MELKIOR RESOURCES INC (MKR.CA) Stock Technical Analysis
TSX-V:MKR - TSX Venture Exchange - CA58549W3030 - Common Stock - Currency: CAD
Overall MKR gets a technical rating of 8 out of 10. Although MKR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
MKR is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
The long and short term trends are both positive. This is looking good!
When compared to the yearly performance of all other stocks, MKR outperforms 42% of them, which is more or less in line with the market.
MKR is part of the Metals & Mining industry. There are 822 other stocks in this industry, MKR did better than 52% of them.
In the last month MKR has a been trading in the 0.07 - 0.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
MKR has an excellent technical rating, but the quality of the setup is only medium 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
0.07
0.11
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.07 to 0.07. 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 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.11 to 0.11. 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
CRS42.67
Mansfield-0.62
10 Day High0.12
10 Day Low0.1
20 Day High0.13
20 Day Low0.07
52 Week High0.17
52 Week Low0.07
Performance
1 Week-9.52%
2 Weeks-9.52%
1 Month35.71%
3 Month26.67%
6 Month5.56%
12 Month-24%
2 Year-48.65%
3 Year-62.75%
5 Year-17.39%
10 Year375%
15 Year-58.7%
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
RSI(14)50.81
LBB0.09
UBB0.12
TSX-V:MKR (3/7/2025, 7:00:00 PM)
0.095
-0.01 (-5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5%
1 Week-9.52%
2 Weeks-9.52%
1 Month35.71%
3 Month26.67%
6 Month5.56%
12 Month-24%
2 Year-48.65%
3 Year-62.75%
5 Year-17.39%
10 Year375%
15 Year-58.7%
Volatility
ATR(14)0.01
ATR(20)%9.74%
ATR Inc-75.86%
Range Today0
ADR(20)0.01
ADR(20)%6.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.67
Mansfield-0.62
10 Day High0.12
10 Day Low0.1
20 Day High0.13
20 Day Low0.07
52 Week High0.17
52 Week Low0.07
CS1 End0.09
CR1 Start0.1
Volume & EV
DER(3)0%
DER(5)-7.83%
Volume20.50K
Volume Incr-80.43%
Vol(5)18.60K
Vol(50)61.21K