MIRASOL RESOURCES LTD (MRZ.CA) Stock Technical Analysis
TSX-V:MRZ • CA6046801081
Overall MRZ gets a technical rating of 6 out of 10. MRZ has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- MRZ is part of the Metals & Mining industry. There are 812 other stocks in this industry, of which 69% are performing better than MRZ.
- In the last month MRZ has a been trading in the 0.52 - 0.88 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.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When compared to the yearly performance of all other stocks, MRZ outperforms 67% of them, which is more or less in line with the market.
- MRZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MRZ is lagging the market.
MRZ has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.52, a Stop Loss order could be placed below this zone.
More info and screens
0.34
4 important support areas can be observed.
- A support zone ranging from 0.52 to 0.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.46 from a trend line in the weekly time frame.
- Support @0.43 from a trend line in the daily time frame.
- Support @0.34 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 | UP | POSITIVE | The long term trend for MRZ.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRZ.CA is neutral. |
| ChartMill Relative Strength | 67.52 | NEUTRAL | MRZ.CA is not amongst the best or worst performers 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) | 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) | 44.84 | NEUTRAL | The RSI value for MRZ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MRZ.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.9 | OVERSOLD | The low Stochastics value suggests MRZ.CA may be oversold. |
| Average True Range in percent/ATR (20) | 10.85 | HIGH VOLATILITY | The high ATR as a percentage value for MRZ.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 38.39 | 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 |
|---|---|---|---|
| 0.59 | 0.52 | 0.07 (11.56%) | 8.65% |
| An entry @0.59. This is a Buy Stop order right above the 10 day moving average. | An exit @0.52. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 11.56%. | For a 1.00% total portfolio risk, you can invest 8.65% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MRZ. Please evaluate whether better entry and exit points can be found.
- 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 (2/12/2026, 7:00:00 PM)
0.53
-0.01 (-1.85%)
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 6 / 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 44.8399. This indicates that the stock is currently neutral.
What is the support and resistance level for MRZ stock?
MIRASOL RESOURCES LTD (MRZ.CA) has a support level at 0.52. Check the full technical report for our detailed analysis of MRZ.CA support and resistance levels.