MARTINREA INTERNATIONAL INC (MRE.CA) Technical Analysis
TSX:MRE • CA5734591046
Current stock price
MRE.CA Technical Rating and Analysis
We assign a technical rating of 1 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- MRE is one of the lesser performing stocks in the Automobile Components industry. 75% of 5 stocks in the same industry do better.
- 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 56% of all stocks.
- MRE 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 MRE is lagging the market slightly.
- In the last month MRE has a been trading in the 8.72 - 10.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MRE.CA Weekly and Daily overview Charts
MRE.CA Setup Rating and Analysis
Although the technical rating is bad, MRE does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.37. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for MRE 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
MRE.CA Support and Resistance Analysis
8.67
When analyzing the support we notice one important area.
- A support zone ranging from 8.76 to 8.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 9.37 to 9.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.68 from a trend line in the weekly time frame.
- A resistance zone ranging from 10.91 to 11.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.71 from a horizontal line in the weekly time frame.
MRE.CA Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for MRE.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MRE.CA is down. |
| ChartMill Relative Strength | 56.41 | 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 | NEGATIVE | The current price of MRE.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MRE.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.38 | NEUTRAL | The RSI value for MRE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MRE.CA has a positive trend. |
| Stochastics (14,3) | 63.3 | NEUTRAL | The Stochastics value for MRE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for MRE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.51 | POSITIVE | The high ADX value value for MRE.CA suggests a strong trend. |
MRE.CA Chart- and CandleStick Pattern Analysis
MRE.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:MRE (4/2/2026, 7:00:00 PM)
9.36
-0.13 (-1.37%)
MARTINREA INTERNATIONAL INC / MRE.CA TA FAQ
Can you provide the ChartMill technical rating for MARTINREA INTERNATIONAL INC?
ChartMill assigns a technical rating of 1 / 10 to MRE.CA.
What is the current trend direction of MARTINREA INTERNATIONAL INC (MRE.CA) stock?
The current trend direction for MARTINREA INTERNATIONAL INC (MRE.CA) is Bearish.
Can you provide the RSI signal for MARTINREA INTERNATIONAL INC?
MARTINREA INTERNATIONAL INC (MRE.CA) has an RSI value of 45.3782. This indicates that the stock is currently neutral.
What is the short term momentum for MRE stock?
The short term momentum for MARTINREA INTERNATIONAL INC (MRE.CA) is negative.
What is the buy/sell signal for MARTINREA INTERNATIONAL INC (MRE.CA) stock?
The buy/sell signal for MARTINREA INTERNATIONAL INC (MRE.CA) is sell as both the short term and long term trends are negative.