REKLAIM LTD (MYID.CA) Stock Technical Analysis
TSX-V:MYID - TSX Venture Exchange - CA7594021007 - Common Stock - Currency: CAD
Taking everything into account, MYID scores 8 out of 10 in our technical rating. MYID has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long and short term trends are both positive. This is looking good!
MYID is one of the better performing stocks in the Professional Services industry, it outperforms 100% of 5 stocks in the same industry.
In the last month MYID has a been trading in the 0.09 - 0.12 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that MYID is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this relatively good performance is mostly due to a recent big move.
MYID is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MYID is lagging the market.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, MYID also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.10, a Stop Loss order could be placed below this zone.
More info and screens
0.07
0.13
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.08 from a trend line in the weekly time frame.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.13 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 | UP | POSITIVE | The long term trend for MYID.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MYID.CA is up. |
| ChartMill Relative Strength | 82.5 | POSITIVE | MYID.CA has a high relative strength, it outperformed 82.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MYID.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MYID.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MYID.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.42 | NEUTRAL | The RSI value for MYID.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MYID.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for MYID.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.82 | HIGH VOLATILITY | The high ATR as a percentage value for MYID.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.09 | NEGATIVE | The low ADX value for MYID.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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.13 | 0.09 | 0.04 (30.77%) | 3.25% |
| An entry @0.13. This is a Buy Stop order right above the resistance zone. | An exit @0.09. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 30.77%. | For a 1.00% total portfolio risk, you can invest 3.25% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:MYID (7/11/2025, 7:00:00 PM)
0.11
+0.01 (+4.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg4.76%
1 Week0%
2 Weeks-4.35%
1 Month22.22%
3 Month46.67%
6 Month0%
12 Month22.22%
2 Year175%
3 Year57.14%
5 Year-51.11%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%6.82%
ATR Inc5%
Range Today0.01
ADR(20)0.01
ADR(20)%5.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.5
Mansfield0.93
10 Day High0.12
10 Day Low0.1
20 Day High0.12
20 Day Low0.09
52 Week High0.14
52 Week Low0.07
CS1 End0.1
CR1 Start0.12
Volume & EV
DER(3)0%
DER(5)0%
Volume81.00K
Volume Incr14.86%
Vol(5)135.39K
Vol(50)96.38K