MENE INC (MENE.CA) Stock Technical Analysis
TSX-V:MENE - TSX Venture Exchange - CA58680T1012 - Common Stock - Currency: CAD
Taking everything into account, MENE scores 5 out of 10 in our technical rating. MENE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
83% of all other stocks performed better in the past year than MENE.
MENE is one of the lesser performing stocks in the Textiles, Apparel & Luxury Goods industry. 100% of 5 stocks in the same industry do better.
MENE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: MENE has an average volume of 25234 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month MENE has a been trading in the 0.11 - 0.15 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MENE has an average technical rating and the quality of the presented setup is also not ideal 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
0.10
0.15
4 important support areas can be observed.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.11 from a trend line in the weekly time frame.
- Support @0.10 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.82
Mansfield-2.23
10 Day High0.14
10 Day Low0.11
20 Day High0.15
20 Day Low0.11
52 Week High0.28
52 Week Low0.08
Performance
1 Week4%
2 Weeks4%
1 Month0%
3 Month18.18%
6 Month36.84%
12 Month-48%
2 Year-65.33%
3 Year-78.33%
5 Year-67.5%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)51.38
LBB0.12
UBB0.14
TSX-V:MENE (2/21/2025, 7:00:00 PM)
0.13
-0.01 (-7.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-7.14%
1 Week4%
2 Weeks4%
1 Month0%
3 Month18.18%
6 Month36.84%
12 Month-48%
2 Year-65.33%
3 Year-78.33%
5 Year-67.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%5.19%
ATR Inc16.67%
Range Today0.01
ADR(20)0
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.82
Mansfield-2.23
10 Day High0.14
10 Day Low0.11
20 Day High0.15
20 Day Low0.11
52 Week High0.28
52 Week Low0.08
CS1 End0.13
CR1 Start0.14
Volume & EV
DER(3)9.9%
DER(5)5.94%
Volume14.00K
Volume Incr-27.37%
Vol(5)20.95K
Vol(50)25.23K