Technical Analysis for MCS - McChip Resources Inc.

Grade Last Price % Change Price Change
D 0.7 -23.08% -0.210
MCS closed down 23.08 percent on Thursday, January 27, 2022, on 1.84 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical MCS trend table...

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
Stochastic Sell Signal Bearish 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Wide Range Bar Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Older End-of-Day Signals for MCS ...

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Profile

McChip Resources Inc. Description

McChip Resources Inc. (McChip) is a Canada-based company, which is engaged in the natural resource industry. The Company invests in petroleum interests in Western Canada, as well as direct and indirect interests in minerals. Its indirect interests are in the form of marketable securities and investment in other companies, which are listed on recognized exchanges. The Company's project is Saskatchewan Potash Project, which is located in the province of Saskatchewan, Canada. The Company owns a working interest in approximately 4,150 acres and over 240 acres in the Rocainville Area, located in southeastern Saskatchewan. The Company also receives royalties from potash leases. The Company's investments are primarily represented by shares of natural resource-based companies listed on a recognized exchange.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mineral Chemistry Physical Sciences Minerals Petroleum Natural Resource Potash Atoms Direct Interest

Is MCS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 1.45
52 Week Low 0.4
Average Volume 3,253
200-Day Moving Average 0.828
50-Day Moving Average 0.875
20-Day Moving Average 0.871
10-Day Moving Average 0.862
Average True Range 0.056
ADX 22.21
+DI 33.545
-DI 58.329
Chandelier Exit (Long, 3 ATRs) 0.822
Chandelier Exit (Short, 3 ATRs) 0.818
Upper Bollinger Bands 1.019
Lower Bollinger Band 0.723
Percent B (%b) -0.08
BandWidth 33.938
MACD Line -0.010
MACD Signal Line -0.005
MACD Histogram -0.0047
Fundamentals Value
Market Cap 3.96 Million
Num Shares 5.66 Million
EPS 0.24
Price-to-Earnings (P/E) Ratio 2.90
Price-to-Sales 1.78
Price-to-Book 0.50
Dividend 0.02
Dividend Yield 2.86%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.880
Resistance 3 (R3) 0.900 0.860 0.850
Resistance 2 (R2) 0.860 0.814 0.850 0.840
Resistance 1 (R1) 0.780 0.786 0.760 0.760 0.830
Pivot Point 0.740 0.740 0.730 0.730 0.740
Support 1 (S1) 0.660 0.694 0.640 0.640 0.570
Support 2 (S2) 0.620 0.666 0.610 0.560
Support 3 (S3) 0.540 0.620 0.550
Support 4 (S4) 0.520