MONTERO MINING AND EXPLORATI (MON.CA) Stock Technical Analysis
TSX-V:MON - TSX Venture Exchange - CA6126483032 - Common Stock - Currency: CAD
Overall MON gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MON is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
MON is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so MON slightly outperforms the market at the moment.
Looking at the yearly performance, MON did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
MON is an average performer in the Metals & Mining industry, it outperforms 60% of 822 stocks in the same industry.
In the last month MON has a been trading in the 0.30 - 0.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MON 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
0.27
0.34
4 important support areas can be observed.
- A support zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.27 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.34 from a horizontal 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
CRS73.17
Mansfield1.23
10 Day High0.35
10 Day Low0.32
20 Day High0.35
20 Day Low0.3
52 Week High0.37
52 Week Low0.19
Performance
1 Week-7.25%
2 Weeks1.59%
1 Month4.92%
3 Month3.23%
6 Month-3.76%
12 Month18.52%
2 Year357.14%
3 Year220%
5 Year1180%
10 Year-66.67%
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)51.4
LBB0.3
UBB0.35
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.34 | 0.31 | 0.03 (9.36%) | 10.68% |
| An entry @0.34. This is a Buy Stop order right above the 10 day moving average. | An exit @0.30. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 9.36%. | For a 1.00% total portfolio risk, you can invest 10.68% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:MON (3/7/2025, 7:00:00 PM)
0.32
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-7.25%
2 Weeks1.59%
1 Month4.92%
3 Month3.23%
6 Month-3.76%
12 Month18.52%
2 Year357.14%
3 Year220%
5 Year1180%
10 Year-66.67%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%2.73%
ATR Inc-48.15%
Range Today0.01
ADR(20)0.01
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.17
Mansfield1.23
10 Day High0.35
10 Day Low0.32
20 Day High0.35
20 Day Low0.3
52 Week High0.37
52 Week Low0.19
CS1 End0.31
CR1 Start0.34
Volume & EV
DER(3)286.03%
DER(5)182.16%
Volume9.25K
Volume Incr12.16%
Vol(5)238.68K
Vol(50)255.97K