MTY FOOD GROUP INC (MTY.CA) Stock Technical Analysis
TSX:MTY - Toronto Stock Exchange - CA55378N1078 - Common Stock - Currency: CAD
Taking everything into account, MTY scores 0 out of 10 in our technical rating. MTY'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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MTY is a bad performer in the overall market: 77% of all stocks are doing better.
MTY is part of the Hotels, Restaurants & Leisure industry. There are 18 other stocks in this industry, of which 88% are performing better than MTY.
MTY 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.
MTY is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Although the technical rating is bad, MTY 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 44.71. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for MTY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
44.25
50.70
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 44.71 to 45.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @50.20 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
CRS23.19
Mansfield-0.59
10 Day High45.44
10 Day Low41.29
20 Day High50.82
20 Day Low41.29
52 Week High54.25
52 Week Low40.45
Performance
1 Week0.45%
2 Weeks4.93%
1 Month-8.31%
3 Month-6.39%
6 Month7.53%
12 Month-14.02%
2 Year-26.41%
3 Year-17.97%
5 Year107.43%
10 Year29.12%
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)0.07
RSI(14)44.64
LBB42.23
UBB46.02
TSX:MTY (3/7/2025, 7:00:00 PM)
44.7
+0.13 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.29%
1 Week0.45%
2 Weeks4.93%
1 Month-8.31%
3 Month-6.39%
6 Month7.53%
12 Month-14.02%
2 Year-26.41%
3 Year-17.97%
5 Year107.43%
10 Year29.12%
15 YearN/A
Volatility
ATR(14)1.39
ATR(20)%3.53%
ATR Inc-32.42%
Range Today1.39
ADR(20)1.41
ADR(20)%3.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.19
Mansfield-0.59
10 Day High45.44
10 Day Low41.29
20 Day High50.82
20 Day Low41.29
52 Week High54.25
52 Week Low40.45
CS1 EndN/A
CR1 Start44.71
Volume & EV
DER(3)3.81%
DER(5)6.07%
Volume62.97K
Volume Incr-0.18%
Vol(5)76.48K
Vol(50)60.13K