MAGNETIC NORTH ACQUISITION C (MNC.CA) Stock Technical Analysis
TSX-V:MNC - TSX Venture Exchange - CA55948L1022 - Common Stock - Currency: CAD
We assign a technical rating of 4 out of 10 to MNC. Although MNC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
MNC 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.
In the last month MNC has a been trading in the 0.06 - 0.26 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: MNC has an average volume of 13540 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, MNC did better than 93% of all other stocks.
MNC is one of the better performing stocks in the Capital Markets industry, it outperforms 95% of 82 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Considerably lower volume is observed in the last couple of days.
MNC has an average technical rating and it also 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.
More info and screens
0.06
0.09
When analyzing the support we can see 2 important areas.
- 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.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.26
Mansfield0.02
10 Day High0.26
10 Day Low0.07
20 Day High0.26
20 Day Low0.06
52 Week High0.26
52 Week Low0.01
Performance
1 Week-53.12%
2 Weeks-21.05%
1 Month-21.05%
3 Month-21.05%
6 Month87.5%
12 Month150%
2 Year50%
3 Year-64.29%
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)-0.01
RSI(14)44.61
LBB0.03
UBB0.2
TSX-V:MNC (3/6/2025, 7:00:00 PM)
0.075
-0.03 (-25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-25%
1 Week-53.12%
2 Weeks-21.05%
1 Month-21.05%
3 Month-21.05%
6 Month87.5%
12 Month150%
2 Year50%
3 Year-64.29%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%34%
ATR Inc0%
Range Today0.01
ADR(20)0.02
ADR(20)%24.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.26
Mansfield0.02
10 Day High0.26
10 Day Low0.07
20 Day High0.26
20 Day Low0.06
52 Week High0.26
52 Week Low0.01
CS1 End0.07
CR1 Start0.09
Volume & EV
DER(3)0%
DER(5)0%
Volume4.76K
Volume Incr-64.69%
Vol(5)6.03K
Vol(50)13.54K