MARTINREA INTERNATIONAL INC (MRE.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:MRE • CA5734591046
We assign a technical rating of 2 out of 10 to MRE. MRE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- MRE is one of the lesser performing stocks in the Automobile Components industry. 75% of 5 stocks in the same industry do better.
- 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- 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 51% of all stocks.
- In the last month MRE has a been trading in the 9.45 - 10.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
The technical rating of MRE is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.52
2 important support areas can be observed.
- A support zone ranging from 10.10 to 10.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.62 to 9.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 10.43 to 10.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.77 from a horizontal line in the daily time frame.
- Resistance @11.12 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 | NEUTRAL | NEUTRAL | The long term trend for MRE.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRE.CA is neutral. |
| ChartMill Relative Strength | 51.69 | NEUTRAL | MRE.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MRE.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MRE.CA is above a declining 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) | 56.02 | 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) | 54.28 | NEUTRAL | The Stochastics value for MRE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for MRE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.65 | NEGATIVE | The low ADX value for MRE.CA suggests a weak or negative trend. |
TSX:MRE (2/10/2026, 7:00:00 PM)
10.28
+0.27 (+2.7%)
MARTINREA INTERNATIONAL INC / MRE.CA FAQ
Can you provide the ChartMill technical rating for MARTINREA INTERNATIONAL INC?
ChartMill assigns a technical rating of 2 / 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 Bearish.
What is the RSI signal for MARTINREA INTERNATIONAL INC (MRE.CA) stock?
MARTINREA INTERNATIONAL INC (MRE.CA) has an RSI value of 56.0228. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for MARTINREA INTERNATIONAL INC?
MARTINREA INTERNATIONAL INC (MRE.CA) has a support level at 10.19 and a resistance level at 10.43. Check the full technical report for our detailed analysis of MRE.CA support and resistance levels.