Mountain Valley MD Holdings Inc. (MVMD.CA) Stock Technical Analysis
Canada - Canadian Securities Exchange - CNSX:MVMD -
Taking everything into account, MVMD scores 6 out of 10 in our technical rating. In the last year, MVMD was one of the better performers, but we do observe some doubts in the very recent evolution.
MVMD has an average technical rating and also the quality of the setup is only medium 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
1.03
We found 1 important support area.
- Support @1.04 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.21 to 1.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.52 to 1.53. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for MVMD.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MVMD.CA is down. |
| ChartMill Relative Strength | 98.89 | POSITIVE | MVMD.CA has a high relative strength, it outperformed 98.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MVMD.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MVMD.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MVMD.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.9 | NEUTRAL | The RSI value for MVMD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MVMD.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.32 | NEUTRAL | The Stochastics value for MVMD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 15.94 | HIGH VOLATILITY | The high ATR as a percentage value for MVMD.CA suggests high volalility. |
Mountain Valley MD Holdings Inc.
CNSX:MVMD (4/8/2021, 8:30:27 PM)
1.12
-0.02 (-1.75%)
Mountain Valley MD Holdings Inc. / MVMD.CA FAQ
Can you provide the ChartMill technical rating for Mountain Valley MD Holdings Inc.?
ChartMill assigns a technical rating of 5 / 10 to MVMD.CA.
Can you provide the trend direction for Mountain Valley MD Holdings Inc.?
The current trend direction for Mountain Valley MD Holdings Inc. (MVMD.CA) is Bullish.
What is the RSI signal for Mountain Valley MD Holdings Inc. (MVMD.CA) stock?
Mountain Valley MD Holdings Inc. (MVMD.CA) has an RSI value of 40.8979. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Mountain Valley MD Holdings Inc.?
The short term momentum for Mountain Valley MD Holdings Inc. (MVMD.CA) is negative.
Can you provide the support and resistance levels for Mountain Valley MD Holdings Inc.?
Mountain Valley MD Holdings Inc. (MVMD.CA) has a support level at 1.04 and a resistance level at 1.21. Check the full technical report for our detailed analysis of MVMD.CA support and resistance levels.