MAINSTREET EQUITY CORP (MEQ.CA) Stock Technical Analysis
TSX:MEQ - Toronto Stock Exchange - CA5609151009 - Common Stock - Currency: CAD
Overall MEQ gets a technical rating of 1 out of 10. MEQ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
Warning: MEQ has an average volume of 4430 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month MEQ has a been trading in the 179.50 - 193.81 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.
When comparing the performance of all stocks over the past year, MEQ turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
MEQ is an average performer in the Real Estate Management & Development industry, it outperforms 55% of 28 stocks in the same industry.
MEQ is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
MEQ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 184.31, a Stop Loss order could be placed below this zone.
More info and screens
179.82
214.72
When analyzing the support we notice one important area.
- A support zone ranging from 181.64 to 184.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @197.58 from a horizontal line in the daily time frame.
- Resistance @200.98 from a trend line in the daily time frame.
- A resistance zone ranging from 209.55 to 212.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.8
Mansfield-0.09
10 Day High193.74
10 Day Low181.11
20 Day High193.81
20 Day Low179.5
52 Week High216.37
52 Week Low160
Performance
1 Week-1.42%
2 Weeks1.64%
1 Month-1.8%
3 Month-9.58%
6 Month-9.79%
12 Month5.68%
2 Year42.53%
3 Year55.39%
5 Year220.75%
10 Year400.13%
15 Year1698.84%
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)0.72
RSI(14)46.49
LBB180.82
UBB192.47
TSX:MEQ (4/29/2025, 7:00:00 PM)
186
-2 (-1.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-1.06%
1 Week-1.42%
2 Weeks1.64%
1 Month-1.8%
3 Month-9.58%
6 Month-9.79%
12 Month5.68%
2 Year42.53%
3 Year55.39%
5 Year220.75%
10 Year400.13%
15 Year1698.84%
Volatility
ATR(14)4.75
ATR(20)%2.7%
ATR Inc0.83%
Range Today4.32
ADR(20)4.68
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.8
Mansfield-0.09
10 Day High193.74
10 Day Low181.11
20 Day High193.81
20 Day Low179.5
52 Week High216.37
52 Week Low160
CS1 End184.31
CR1 Start197.58
Volume & EV
DER(3)-4.25%
DER(5)-6.89%
Volume3.94K
Volume Incr-32.46%
Vol(5)2.94K
Vol(50)4.43K