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 2 out of 10 to MFI. Recently some decent action could be observed, but in the medium term time frame this is still negative. MFI was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, MFI is a bad performer in the overall market: 74% of all stocks are doing better.
MFI is one of the lesser performing stocks in the Food Products industry. 80% of 16 stocks in the same industry do better.
In the last month MFI has a been trading in the 20.47 - 21.92 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
MFI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MFI is lagging the market.
Although the technical rating is bad, MFI does present a nice setup opportunity. 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 21.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.51, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.48
24.11
When analyzing the support we can see 2 important areas.
- A support zone ranging from 21.10 to 21.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.68 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 21.81 to 22.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 22.51 to 23.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.87 from a trend 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
CRS26.42
Mansfield-1.08
10 Day High21.8
10 Day Low21.11
20 Day High21.92
20 Day Low20.47
52 Week High25.96
52 Week Low19.61
Performance
1 Week2.88%
2 Weeks2.11%
1 Month2.74%
3 Month-3.71%
6 Month-5.63%
12 Month-5.39%
2 Year-21.31%
3 Year-18.43%
5 Year-2.68%
10 Year-4.05%
15 Year104.89%
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)0.04
RSI(14)57.41
LBB21.03
UBB21.84
TSX:MFI (2/21/2025, 7:00:00 PM)
21.78
+0.17 (+0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.79%
1 Week2.88%
2 Weeks2.11%
1 Month2.74%
3 Month-3.71%
6 Month-5.63%
12 Month-5.39%
2 Year-21.31%
3 Year-18.43%
5 Year-2.68%
10 Year-4.05%
15 Year104.89%
Volatility
ATR(14)0.42
ATR(20)%1.91%
ATR Inc-36.78%
Range Today0.32
ADR(20)0.39
ADR(20)%1.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.42
Mansfield-1.08
10 Day High21.8
10 Day Low21.11
20 Day High21.92
20 Day Low20.47
52 Week High25.96
52 Week Low19.61
CS1 End21.51
CR1 Start21.81
Volume & EV
DER(3)-4.08%
DER(5)-2.35%
Volume240.62K
Volume Incr-24.48%
Vol(5)129.85K
Vol(50)186.11K