METALLA ROYALTY & STREAMING (MTA) Stock Technical Analysis
USA - NYSEARCA:MTA - CA59124U6051 - Common Stock
6.64 USD
-0.09 (-1.34%)
6.64 USD
0 (0%)
Taking everything into account, MTA scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MTA has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MTA is one of the better performing stocks in the market, outperforming 94% of all stocks.
MTA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
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.
MTA is part of the Metals & Mining industry. There are 156 other stocks in this industry, MTA did better than 67% of them.
Although MTA has an excellent technical rating, the quality of the presented setup is not ideal 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
2.57
6.71
When analyzing the support we can see 3 important areas.
- Support @4.88 from a trend line in the daily time frame.
- Support @4.72 from a trend line in the daily time frame.
- Support @2.60 from a horizontal line in the weekly 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 | 94.43 | POSITIVE | MTA has a high relative strength, it outperformed 94.43% 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) | 65.87 | NEUTRAL | The RSI value for MTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MTA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.66 | NEUTRAL | The Stochastics value for MTA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.33 | MEDIUM VOLATILITY | The ATR as a percentage value for MTA suggests some volalility. |
| Average Directional Index/ADX (14) | 47.9 | 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)
6.64
-0.09 (-1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.34%
1 Week0.45%
2 Weeks7.62%
1 Month16.49%
3 Month60%
6 Month117.71%
12 Month84.44%
2 Year138.85%
3 Year44.66%
5 Year-10.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%4.33%
ATR Inc33.63%
Range Today0.33
ADR(20)0.28
ADR(20)%4.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.43
Mansfield7.02
10 Day High7.09
10 Day Low6.12
20 Day High7.09
20 Day Low5.31
52 Week High7.09
52 Week Low2.45
CS1 End4.88
CR1 StartN/A
Volume & EV
DER(3)-5.92%
DER(5)-3.3%
Volume765.60K
Volume Incr5.36%
Vol(5)765.86K
Vol(50)676.65K