MULLEN GROUP LTD (MTL-DB.CA) Stock Technical Analysis
TSX:MTL-DB - CA625284AC82
106.5 CAD
-0.5 (-0.47%)
Taking everything into account, MTL-DB scores 1 out of 10 in our technical rating. MTL-DB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
82% of all other stocks performed better in the past year than MTL-DB.
MTL-DB is one of the lesser performing stocks in the Ground Transportation industry. 60% of 6 stocks in the same industry do better.
MTL-DB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MTL-DB has a been trading in the 105.01 - 119.99 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
MTL-DB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 106.00, a Stop Loss order could be placed below this zone.
More info and screens
101.97
124.94
When analyzing the support we can see 2 important areas.
- A support zone ranging from 105.00 to 106.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @103.00 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 107.24 to 109.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 115.90 to 123.70. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for MTL-DB.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MTL-DB.CA is neutral. |
| ChartMill Relative Strength | 18.61 | NEGATIVE | MTL-DB.CA has a low relative strength, it was outperformed by 81.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MTL-DB.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MTL-DB.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MTL-DB.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.63 | NEUTRAL | The RSI value for MTL-DB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests MTL-DB.CA has a negative trend. |
| Stochastics (14,3) | 16.53 | OVERSOLD | The low Stochastics value suggests MTL-DB.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for MTL-DB.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.99 | NEGATIVE | The low ADX value for MTL-DB.CA suggests a weak or negative 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)
TSX:MTL-DB (9/3/2025, 7:00:00 PM)
106.5
-0.5 (-0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-0.47%
1 Week1.03%
2 Weeks0.38%
1 Month0.95%
3 Month-5.54%
6 Month-5.75%
12 Month-2.65%
2 Year-2.96%
3 Year-5.86%
5 Year5.97%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.03
ATR(20)%2.27%
ATR Inc-57.34%
Range Today0.51
ADR(20)0.81
ADR(20)%0.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.61
Mansfield-1.85
10 Day High110.5
10 Day Low105.01
20 Day High119.99
20 Day Low105.01
52 Week High122
52 Week Low103
CS1 End106
CR1 Start107.24
Volume & EV
DER(3)0%
DER(5)0%
Volume46.00K
Volume Incr13.65%
Vol(5)50.80K
Vol(50)37.58K