MARTELLO TECHNOLOGIES GROUP (MTLO.CA) Stock Technical Analysis
TSX-V:MTLO - TSX Venture Exchange - CA5730741017 - Common Stock - Currency: CAD
We assign a technical rating of 4 out of 10 to MTLO. In the last year, MTLO was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month MTLO has a been trading in the 0.01 - 0.01 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, MTLO did better than 77% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
MTLO is an average performer in the IT Services industry, it outperforms 66% of 13 stocks in the same industry.
MTLO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MTLO is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is only medium, MTLO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 0.01, a Stop Loss order could be placed below this zone.
More info and screens
0.01
0.02
We found 1 important support area.
- A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Strong resistance @0.01 from a horizontal line in the daily time frame.
- Resistance @0.02 from a trend line in the weekly time frame.
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 MTLO.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MTLO.CA is neutral. |
| ChartMill Relative Strength | 77.27 | POSITIVE | MTLO.CA has a high relative strength, it outperformed 77.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MTLO.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MTLO.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MTLO.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.54 | NEUTRAL | The RSI value for MTLO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MTLO.CA has a positive trend. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests MTLO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 21.67 | HIGH VOLATILITY | The high ATR as a percentage value for MTLO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.93 | NEGATIVE | The low ADX value for MTLO.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-V:MTLO (7/3/2025, 7:00:00 PM)
0.015
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0%
1 Week50%
2 Weeks50%
1 Month0%
3 Month50%
6 Month50%
12 Month0%
2 Year-25%
3 Year-50%
5 Year-91.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%21.67%
ATR Inc75%
Range Today0
ADR(20)0
ADR(20)%10%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.27
Mansfield0.74
10 Day High0.02
10 Day Low0.01
20 Day High0.02
20 Day Low0.01
52 Week High0.02
52 Week Low0.01
CS1 End0.01
CR1 Start0.01
Volume & EV
DER(3)0%
DER(5)0%
Volume2.55M
Volume Incr1117.2%
Vol(5)556.12K
Vol(50)111.71K