MARTINREA INTERNATIONAL INC (MRE.CA) Stock Technical Analysis
TSX:MRE - Toronto Stock Exchange - CA5734591046 - Common Stock - Currency: CAD
Overall MRE gets a technical rating of 1 out of 10. MRE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
88% of all other stocks performed better in the past year than MRE.
MRE is one of the lesser performing stocks in the Automobile Components industry. 133% of 4 stocks in the same industry do better.
MRE 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 MRE has a been trading in the 6.12 - 7.31 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of MRE 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
7.16
10.41
We found 1 important support area.
- Support @7.23 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.26 to 7.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.50 from a trend line in the weekly time frame.
- Resistance @10.31 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.84
Mansfield-2.6
10 Day High7.31
10 Day Low6.4
20 Day High7.31
20 Day Low6.12
52 Week High12.65
52 Week Low6.12
Performance
1 Week10.02%
2 Weeks7.73%
1 Month3.28%
3 Month-17.52%
6 Month-32.31%
12 Month-39.28%
2 Year-48.76%
3 Year-5.48%
5 Year-13.79%
10 Year-39.83%
15 Year-21.11%
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)0.1
RSI(14)55.9
LBB6.36
UBB7.16
TSX:MRE (4/29/2025, 7:00:00 PM)
7.25
+0.26 (+3.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg3.72%
1 Week10.02%
2 Weeks7.73%
1 Month3.28%
3 Month-17.52%
6 Month-32.31%
12 Month-39.28%
2 Year-48.76%
3 Year-5.48%
5 Year-13.79%
10 Year-39.83%
15 Year-21.11%
Volatility
ATR(14)0.28
ATR(20)%4.21%
ATR Inc-15.68%
Range Today0.41
ADR(20)0.28
ADR(20)%3.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.84
Mansfield-2.6
10 Day High7.31
10 Day Low6.4
20 Day High7.31
20 Day Low6.12
52 Week High12.65
52 Week Low6.12
CS1 End7.23
CR1 Start7.26
Volume & EV
DER(3)4.26%
DER(5)8.05%
Volume168.00K
Volume Incr-30.49%
Vol(5)102.62K
Vol(50)136.79K