METALLA ROYALTY & STREAMING (MTA) Technical Analysis
NYSEARCA:MTA • CA59124U6051
Current stock price
MTA Technical Rating and Analysis
Taking everything into account, MTA scores 4 out of 10 in our technical rating. Although MTA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month MTA has a been trading in the 6.19 - 9.25 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.
- Looking at the yearly performance, MTA did better than 91% of all other stocks. We also observe that the gains produced by MTA over the past year are nicely spread over this period.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- MTA is an average performer in the Metals & Mining industry, it outperforms 66% of 159 stocks in the same industry.
- MTA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MTA is lagging the market slightly.
MTA Weekly and Daily overview Charts
MTA Setup Rating and Analysis
MTA has an average technical rating and it also does not offer a high quality setup 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
MTA Support and Resistance Analysis
2.57
When analyzing the support we notice one important area.
- Support @2.60 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.05 to 7.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
MTA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for MTA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MTA is down. |
| ChartMill Relative Strength | 91.44 | POSITIVE | MTA has a high relative strength, it outperformed 91.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MTA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MTA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30.1 | NEUTRAL | The RSI value for MTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests MTA has a negative trend. |
| Stochastics (14,3) | 7.7 | OVERSOLD | The low Stochastics value suggests MTA may be oversold. |
| Average True Range in percent/ATR (20) | 8.87 | HIGH VOLATILITY | The high ATR as a percentage value for MTA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.13 | NEGATIVE | The low ADX value for MTA suggests a weak or negative trend. |
MTA Chart- and CandleStick Pattern Analysis
MTA Technicals: Chart, Performance Metrics, Trend & Indicators
6.24
-0.31 (-4.73%)
METALLA ROYALTY & STREAMING / MTA TA FAQ
Can you provide the ChartMill technical rating for METALLA ROYALTY & STREAMING?
ChartMill assigns a technical rating of 4 / 10 to MTA.
What is the current trend direction of METALLA ROYALTY & STREAMING (MTA) stock?
The current trend direction for METALLA ROYALTY & STREAMING (MTA) is Bearish.
What is the RSI signal for METALLA ROYALTY & STREAMING (MTA) stock?
METALLA ROYALTY & STREAMING (MTA) has an RSI value of 30.0972. This indicates that the stock is currently neutral.
Can you provide the MACD signal for METALLA ROYALTY & STREAMING?
The MACD indicator for METALLA ROYALTY & STREAMING (MTA) has a value of -0.173489, indicating a bearish trend.