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 3 out of 10. MEQ has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Warning: MEQ has an average volume of 3953 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
MEQ is part of the Real Estate Management & Development industry. There are 30 other stocks in this industry. MEQ outperforms 100% of them.
MEQ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MEQ is lagging the market slightly.
When compared to the yearly performance of all other stocks, MEQ outperforms 58% of them, which is more or less in line with the market.
In the last month MEQ has a been trading in the 193.15 - 211.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MEQ has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 197.58, a Stop Loss order could be placed below this zone.
More info and screens
188.09
214.72
We found 1 important support area.
- A support zone ranging from 189.99 to 197.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 203.40 to 204.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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
CRS58.14
Mansfield-0.19
10 Day High210.57
10 Day Low198.85
20 Day High211.85
20 Day Low193.15
52 Week High216.37
52 Week Low160
Performance
1 Week-0.85%
2 Weeks-4.18%
1 Month-4.96%
3 Month-1.34%
6 Month3.2%
12 Month17.54%
2 Year48.73%
3 Year59.35%
5 Year131.74%
10 Year419.21%
15 Year1819.5%
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)-0.64
RSI(14)45.75
LBB195.42
UBB213.24
TSX:MEQ (2/21/2025, 7:00:00 PM)
200.78
-2.22 (-1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-1.09%
1 Week-0.85%
2 Weeks-4.18%
1 Month-4.96%
3 Month-1.34%
6 Month3.2%
12 Month17.54%
2 Year48.73%
3 Year59.35%
5 Year131.74%
10 Year419.21%
15 Year1819.5%
Volatility
ATR(14)4.17
ATR(20)%2.04%
ATR Inc-7.34%
Range Today5.74
ADR(20)3.75
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.14
Mansfield-0.19
10 Day High210.57
10 Day Low198.85
20 Day High211.85
20 Day Low193.15
52 Week High216.37
52 Week Low160
CS1 End197.58
CR1 Start203.4
Volume & EV
DER(3)0.79%
DER(5)0.48%
Volume6.89K
Volume Incr4.54%
Vol(5)4.27K
Vol(50)3.95K