MILLENNIAL POTASH CORP (MLP.CA) Stock Technical Analysis
TSX-V:MLP - TSX Venture Exchange - CA60041F1018 - Common Stock - Currency: CAD
Taking everything into account, MLP scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MLP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, MLP did better than 97% of all other stocks. We also observe that the gains produced by MLP over the past year are nicely spread over this period.
A new 52 week high is currently being made by MLP, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so MLP is leading the market.
In the last month MLP has a been trading in the 0.37 - 0.55 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MLP has an excellent technical rating, it does not present a decent entry opportunity 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
0.38
0.56
3 important support areas can be observed.
- Support @0.49 from a horizontal line in the daily time frame.
- Support @0.44 from a trend line in the daily time frame.
- Support @0.38 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.33
Mansfield9.18
10 Day High0.55
10 Day Low0.46
20 Day High0.55
20 Day Low0.37
52 Week High0.55
52 Week Low0.17
Performance
1 Week7.84%
2 Weeks5.77%
1 Month26.44%
3 Month89.66%
6 Month197.3%
12 Month150%
2 Year27.91%
3 YearN/A
5 YearN/A
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
RSI(14)68.61
LBB0.46
UBB0.56
TSX-V:MLP (3/7/2025, 7:00:00 PM)
0.55
+0.02 (+3.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.77%
1 Week7.84%
2 Weeks5.77%
1 Month26.44%
3 Month89.66%
6 Month197.3%
12 Month150%
2 Year27.91%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%5.95%
ATR Inc-55.32%
Range Today0.02
ADR(20)0.03
ADR(20)%5.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.33
Mansfield9.18
10 Day High0.55
10 Day Low0.46
20 Day High0.55
20 Day Low0.37
52 Week High0.55
52 Week Low0.17
CS1 End0.49
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)-11.93%
Volume41.45K
Volume Incr-55.45%
Vol(5)48.22K
Vol(50)75.90K