MIRASOL RESOURCES LTD (MRZ.CA) Stock Technical Analysis
TSX-V:MRZ - TSX Venture Exchange - CA6046801081 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to MRZ. MRZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
83% of all other stocks performed better in the past year than MRZ.
MRZ is part of the Metals & Mining industry. There are 805 other stocks in this industry, of which 67% are performing better than MRZ.
MRZ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MRZ has a been trading in the 0.31 - 0.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
0.33
0.48
We found 2 important support areas.
- Support @0.36 from a trend line in the daily time frame.
- A support zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @0.40 from a horizontal line in the daily time frame.
- Resistance @0.43 from a trend line in the weekly time frame.
- Resistance @0.46 from a trend line in the daily time frame.
- Resistance @0.47 from a trend line in the weekly 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 | 17.31 | NEGATIVE | MRZ.CA has a low relative strength, it was outperformed by 82.69% 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) | 44.83 | 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) | 51.45 | NEUTRAL | The Stochastics value for MRZ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.21 | HIGH VOLATILITY | The high ATR as a percentage value for MRZ.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.42 | 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 (7/11/2025, 7:00:00 PM)
0.36
-0.01 (-1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.37%
1 Week-5.26%
2 Weeks5.88%
1 Month-24.21%
3 Month-2.7%
6 Month-22.58%
12 Month-11.11%
2 Year-58.14%
3 Year-36.84%
5 Year-14.29%
10 Year-57.14%
15 Year-80.43%
Volatility
ATR(14)0.01
ATR(20)%5.21%
ATR Inc-73.58%
Range Today0.01
ADR(20)0.01
ADR(20)%3.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.31
Mansfield-2.27
10 Day High0.4
10 Day Low0.34
20 Day High0.48
20 Day Low0.31
52 Week High0.61
52 Week Low0.31
CS1 End0.36
CR1 Start0.4
Volume & EV
DER(3)0%
DER(5)0%
Volume18.50K
Volume Incr-54.39%
Vol(5)31.16K
Vol(50)52.51K