Technical analysis from Martinrea International (MRE.TO.TO, TSE:MRE.TO) on the Toronto Stock Exchange (TSX). Download the latest price data & trading signals

Martinrea International
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OBV: Accumulation still active for Martinrea International
On Balance Volume /
OBV: Accumulation still active for Martinrea International

[BULLISH]: Martinrea International current price has highlighted recent accumulation. Currently, the OBV is 1.6304e+006.

Martinrea International: Bull Harami
Bull Harami /
Martinrea International: Bull Harami

MRE: Reversal (Weak) Candlestick Current Signal -> (1) 17 May: BULLISH (2) 16 May: NEUTRAL (3) 15 May: NEUTRAL

Exponential Moving Average /
The EMA trend following signal is still current for Martinrea International [Bearish]

[BEARISH]: Martinrea International currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is 0.2%.

Woodie Pivot Point /
Martinrea International: Woodie Pivot ($17.01)

Martinrea International has broken the first Woodie resistance point ($17.05) [Bullish]. Look for a long limit order entry near this point. Exit price for MRE should be set @$17.13 & Stoploss for Martinrea International should be set at $16.89

Closing Price /
[Bullish]: Martinrea International has beaten previous close by 0.2 %

MRE: CLOSE Current Signal -> (1) 17 May: BULLISH (2) 16 May: BEARISH (3) 15 May: BEARISH

Weighted Moving Average /
Weighted Moving Average(5) signal continues for Martinrea International indicating downward price movement is likely

[BEARISH]: Martinrea International currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 0.2%.

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Open Tod Vs Close Tod /
Martinrea International: Buyers have lost control.

[BEARISH]: Martinrea International opened in the lower part of daily range at 8.3% & closed in the lower part of the trading range at 16.7%. This suggests the buyers have lost control. Over the last 12 months there has been 22 trading days with the opening price in the lower shadow & the closing the price in the lower shadow giving a confirmation ratio of 8.4%. Over the last month there has been 1 trading days with the opening price in the lower price range & the closing the price in the lower price range giving a confirmation ratio of 7.7%.

MRE: Current trading activity signals DVI accumulation is active
Daily Volume Index /
MRE: Current trading activity signals DVI accumulation is active

[BULLISH]: Martinrea International current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 455.

Martinrea International Ease of Movement is 0.779 [Difficult to Move]
Ease of Movement /
Martinrea International Ease of Movement is 0.779 [Difficult to Move]

MRE: EOM Current Signal -> (1) 17 May: BULLISH HARD (2) 16 May: BEARISH EASY (3) 15 May: BEARISH EASY

Elder Ray Index /
Martinrea International: Elder Ray Index is 0.255 [Bullish]

[BULLISH]: Martinrea International Elder Ray Index is signalling a Bullish movementERI is 0.255 indicating bull power. Prices are being driven above the consensus of value for MRE during the last trading session [Buying Pressure]

Ulcer Index /
Martinrea International: Ulcer Index 2.315 [Low Stress]

[BEARISH]: Martinrea International UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.315.

Detrended Price Oscillator /
Martinrea International: Detrended Price Oscillator(20) is 1.2025

MRE: DPO Recent Trading -> (1) 17 May: 1.2025 (2) 16 May: 1.1705 (3) 15 May: 1.378

Martinrea International: Daily low price is $16.97 [Lower Low]
Low Price /
Martinrea International: Daily low price is $16.97 [Lower Low]

[BEARISH]: Martinrea International current uptrend in the first timeframe. Currently, the Low is $16.97 (0.4 %).

MRE has achieved a lower high of $17.09 (-0.3 %)
High Price /
MRE has achieved a lower high of $17.09 (-0.3 %)

[BEARISH]: Martinrea International current downtrend in the first timeframe. Currently, the HIGH is -0.3 %.

Triangular Moving Average /
MRE: Price continues to move below the TMA(5) @$17.172

[BEARISH]: Martinrea International currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 0.2%.

Rate of Change /
Martinrea International currently has positive rate of change for 8.148

MRE: ROC Current Signal -> (1) 17 May: BULLISH (2) 16 May: BULLISH CROSSOVER (3) 15 May: BULLISH CROSSOVER

Price Range /
[Bearish]: Martinrea International has failed beat previous trading range

[BEARISH]: Martinrea International current downtrend in the first timeframe. Currently, the Range is $0.12.

Volume MACD for Martinrea International continues to lose momentum @-28142
MACD Volume /
Volume MACD for Martinrea International continues to lose momentum @-28142

[BEARISH]: Martinrea International currently has negative Volume MACD of -28142. This means the signal line is less than the Volume MACD line signalling a bearish movement.

The SWMA trend following signal is still current for Martinrea International [Bearish]
Sine Weighted Moving Average /
The SWMA trend following signal is still current for Martinrea International [Bearish]

[BEARISH]: Martinrea International currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 0.2%.

Stochastic Oscillator for MRE is still above the Overbought limit signalling a bearish movement
Stochastic Oscillator /
Stochastic Oscillator for MRE is still above the Overbought limit signalling a bearish movement

[BEARISH]: Martinrea International is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

MACD /
The MACD continues to rise above the signal line for MRE [Bullish]

[BULLISH]: Martinrea International currently has positive MACD of 0.0233. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -0.3%.

Percentage Price /
Martinrea International: Price Percentage Oscillator

[BULLISH]: Martinrea International currently has positive PPO 2.49%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Aroon Oscillator /
Martinrea International: Aroon oscillator (28) has confirmed an uptrend is present

MRE: Aroon Oscillator Current Signal -> (1) 17 May: BULLISH (2) 16 May: BULLISH (3) 15 May: BULLISH

Demarks Pivot Points /
Limit order for a long position has been identified for Martinrea International [Bullish]

Martinrea International has broken the first DeMark resistance point ($17.0350) [Bullish]. Look for a long limit order entry near this point. Exit price for MRE should be set @$17.1 & Stoploss for Martinrea International should be set at $16.98

Oversold signal for the Lower Envelope band is still current for Martinrea International
Moving Average Envelope /
Oversold signal for the Lower Envelope band is still current for Martinrea International

[BULLISH]: Martinrea International current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 15.6085.

Average Directional Index for Martinrea International has signalled a strong trend is active
Average Directional Movement /
Average Directional Index for Martinrea International has signalled a strong trend is active

[Trend]: ADX for MRE has confirmed a strong trend is present. Martinrea International has an ATR(14) of 0.366, a DX of 25.42 & an ADX(14) of 25.12

Momentum /
Martinrea International: Momentum(5)

[BEARISH]: Martinrea International currently has negative momentum of -0.32 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is 0.2%.The largest downward momentum rally for the last 3 months is 6 days producing a return of -2.7%.

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