MIRASOL RESOURCES LTD (MRZ.CA) Stock Technical Analysis
TSX-V:MRZ - TSX Venture Exchange - CA6046801081 - Common Stock - Currency: CAD
Taking everything into account, MRZ scores 0 out of 10 in our technical rating. MRZ'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
88% of all other stocks performed better in the past year than MRZ.
MRZ is one of the lesser performing stocks in the Metals & Mining industry. 74% of 797 stocks in the same industry do better.
MRZ is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MRZ has a been trading in the 0.34 - 0.40 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Considerably lower volume is observed in the last couple of days.
MRZ has a poor technical rating and the quality of the setup is also not perfect 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
0.34
0.48
We found 1 important support area.
- A support zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 7 important areas.
- Resistance @0.39 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.41 from a trend line in the weekly time frame.
- Resistance @0.44 from a trend line in the daily time frame.
- Resistance @0.46 from a trend line in the weekly time frame.
- Resistance @0.47 from a trend line in the daily time frame.
- Resistance @0.48 from a horizontal line in the daily 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 MRZ.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MRZ.CA is down. |
| ChartMill Relative Strength | 12.41 | NEGATIVE | MRZ.CA has a low relative strength, it was outperformed by 87.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MRZ.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MRZ.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MRZ.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.56 | NEUTRAL | The RSI value for MRZ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MRZ.CA has a negative trend. |
| Stochastics (14,3) | 5.56 | OVERSOLD | The low Stochastics value suggests MRZ.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for MRZ.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.41 | NEGATIVE | The low ADX value for MRZ.CA suggests a weak or negative 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:MRZ (8/1/2025, 7:00:00 PM)
0.345
-0.01 (-1.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.43%
1 Week-10.39%
2 Weeks-11.54%
1 Month-9.21%
3 Month-4.17%
6 Month-14.81%
12 Month-25%
2 Year-49.26%
3 Year-38.39%
5 Year-15.85%
10 Year-59.41%
15 Year-85.19%
Volatility
ATR(14)0.01
ATR(20)%3.19%
ATR Inc6.06%
Range Today0.01
ADR(20)0.01
ADR(20)%2.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.41
Mansfield-2.48
10 Day High0.39
10 Day Low0.34
20 Day High0.4
20 Day Low0.34
52 Week High0.61
52 Week Low0.31
CS1 End0.34
CR1 Start0.39
Volume & EV
DER(3)47.51%
DER(5)40.42%
Volume6.40K
Volume Incr-46.58%
Vol(5)25.86K
Vol(50)53.74K