MTY FOOD GROUP INC (MTY.CA) Stock Technical Analysis
TSX:MTY - Toronto Stock Exchange - CA55378N1078 - Common Stock - Currency: CAD
We assign a technical rating of 1 out of 10 to MTY. 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.
75% of all other stocks performed better in the past year than MTY.
MTY is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 61% of 19 stocks in the same industry do better.
MTY is currently trading in the lower part 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.
In the last month MTY has a been trading in the 40.33 - 43.29 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
MTY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
37.49
47.64
When analyzing the support we notice one important area.
- Support @37.87 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 41.17 to 42.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 44.35 to 44.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @46.31 from a horizontal line in the daily time frame.
- Resistance @47.17 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 | DOWN | NEGATIVE | The short term trend for MTY.CA is down. |
| ChartMill Relative Strength | 25.57 | NEGATIVE | MTY.CA has a low relative strength, it was outperformed by 74.43% 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) | UP | MIXED | The current price of MTY.CA is below the rising 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) | 41.7 | NEUTRAL | The RSI value for MTY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests MTY.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.64 | OVERSOLD | The low Stochastics value suggests MTY.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for MTY.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 24.15 | NEUTRAL | The ADX value for MTY.CA suggests a possible start of a new 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 (6/17/2025, 7:00:00 PM)
41.04
+0.07 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.17%
1 Week-0.63%
2 Weeks-2.56%
1 Month-5.02%
3 Month-1.96%
6 Month-13.2%
12 Month-5.11%
2 Year-32.27%
3 Year-19.92%
5 Year68.61%
10 Year23.91%
15 Year287.17%
Volatility
ATR(14)0.63
ATR(20)%1.76%
ATR Inc16.6%
Range Today0.88
ADR(20)0.69
ADR(20)%1.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.57
Mansfield-1.15
10 Day High42.16
10 Day Low40.33
20 Day High43.29
20 Day Low40.33
52 Week High53.16
52 Week Low36.79
CS1 End37.87
CR1 Start41.17
Volume & EV
DER(3)-2.03%
DER(5)-9.88%
Volume98.34K
Volume Incr71.99%
Vol(5)59.20K
Vol(50)42.17K