MELCOR DEVELOPMENTS LTD (MRD.CA) Stock Technical Analysis
TSX:MRD - Toronto Stock Exchange - CA5854671032 - Common Stock - Currency: CAD
Taking everything into account, MRD scores 1 out of 10 in our technical rating. 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.
In the last month MRD has a been trading in the 11.72 - 13.20 range, which is quite wide. It is currently trading near the lows of this range.
Warning: MRD has an average volume of 6079 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 78% of 33 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, MRD outperforms 46% of them, which is more or less in line with the market.
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.
Volume is considerably higher in the last couple of days.
The technical rating of MRD is bad and it also does not present a 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
10.87
13.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 12.12 to 12.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.74 from a trend line in the weekly time frame.
- A support zone ranging from 10.98 to 11.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 12.71 to 12.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.99 to 13.03. 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
CRS46.37
Mansfield-0.59
10 Day High13.2
10 Day Low11.72
20 Day High13.2
20 Day Low11.72
52 Week High13.39
52 Week Low11.2
Performance
1 Week-3.45%
2 Weeks-4.35%
1 Month-4.79%
3 Month-3.37%
6 Month0.41%
12 Month7.88%
2 Year2.45%
3 Year-29.56%
5 Year68.77%
10 Year-36.66%
15 Year6.39%
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)-0.08
RSI(14)38.91
LBB12.18
UBB13.31
TSX:MRD (3/6/2025, 7:00:00 PM)
12.32
+0.17 (+1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg1.4%
1 Week-3.45%
2 Weeks-4.35%
1 Month-4.79%
3 Month-3.37%
6 Month0.41%
12 Month7.88%
2 Year2.45%
3 Year-29.56%
5 Year68.77%
10 Year-36.66%
15 Year6.39%
Volatility
ATR(14)0.28
ATR(20)%1.83%
ATR Inc148.01%
Range Today0.32
ADR(20)0.2
ADR(20)%1.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.37
Mansfield-0.59
10 Day High13.2
10 Day Low11.72
20 Day High13.2
20 Day Low11.72
52 Week High13.39
52 Week Low11.2
CS1 End12.16
CR1 Start12.71
Volume & EV
DER(3)-11.8%
DER(5)-9.33%
Volume18.69K
Volume Incr58.82%
Vol(5)9.09K
Vol(50)6.08K