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 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
89% 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 making a new 52 week low. This is a very bad signal. MRE is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month MRE has a been trading in the 7.34 - 8.77 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
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
7.68
11.15
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 8.41 to 8.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.07 from a horizontal line in the daily time frame.
- Resistance @10.05 from a trend line in the weekly time frame.
- Resistance @10.66 from a trend line in the weekly time frame.
- Resistance @11.04 from a trend 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
CRS11.26
Mansfield-2.97
10 Day High8.49
10 Day Low7.34
20 Day High8.77
20 Day Low7.34
52 Week High12.65
52 Week Low7.34
Performance
1 Week-2.76%
2 Weeks-6.62%
1 Month-9.03%
3 Month-23.85%
6 Month-29.71%
12 Month-34.01%
2 Year-46.74%
3 Year-13.59%
5 Year13.95%
10 Year-38.31%
15 Year-11.82%
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)-0.03
RSI(14)23.42
LBB7.7
UBB8.62
TSX:MRE (3/7/2025, 7:00:00 PM)
7.76
-0.16 (-2.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-2.02%
1 Week-2.76%
2 Weeks-6.62%
1 Month-9.03%
3 Month-23.85%
6 Month-29.71%
12 Month-34.01%
2 Year-46.74%
3 Year-13.59%
5 Year13.95%
10 Year-38.31%
15 Year-11.82%
Volatility
ATR(14)0.29
ATR(20)%3.38%
ATR Inc94.66%
Range Today0.63
ADR(20)0.26
ADR(20)%3.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.26
Mansfield-2.97
10 Day High8.49
10 Day Low7.34
20 Day High8.77
20 Day Low7.34
52 Week High12.65
52 Week Low7.34
CS1 EndN/A
CR1 Start8.41
Volume & EV
DER(3)-0.78%
DER(5)-2.29%
Volume333.06K
Volume Incr89.59%
Vol(5)229.60K
Vol(50)142.16K