MELCOR DEVELOPMENTS LTD (MRD.CA) Stock Technical Analysis
TSX:MRD - Toronto Stock Exchange - CA5854671032 - Common Stock - Currency: CAD
Overall MRD gets a technical rating of 2 out of 10. MRD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Warning: MRD has an average volume of 8757 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
MRD is one of the better performing stocks in the Real Estate Management & Development industry, it outperforms 70% of 28 stocks in the same industry.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the performance of all stocks over the past year, MRD turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
MRD 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.
In the last month MRD has a been trading in the 11.30 - 12.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, MRD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 12.18. Right above this resistance zone may be a good entry point.
More info and screens
10.95
13.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.60 to 11.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 11.35 to 11.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.06 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 12.18 to 12.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.58 from a trend line in the weekly time frame.
- A resistance zone ranging from 12.97 to 12.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 13.36 to 13.40. 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
CRS52.58
Mansfield-0.06
10 Day High12.25
10 Day Low11.6
20 Day High12.67
20 Day Low11.3
52 Week High13.39
52 Week Low11.3
Performance
1 Week2.8%
2 Weeks2.88%
1 Month-4.26%
3 Month-5.01%
6 Month-8.59%
12 Month6.59%
2 Year4.75%
3 Year-21.39%
5 Year73.53%
10 Year-30.33%
15 Year-6.69%
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)0.07
RSI(14)53.6
LBB11.39
UBB12.23
TSX:MRD (4/30/2025, 7:00:00 PM)
12.13
-0.05 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-0.41%
1 Week2.8%
2 Weeks2.88%
1 Month-4.26%
3 Month-5.01%
6 Month-8.59%
12 Month6.59%
2 Year4.75%
3 Year-21.39%
5 Year73.53%
10 Year-30.33%
15 Year-6.69%
Volatility
ATR(14)0.22
ATR(20)%2.35%
ATR Inc-47%
Range Today0.18
ADR(20)0.27
ADR(20)%2.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.58
Mansfield-0.06
10 Day High12.25
10 Day Low11.6
20 Day High12.67
20 Day Low11.3
52 Week High13.39
52 Week Low11.3
CS1 End11.63
CR1 Start12.18
Volume & EV
DER(3)-0.2%
DER(5)-1.07%
Volume8.21K
Volume Incr-16.83%
Vol(5)8.69K
Vol(50)8.76K