Canada - TSX:MRG-DB-B - CA61761EAC45
Taking everything into account, MRG-DB-B scores 5 out of 10 in our technical rating. In the last year, MRG-DB-B was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
MRG-DB-B has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 105.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 103.41, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
96.77
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
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 MRG-DB-B.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRG-DB-B.CA is neutral. |
| ChartMill Relative Strength | 42.41 | NEUTRAL | MRG-DB-B.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRG-DB-B.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRG-DB-B.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MRG-DB-B.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.8 | NEUTRAL | The RSI value for MRG-DB-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests MRG-DB-B.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.39 | NEUTRAL | The Stochastics value for MRG-DB-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for MRG-DB-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.31 | NEGATIVE | The low ADX value for MRG-DB-B.CA suggests a weak or negative trend. |
TSX:MRG-DB-B (11/12/2025, 7:00:00 PM)
103.5
+0.92 (+0.9%)
ChartMill assigns a technical rating of 5 / 10 to MRG-DB-B.CA.
The current trend direction for MORGUARD NORTH AMERICAN (MRG-DB-B.CA) is Bearish.
MORGUARD NORTH AMERICAN (MRG-DB-B.CA) has an RSI value of 51.7966. This indicates that the stock is currently neutral.
The short term momentum for MORGUARD NORTH AMERICAN (MRG-DB-B.CA) is neutral.
MORGUARD NORTH AMERICAN (MRG-DB-B.CA) has a support level at 103.41 and a resistance level at 105. Check the full technical report for our detailed analysis of MRG-DB-B.CA support and resistance levels.