METALORE RESOURCES LTD (MET.CA) Stock Technical Analysis
TSX-V:MET - TSX Venture Exchange - CA5913071034 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to MET. MET scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
When comparing the yearly performance of all stocks, MET is a bad performer in the overall market: 65% of all stocks are doing better.
Warning: MET has an average volume of 1161 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
MET is part of the Oil, Gas & Consumable Fuels industry. There are 219 other stocks in this industry, MET did better than 60% of them.
MET 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.
In the last month MET has a been trading in the 2.20 - 2.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
MET has a poor technical rating and the quality of the setup is also not perfect 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
2.13
3.54
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.20 to 2.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.15 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @2.90 from a trend line in the daily time frame.
- Resistance @2.96 from a horizontal line in the daily time frame.
- Resistance @3.23 from a trend line in the weekly time frame.
- Resistance @3.50 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.2
Mansfield-2.55
10 Day High2.95
10 Day Low2.25
20 Day High2.95
20 Day Low2.2
52 Week High3.44
52 Week Low2.2
Performance
1 Week-11.86%
2 Weeks12.55%
1 Month-7.47%
3 Month-3.7%
6 Month-13.33%
12 Month1.96%
2 Year3.59%
3 Year8.33%
5 Year30%
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)0.01
RSI(14)50.46
LBB2
UBB2.8
TSX-V:MET (3/4/2025, 7:00:00 PM)
2.6
+0.1 (+4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg4%
1 Week-11.86%
2 Weeks12.55%
1 Month-7.47%
3 Month-3.7%
6 Month-13.33%
12 Month1.96%
2 Year3.59%
3 Year8.33%
5 Year30%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%6.04%
ATR Inc0%
Range Today0
ADR(20)0.02
ADR(20)%0.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.2
Mansfield-2.55
10 Day High2.95
10 Day Low2.25
20 Day High2.95
20 Day Low2.2
52 Week High3.44
52 Week Low2.2
CS1 End2.31
CR1 Start2.9
Volume & EV
DER(3)-73.33%
DER(5)-44.65%
Volume3.00K
Volume Incr240.16%
Vol(5)2.16K
Vol(50)1.16K