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METALLIC MINERALS CORP (MMG.CA) Stock Technical Analysis

TSX-V:MMG - TSX Venture Exchange - CA59126M1068 - Common Stock - Currency: CAD

0.22  +0.02 (+7.32%)

Technical Rating and Analysis

7

Taking everything into account, MMG scores 7 out of 10 in our technical rating. In the last year, MMG was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month MMG has a been trading in the 0.17 - 0.23 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that MMG is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
MMG is an average performer in the Metals & Mining industry, it outperforms 62% of 822 stocks in the same industry.
MMG 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
METALLIC MINERALS CORP / MMG Weekly stock chart
METALLIC MINERALS CORP / MMG Daily stock chart
Setup Rating and Analysis

3

Although MMG has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

0.18

0.30

When analyzing the support we notice one important area.

  • A support zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

4 important resistance areas can be observed.

  • A resistance zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @0.28 from a trend line in the weekly time frame.
  • Resistance @0.29 from a trend line in the daily time frame.
  • Resistance @0.30 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.27
Mansfield-0.98
10 Day High0.22
10 Day Low0.17
20 Day High0.23
20 Day Low0.17
52 Week High0.4
52 Week Low0.13
Performance
1 Week15.79%
2 Weeks12.82%
1 Month12.82%
3 Month57.14%
6 Month18.92%
12 Month-31.25%
2 Year-41.33%
3 Year-50%
5 Year46.67%
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)61.78
LBB0.18
UBB0.22
METALLIC MINERALS CORP / MMG Daily stock chart

METALLIC MINERALS CORP

TSX-V:MMG (3/7/2025, 7:00:00 PM)

0.22

+0.02 (+7.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg7.32%
1 Week15.79%
2 Weeks12.82%
1 Month12.82%
3 Month57.14%
6 Month18.92%
12 Month-31.25%
2 Year-41.33%
3 Year-50%
5 Year46.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%7.05%
ATR Inc-20.45%
Range Today0.02
ADR(20)0.01
ADR(20)%6.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.27
Mansfield-0.98
10 Day High0.22
10 Day Low0.17
20 Day High0.23
20 Day Low0.17
52 Week High0.4
52 Week Low0.13
CS1 End0.18
CR1 Start0.23
Volume & EV
DER(3)0%
DER(5)-23.8%
Volume146.50K
Volume Incr96.47%
Vol(5)143.86K
Vol(50)120.06K