Canada - Toronto Stock Exchange - TSX:MTL-DB - CA625284AC82
We assign a technical rating of 0 out of 10 to MTL-DB. MTL-DB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of MTL-DB is bad and it also does not present a 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.
99.51
When analyzing the support we notice one important area.
3 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The short term trend for MTL-DB.CA is down. |
| ChartMill Relative Strength | 15.06 | NEGATIVE | MTL-DB.CA has a low relative strength, it was outperformed by 84.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTL-DB.CA is below a declining 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) | 34.41 | NEUTRAL | The RSI value for MTL-DB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests MTL-DB.CA has a negative trend. |
| Stochastics (14,3) | 21.88 | NEUTRAL | The Stochastics value for MTL-DB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for MTL-DB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 22.37 | NEUTRAL | The ADX value for MTL-DB.CA suggests a possible start of a new trend. |
TSX:MTL-DB (11/26/2025, 7:00:00 PM)
100.53
-0.47 (-0.47%)
ChartMill assigns a technical rating of 0 / 10 to MTL-DB.CA.
The current trend direction for MULLEN GROUP LTD (MTL-DB.CA) is Bearish.
MULLEN GROUP LTD (MTL-DB.CA) has an RSI value of 34.4107. This indicates that the stock is currently neutral.
The MACD indicator for MULLEN GROUP LTD (MTL-DB.CA) has a value of -0.237258, indicating a bearish trend.
The short term momentum for MULLEN GROUP LTD (MTL-DB.CA) is negative.