MIRASOL RESOURCES LTD (MRZ.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:MRZ - CA6046801081 - Common Stock
Taking everything into account, MRZ scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MRZ is only an average performer.
- MRZ is one of the lesser performing stocks in the Metals & Mining industry. 72% of 813 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- MRZ 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 MRZ is lagging the market slightly.
- In the last month MRZ has a been trading in the 0.41 - 0.56 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, MRZ turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, MRZ also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
0.34
3 important support areas can be observed.
- Support @0.44 from a trend line in the weekly time frame.
- Support @0.42 from a trend line in the daily time frame.
- Support @0.34 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.54 from a horizontal 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 | UP | POSITIVE | The long term trend for MRZ.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRZ.CA is up. |
| ChartMill Relative Strength | 59.2 | NEUTRAL | MRZ.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRZ.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRZ.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MRZ.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.66 | NEUTRAL | The RSI value for MRZ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MRZ.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.95 | OVERBOUGHT | The high Stochastics value suggests MRZ.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for MRZ.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 34.03 | POSITIVE | The high ADX value value for MRZ.CA suggests a strong 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 |
|---|---|---|---|
| 0.55 | 0.49 | 0.06 (10.91%) | 9.17% |
| An entry @0.55. This is a Buy Stop order right above the resistance zone. | An exit @0.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.06 points, which is 10.91%. | For a 1.00% total portfolio risk, you can invest 9.17% of your capital in this trade. |
- 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-V:MRZ (1/16/2026, 7:00:00 PM)
0.52
-0.02 (-3.7%)
MIRASOL RESOURCES LTD / MRZ.CA FAQ
What is the ChartMill technical rating of MIRASOL RESOURCES LTD (MRZ.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to MRZ.CA.
What is the current trend direction of MIRASOL RESOURCES LTD (MRZ.CA) stock?
The current trend direction for MIRASOL RESOURCES LTD (MRZ.CA) is Bullish.
What is the RSI signal for MIRASOL RESOURCES LTD (MRZ.CA) stock?
MIRASOL RESOURCES LTD (MRZ.CA) has an RSI value of 57.6595. This indicates that the stock is currently neutral.
What is the buy/sell signal for MRZ stock?
The buy/sell signal for MIRASOL RESOURCES LTD (MRZ.CA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for MIRASOL RESOURCES LTD?
MIRASOL RESOURCES LTD (MRZ.CA) has a support level at 0.44 and a resistance level at 0.54. Check the full technical report for our detailed analysis of MRZ.CA support and resistance levels.