MTY FOOD GROUP INC (MTY.CA) Stock Technical Analysis
TSX:MTY - Toronto Stock Exchange - CA55378N1078 - Common Stock - Currency: CAD
Overall MTY gets a technical rating of 3 out of 10. 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.
69% of all other stocks performed better in the past year than MTY.
MTY is part of the Hotels, Restaurants & Leisure industry. There are 17 other stocks in this industry, of which 68% are performing better than MTY.
In the last month MTY has a been trading in the 41.31 - 46.36 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
MTY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MTY is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
The technical rating of MTY is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
37.49
48.46
We found 1 important support area.
- Support @37.87 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 44.54 to 44.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 46.03 to 46.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @47.98 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 MTY.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MTY.CA is neutral. |
| ChartMill Relative Strength | 31.69 | NEUTRAL | MTY.CA is not amongst the best or worst performers 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) | 42.5 | NEUTRAL | The RSI value for MTY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests MTY.CA has a negative trend. |
| Stochastics (14,3) | 25.84 | NEUTRAL | The Stochastics value for MTY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for MTY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.07 | 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 (5/22/2025, 7:00:00 PM)
41.86
-1.35 (-3.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-3.12%
1 Week-7.71%
2 Weeks-3.46%
1 Month2.27%
3 Month-1.64%
6 Month-9.01%
12 Month-5.42%
2 Year-27.08%
3 Year-21.12%
5 Year69.02%
10 Year23.78%
15 Year273.11%
Volatility
ATR(14)1.13
ATR(20)%2.67%
ATR Inc60.27%
Range Today1.03
ADR(20)1.08
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.69
Mansfield-1.05
10 Day High46.36
10 Day Low41.9
20 Day High46.36
20 Day Low41.31
52 Week High53.16
52 Week Low36.79
CS1 End37.87
CR1 Start44.54
Volume & EV
DER(3)-6.94%
DER(5)-0.15%
Volume28.11K
Volume Incr-2.31%
Vol(5)32.01K
Vol(50)61.07K