MULLEN GROUP LTD (MTL-DB.CA) Stock Technical Analysis
TSX:MTL-DB - Toronto Stock Exchange - CA625284AC82 - Currency: CAD
Overall MTL-DB gets a technical rating of 2 out of 10. 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.
When comparing the yearly performance of all stocks, MTL-DB is a bad performer in the overall market: 77% of all stocks are doing better.
MTL-DB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MTL-DB is lagging the market.
MTL-DB is one of the better performing stocks in the Ground Transportation industry, it outperforms 80% of 6 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month MTL-DB has a been trading in the 103.00 - 119.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MTL-DB has a poor technical rating and the quality of the setup is also only medium 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
101.97
124.94
We found 2 important support 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.
When analyzing the resistance we notice 3 important areas.
- Resistance @115.90 from a horizontal line in the daily time frame.
- A resistance zone ranging from 118.85 to 121.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 123.70 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 | NEUTRAL | NEUTRAL | The long term trend for MTL-DB.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MTL-DB.CA is neutral. |
| ChartMill Relative Strength | 23.23 | NEGATIVE | MTL-DB.CA has a low relative strength, it was outperformed by 76.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTL-DB.CA is above 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) | 52.69 | NEUTRAL | The RSI value for MTL-DB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests MTL-DB.CA has a positive trend. |
| Stochastics (14,3) | 19.28 | OVERSOLD | The low Stochastics value suggests MTL-DB.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for MTL-DB.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.15 | 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 (7/31/2025, 7:00:00 PM)
110.5
+3.12 (+2.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg2.91%
1 Week1.65%
2 Weeks0.06%
1 Month5.24%
3 Month-2.12%
6 Month-2.21%
12 Month-0.5%
2 Year-9.55%
3 Year-2.21%
5 Year16.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.58
ATR(20)%2.06%
ATR Inc-21.45%
Range Today4
ADR(20)0.91
ADR(20)%0.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.23
Mansfield-1.59
10 Day High119.99
10 Day Low106.1
20 Day High119.99
20 Day Low103
52 Week High122
52 Week Low103
CS1 End106
CR1 Start115.9
Volume & EV
DER(3)0%
DER(5)0%
Volume291.00K
Volume Incr212.45%
Vol(5)82.80K
Vol(50)62.84K