MAPLE LEAF FOODS INC (MFI.CA) Stock Technical Analysis
TSX:MFI - Toronto Stock Exchange - CA5649051078 - Common Stock - Currency: CAD
We assign a technical rating of 7 out of 10 to MFI. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MFI is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
MFI is part of the Food Products industry. There are 19 other stocks in this industry. MFI outperforms 83% of them.
MFI is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so MFI slightly outperforms the market at the moment.
In the last month MFI has a been trading in the 22.57 - 25.69 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.
Looking at the yearly performance, MFI did better than 77% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, MFI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 25.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MFI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
22.50
26.12
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.36 to 24.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.50 to 23.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.73 to 22.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 24.53 to 24.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.46 to 25.86. 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
CRS77.09
Mansfield1.13
10 Day High25.11
10 Day Low23.7
20 Day High25.69
20 Day Low22.57
52 Week High26.1
52 Week Low19.61
Performance
1 Week0.98%
2 Weeks5.03%
1 Month-0.32%
3 Month16.29%
6 Month16.4%
12 Month4.68%
2 Year-10.52%
3 Year-12.2%
5 Year-3.46%
10 Year7.3%
15 Year157.68%
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)0.07
RSI(14)55.44
LBB22.93
UBB25.46
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 |
|---|---|---|---|
| 25.12 | 24.35 | 0.77 (3.07%) | 25.00% |
| An entry @25.12. This is a Buy Stop order right above the 10 day high. | An exit @24.35. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.77 points, which is 3.07%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%. |
- The distance between exit and entry is rather small compared to the average daily movement of MFI. Please evaluate whether better entry and exit points can be found.
- 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:MFI (4/29/2025, 7:00:00 PM)
24.49
-0.17 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.69%
1 Week0.98%
2 Weeks5.03%
1 Month-0.32%
3 Month16.29%
6 Month16.4%
12 Month4.68%
2 Year-10.52%
3 Year-12.2%
5 Year-3.46%
10 Year7.3%
15 Year157.68%
Volatility
ATR(14)0.64
ATR(20)%2.83%
ATR Inc-53.31%
Range Today0.41
ADR(20)0.69
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.09
Mansfield1.13
10 Day High25.11
10 Day Low23.7
20 Day High25.69
20 Day Low22.57
52 Week High26.1
52 Week Low19.61
CS1 End24.83
CR1 Start25.46
Volume & EV
DER(3)9.56%
DER(5)8.39%
Volume65.03K
Volume Incr-23.92%
Vol(5)159.71K
Vol(50)254.20K