Stop order right above the resistance zone. | An exit @10.33. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.45 points, which is 4.17%. | When investing 23.96% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:MRE (1/16/2026, 7:00:00 PM)
10.7
+0.06 (+0.56%)
MARTINREA INTERNATIONAL INC / MRE.CA FAQ
Can you provide the ChartMill technical rating for MARTINREA INTERNATIONAL INC?
ChartMill assigns a technical rating of 7 / 10 to MRE.CA.
Can you provide the trend direction for MARTINREA INTERNATIONAL INC?
The current trend direction for MARTINREA INTERNATIONAL INC (MRE.CA) is Bullish.
What is the RSI signal for MARTINREA INTERNATIONAL INC (MRE.CA) stock?
MARTINREA INTERNATIONAL INC (MRE.CA) has an RSI value of 63.693. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for MARTINREA INTERNATIONAL INC?
The buy/sell signal for MARTINREA INTERNATIONAL INC (MRE.CA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for MRE stock?
MARTINREA INTERNATIONAL INC (MRE.CA) has a support level at 10.52 and a resistance level at 10.77. Check the full technical report for our detailed analysis of MRE.CA support and resistance levels.