MAC COPPER LTD (MTAL) Stock Technical Analysis
NYSE:MTAL - New York Stock Exchange, Inc. - JE00BQBC8469 - Common Stock - Currency: USD
Taking everything into account, MTAL scores 7 out of 10 in our technical rating. MTAL has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month MTAL has a been trading in the 8.61 - 12.79 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the performance of all stocks over the past year, MTAL turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
MTAL is part of the Metals & Mining industry. There are 153 other stocks in this industry, MTAL did better than 48% of them.
MTAL 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 MTAL is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MTAL has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.92
12.35
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.14 to 12.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.02 to 10.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 MTAL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTAL is up. |
| ChartMill Relative Strength | 57.04 | NEUTRAL | MTAL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTAL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTAL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTAL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.32 | OVERBOUGHT | The high RSI value suggests MTAL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests MTAL has a positive trend. |
| Stochastics (14,3) | 88 | OVERBOUGHT | The high Stochastics value suggests MTAL may be overbought. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for MTAL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.16 | NEUTRAL | The ADX value for MTAL suggests a possible start of a new 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)
NYSE:MTAL (5/29/2025, 9:35:02 AM)
12.23
+0.08 (+0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.66%
1 Week21.74%
2 Weeks20.78%
1 Month27.49%
3 Month20.66%
6 Month-4.33%
12 Month-18.18%
2 Year19.7%
3 Year22.48%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%3.51%
ATR Inc376.76%
Range Today0.11
ADR(20)0.31
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.04
Mansfield0.24
10 Day High12.8
10 Day Low9.54
20 Day High12.8
20 Day Low8.61
52 Week High14.93
52 Week Low7.69
CS1 End10.09
CR1 StartN/A
Volume & EV
DER(3)-1.66%
DER(5)-0.18%
Volume31.84K
Volume Incr170.09%
Vol(5)1.07M
Vol(50)497.23K