METALLA ROYALTY & STREAMING (MTA) Stock Technical Analysis
USA - NYSEARCA:MTA - CA59124U6051 - Common Stock
5.56 USD
+0.04 (+0.72%)
5.566 USD
+0.01 (+0.11%)
We assign a technical rating of 10 out of 10 to MTA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MTA is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, MTA did better than 93% of all other stocks.
MTA is part of the Metals & Mining industry. There are 156 other stocks in this industry. MTA outperforms 70% of them.
MTA 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 MTA is lagging the market slightly.
MTA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Besides having an excellent technical rating, MTA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
2.48
5.90
When analyzing the support we can see 4 important areas.
- Support @5.46 from a horizontal line in the daily time frame.
- Support @4.55 from a trend line in the daily time frame.
- Support @2.60 from a horizontal line in the weekly time frame.
- Support @2.51 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @5.84 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 MTA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTA is up. |
| ChartMill Relative Strength | 93.27 | POSITIVE | MTA has a high relative strength, it outperformed 93.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.23 | NEUTRAL | The RSI value for MTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MTA has a negative trend. |
| Stochastics (14,3) | 52.21 | NEUTRAL | The Stochastics value for MTA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.17 | HIGH VOLATILITY | The high ATR as a percentage value for MTA suggests high volalility. |
| Average Directional Index/ADX (14) | 38.92 | POSITIVE | The high ADX value value for MTA 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)
5.56
+0.04 (+0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.72%
1 Week-4.63%
2 Weeks2.58%
1 Month31.44%
3 Month61.16%
6 Month86.58%
12 Month70.03%
2 Year81.7%
3 Year43.3%
5 Year-29.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%5.17%
ATR Inc-19.52%
Range Today0.18
ADR(20)0.28
ADR(20)%5.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.27
Mansfield4.63
10 Day High5.94
10 Day Low5.31
20 Day High5.94
20 Day Low4.15
52 Week High5.94
52 Week Low2.45
CS1 End5.46
CR1 Start5.84
Volume & EV
DER(3)2.74%
DER(5)1.77%
Volume579.90K
Volume Incr48.32%
Vol(5)1.08M
Vol(50)577.49K