MTY FOOD GROUP INC (MTY.CA) Stock Technical Analysis
Canada - TSX:MTY - CA55378N1078 - Common Stock
38.44 CAD
-0.15 (-0.39%)
Taking everything into account, MTY scores 0 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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MTY is a bad performer in the overall market: 85% of all stocks are doing better.
MTY is part of the Hotels, Restaurants & Leisure industry. There are 18 other stocks in this industry, of which 64% are performing better than MTY.
MTY is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MTY has a been trading in a tight range between 37.90 and 39.85.
Although the technical rating is bad, MTY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 38.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.88, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MTY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
37.16
46.76
We found 1 important support area.
- A support zone ranging from 37.54 to 37.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 38.51 to 38.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 39.47 to 39.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @40.85 from a trend line in the weekly time frame.
- A resistance zone ranging from 42.90 to 43.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @44.96 from a horizontal line in the daily time frame.
- Resistance @46.30 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for MTY.CA is down. |
| ChartMill Relative Strength | 15.75 | NEGATIVE | MTY.CA has a low relative strength, it was outperformed by 84.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTY.CA is below a declining 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) | 44.52 | NEUTRAL | The RSI value for MTY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MTY.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.74 | NEUTRAL | The Stochastics value for MTY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for MTY.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 9.64 | NEGATIVE | The low ADX value for MTY.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:MTY (9/12/2025, 7:00:00 PM)
38.44
-0.15 (-0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.39%
1 Week-1.23%
2 Weeks0.18%
1 Month-2.16%
3 Month-4.73%
6 Month-8.59%
12 Month-9.08%
2 Year-33.75%
3 Year-32.57%
5 Year16.17%
10 Year20.77%
15 Year215.08%
Volatility
ATR(14)0.59
ATR(20)%1.6%
ATR Inc-12.2%
Range Today0.3
ADR(20)0.59
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.75
Mansfield-2.03
10 Day High38.94
10 Day Low37.9
20 Day High39.85
20 Day Low37.9
52 Week High53.16
52 Week Low36.79
CS1 End37.88
CR1 Start38.51
Volume & EV
DER(3)12.74%
DER(5)15.46%
Volume65.60K
Volume Incr54.97%
Vol(5)69.56K
Vol(50)60.78K