Technical Analysis for MKP - MCAN Mortgage Corporation

Grade Last Price % Change Price Change
A 19.600 0.46% 0.090
MKP closed up 0.46 percent on Friday, November 22, 2024, on 46 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Overbought Stochastic Strength 0.46%
1,2,3 Pullback Bullish Bullish Swing Setup 1.29%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 1.29%
Overbought Stochastic Strength 1.29%
New 52 Week Closing High Bullish -0.51%
180 Bullish Setup Bullish Swing Setup -0.51%
Outside Day Range Expansion -0.51%

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Profile

MCAN Mortgage Corporation (MCAN) is a Canada-based loan company and mortgage investment corporation. The Company's primary objective is to generate income by investing its corporate funds in a portfolio of mortgages (including single family residential, residential construction, non-residential construction and commercial loans), as well as other types of financial investments, loans and real estate investments. The Company's primary subsidiary, Xceed Mortgage Corporation (Xceed), focuses on the origination and sale to MCAN and third party mortgage aggregators of residential first-charge mortgage products across Canada. The Company also participates in the National Housing Act (NHA) mortgage-backed securities (MBS) program.
Classification

Sector: Financial Services
Industry: Specialty Finance
Keywords: Financial Real Estate Residential Construction Real Estate Investment Loans Mortgage Structured Finance Mortgage Backed Security Mortgage Loan Mortgage Investment Corporation Mortgage Products Rate Fund Real Estate Investments

Is MKP 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 19.78
52 Week Low 14.0842
Average Volume 50,856
200-Day Moving Average 16.408
50-Day Moving Average 18.445
20-Day Moving Average 18.888
10-Day Moving Average 19.424
Average True Range 0.323
RSI (14) 65.03
ADX 48.27
+DI 26.922
-DI 9.235
Chandelier Exit (Long, 3 ATRs) 18.812
Chandelier Exit (Short, 3 ATRs) 18.978
Upper Bollinger Bands 20.125
Lower Bollinger Band 17.651
Percent B (%b) 0.79
BandWidth 13.096
MACD Line 0.363
MACD Signal Line 0.309
MACD Histogram 0.0544
Fundamentals Value
Market Cap 484.65 Million
Num Shares 24.7 Million
EPS 1.29
Price-to-Earnings (P/E) Ratio 15.24
Price-to-Sales 6.49
Price-to-Book 1.21
PEG Ratio 0.00
Dividend 1.36
Dividend Yield 6.94%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.795
Resistance 3 (R3) 19.797 19.733 19.763
Resistance 2 (R2) 19.733 19.684 19.733 19.752
Resistance 1 (R1) 19.667 19.653 19.700 19.665 19.741
Pivot Point 19.603 19.603 19.620 19.603 19.603
Support 1 (S1) 19.537 19.554 19.570 19.535 19.459
Support 2 (S2) 19.473 19.523 19.473 19.448
Support 3 (S3) 19.407 19.473 19.438
Support 4 (S4) 19.405