MTY FOOD GROUP INC (MTY.CA) Stock Technical Analysis
TSX:MTY - Toronto Stock Exchange - CA55378N1078 - Common Stock - Currency: CAD
Taking everything into account, MTY scores 1 out of 10 in our technical rating. MTY 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 MTY.
MTY is part of the Hotels, Restaurants & Leisure industry. There are 19 other stocks in this industry, of which 72% are performing better than MTY.
MTY 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 MTY has a been trading in the 39.68 - 46.21 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of MTY 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.
More info and screens
37.49
48.29
2 important support areas can be observed.
- Support @38.98 from a horizontal line in the weekly time frame.
- Support @37.87 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 41.65 to 43.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @44.67 from a horizontal line in the weekly time frame.
- Resistance @46.31 from a horizontal line in the daily time frame.
- Resistance @47.81 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 | DOWN | NEGATIVE | The long term trend for MTY.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MTY.CA is neutral. |
| ChartMill Relative Strength | 18.26 | NEGATIVE | MTY.CA has a low relative strength, it was outperformed by 81.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MTY.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MTY.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MTY.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.21 | NEUTRAL | The RSI value for MTY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MTY.CA has a negative trend. |
| Stochastics (14,3) | 36.28 | NEUTRAL | The Stochastics value for MTY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for MTY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.4 | POSITIVE | The high ADX value value for MTY.CA suggests a strong 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:MTY (7/14/2025, 7:00:00 PM)
40.64
+0.81 (+2.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg2.03%
1 Week-6.36%
2 Weeks-1.5%
1 Month0.72%
3 Month1.4%
6 Month-10.94%
12 Month-12.58%
2 Year-39.46%
3 Year-29.63%
5 Year40.62%
10 Year9.45%
15 Year258.06%
Volatility
ATR(14)1.34
ATR(20)%2.79%
ATR Inc303.68%
Range Today1.37
ADR(20)1.03
ADR(20)%2.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.26
Mansfield-1.48
10 Day High46.21
10 Day Low39.68
20 Day High46.21
20 Day Low39.68
52 Week High53.16
52 Week Low36.79
CS1 End38.98
CR1 Start41.65
Volume & EV
DER(3)-5.74%
DER(5)1.45%
Volume142.66K
Volume Incr104.59%
Vol(5)129.24K
Vol(50)53.87K