Technical Analysis for MKP - MCAN Mortgage Corporation

Grade Last Price % Change Price Change
grade C 13.45 2.52% 0.330
MKP closed up 2.52 percent on Tuesday, July 14, 2020, on 55 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
MACD Bullish Signal Line Cross Bullish 0.00%
Stochastic Reached Overbought Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Crossed Above 20 DMA Bullish 2.52%
Up 3 Days in a Row Strength 2.52%
20 DMA Resistance Bearish 3.78%

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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.
Finance Money United States Housing Bubble Loans Mortgage Backed Security Mortgage Loan Structured Finance Mortgage Mortgage Investment Corporation 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 17.53
52 Week Low 10.36
Average Volume 14,217
200-Day Moving Average 14.776
50-Day Moving Average 12.712
20-Day Moving Average 12.990
10-Day Moving Average 12.985
Average True Range 0.410
ADX 13.45
+DI 29.719
-DI 23.061
Chandelier Exit (Long, 3 ATRs ) 12.340
Chandelier Exit (Short, 3 ATRs ) 12.910
Upper Bollinger Band 13.513
Lower Bollinger Band 12.466
Percent B (%b) 0.94
BandWidth 8.059
MACD Line 0.068
MACD Signal Line 0.049
MACD Histogram 0.0189
Fundamentals Value
Market Cap 313.42 Million
Num Shares 23.3 Million
EPS 1.64
Price-to-Earnings (P/E) Ratio 8.20
Price-to-Sales 6.39
Price-to-Book 1.37
PEG Ratio 0.00
Dividend 1.28
Dividend Yield 9.52%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.380
Resistance 3 (R3) 14.317 13.943 14.225
Resistance 2 (R2) 13.943 13.706 13.975 14.173
Resistance 1 (R1) 13.697 13.560 13.820 13.760 14.122
Pivot Point 13.323 13.323 13.385 13.355 13.323
Support 1 (S1) 13.077 13.086 13.200 13.140 12.778
Support 2 (S2) 12.703 12.940 12.735 12.727
Support 3 (S3) 12.457 12.703 12.675
Support 4 (S4) 12.520