Logo image of MTAL

MAC COPPER LTD (MTAL) Stock Technical Analysis

NYSE:MTAL - New York Stock Exchange, Inc. - JE00BQBC8469 - Common Stock - Currency: USD

12.03  -0.06 (-0.5%)

After market: 12.03 0 (0%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to MTAL. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MTAL is only an average performer.

MTAL is part of the Metals & Mining industry. There are 154 other stocks in this industry, of which 62% are performing better than MTAL.
Both the short term and long term trends are positive. This is a very positive sign.
MTAL 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.
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 61% of all stocks.
MTAL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MTAL is lagging the market.
In the last month MTAL has a been trading in a tight range between 11.94 and 12.50.
Weekly and Daily overview Charts
MAC COPPER LTD / MTAL Weekly stock chart
MAC COPPER LTD / MTAL Daily stock chart
Setup Rating and Analysis

7

MTAL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.08, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

11.81

12.54

We found 1 important support area.

  • A support zone ranging from 11.93 to 12.02. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 12.07 to 12.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for MTAL is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for MTAL is up.
ChartMill Relative Strength61.24NEUTRALMTAL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of MTAL is below a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of MTAL is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of MTAL is above the rising SMA(200).
Relative Strength Index/RSI (14)60.24NEUTRALThe RSI value for MTAL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.09NEGATIVEThe MACD value suggests MTAL has a negative trend, although the MACD value is rising.
Stochastics (14,3)40.48NEUTRALThe Stochastics value for MTAL is a neutral value.
Average True Range in percent/ATR (20)1.19LOW VOLATILITYThe low ATR as a percentage value for MTAL suggests low volalility.
Average Directional Index/ADX (14)48.44POSITIVEThe high ADX value value for MTAL suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
12.1811.940.24 (1.97%)25.00%
An entry @12.18. This is a Buy Stop order right above the 10 day high.An exit @11.94. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.24 points, which is 1.97%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.49%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MAC COPPER LTD / MTAL Daily stock chart

MAC COPPER LTD

NYSE:MTAL (7/3/2025, 7:51:29 PM)

After market: 12.03 0 (0%)

12.03

-0.06 (-0.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.5%
1 Week-0.33%
2 Weeks0.75%
1 Month-2.67%
3 Month47.43%
6 Month13.38%
12 Month-17.6%
2 Year16.46%
3 Year23.01%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%1.19%
ATR Inc23.78%
Range Today0.08
ADR(20)0.14
ADR(20)%1.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.24
Mansfield-0.21
10 Day High12.17
10 Day Low11.95
20 Day High12.5
20 Day Low11.94
52 Week High14.93
52 Week Low7.69
CS1 End12.08
CR1 Start12.15
Volume & EV
DER(3)2.55%
DER(5)1.37%
Volume676.30K
Volume Incr55.57%
Vol(5)1.12M
Vol(50)663.90K