MTY FOOD GROUP INC (MTY.CA) Stock Technical Analysis
TSX:MTY - CA55378N1078 - Common Stock
38.25 CAD
-0.25 (-0.65%)
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
85% of all other stocks performed better in the past year 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 the 37.44 - 39.85 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
MTY is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 41% of 18 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, MTY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 37.88, a Stop Loss order could be placed below this zone.
More info and screens
37.16
46.76
When analyzing the support we notice one important 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.
We can see 6 important resistance areas.
- A resistance zone ranging from 38.33 to 38.80. 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 39.57 to 40.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @41.07 from a trend line in the weekly time frame.
- A resistance zone ranging from 43.10 to 43.41. 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 | 15.77 | NEGATIVE | MTY.CA has a low relative strength, it was outperformed by 84.23% 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) | 41.34 | NEUTRAL | The RSI value for MTY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MTY.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 31.56 | NEUTRAL | The Stochastics value for MTY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for MTY.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.16 | 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 (9/2/2025, 7:00:00 PM)
38.25
-0.25 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.65%
1 Week-1.87%
2 Weeks-3.04%
1 Month-0.34%
3 Month-7.65%
6 Month-14.43%
12 Month-7.99%
2 Year-34.07%
3 Year-32.91%
5 Year15.59%
10 Year20.17%
15 Year213.53%
Volatility
ATR(14)0.67
ATR(20)%1.96%
ATR Inc-35.02%
Range Today0.48
ADR(20)0.72
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.77
Mansfield-1.89
10 Day High39.85
10 Day Low37.9
20 Day High39.85
20 Day Low37.44
52 Week High53.16
52 Week Low36.79
CS1 End37.88
CR1 Start38.33
Volume & EV
DER(3)-0.03%
DER(5)1.02%
Volume39.16K
Volume Incr-28.78%
Vol(5)33.85K
Vol(50)62.62K