MISSION READY SOLUTIONS INC (MRS.CA) Stock Technical Analysis
TSX-V:MRS - TSX Venture Exchange - CA60511F1027 - Common Stock - Currency: CAD
Taking everything into account, MRS scores 0 out of 10 in our technical rating. MRS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than MRS.
MRS is part of the Aerospace & Defense industry. There are 12 other stocks in this industry, of which 90% are performing better than MRS.
MRS is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so MRS is lagging the market.
In the last month MRS has a been trading in the 0.03 - 0.06 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
The technical rating of MRS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.03
0.05
When analyzing the resistance we notice one important area.
- Resistance @0.05 from a trend line in the weekly time frame.
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 MRS.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MRS.CA is down. |
| ChartMill Relative Strength | 0.89 | NEGATIVE | MRS.CA has a low relative strength, it was outperformed by 99.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MRS.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MRS.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MRS.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.38 | NEUTRAL | The RSI value for MRS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MRS.CA has a positive trend. |
| Stochastics (14,3) | 31.11 | NEUTRAL | The Stochastics value for MRS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 15.71 | HIGH VOLATILITY | The high ATR as a percentage value for MRS.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 29.54 | POSITIVE | The high ADX value value for MRS.CA suggests a strong 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-V:MRS (7/4/2023, 7:00:00 PM)
0.035
-0.01 (-22.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-22.22%
1 Week0%
2 Weeks-22.22%
1 Month-41.67%
3 Month-63.16%
6 Month-66.67%
12 Month-80%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%15.71%
ATR Inc250%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.89
Mansfield-6.85
10 Day High0.05
10 Day Low0.03
20 Day High0.06
20 Day Low0.03
52 Week High0.2
52 Week Low0.03
CS1 EndN/A
CR1 Start0.05
Volume & EV
DER(3)2.01%
DER(5)-0.81%
Volume686.93K
Volume Incr241.87%
Vol(5)671.95K
Vol(50)204.92K