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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PPO has negative momentum signalling a continuation of downward price fall for MRE
Percentage Price /
PPO has negative momentum signalling a continuation of downward price fall for MRE

[BEARISH]: Martinrea International currently has negative PPO -1.300%. This means the current price is losing momentum through a fall on the short term exponential moving average.

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.

Momentum /
Momentum(5) is increasing for Martinrea International

MRE: MOM Current Signal -> (1) 15 Feb: BULLISH (2) 14 Feb: BULLISH (3) 13 Feb: BULLISH

Pivot Points /
Martinrea International: Look for a short limit order entry @$14.566

Martinrea International has broken the first support point ($14.566) [Bearish]. Look for a short limit order entry near this point. Exit price for MRE should be set @$14.273 & short position stoploss for Martinrea International should be set between $15.553 & $15.846

Woodie Pivot Point /
Martinrea International has moved below the S1 Woodie pivot point ($14.54) [Bearish]

Martinrea International has broken the first Woodie support point ($14.54) [Bearish]. Look for a short limit order entry near this point. Exit price for MRE should be set @$14.26 & short position stoploss for Martinrea International should be set at $15.54

Chaikin Money Flow /
CMF signal weak & within zero line tolerance for MRE

MRE: Chaikin Oscillator Current Signal -> (1) 15 Feb: NEUTRAL (2) 14 Feb: BULLISH CROSSOVER (3) 13 Feb: NEUTRAL

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

MRE: SWMA Current Signal -> (1) 15 Feb: BEARISH (2) 14 Feb: BEARISH (3) 13 Feb: BEARISH

Traders are currently Distributing Martinrea International
On Balance Volume /
Traders are currently Distributing Martinrea International

MRE: OBV Current Signal ->(1) 15 Feb: BEARISH (2) 14 Feb: BEARISH (3) 13 Feb: BEARISH CROSSOVER

Martinrea International: Elder Ray Index is 0.615 [Bullish]
Elder Ray Index /
Martinrea International: Elder Ray Index is 0.615 [Bullish]

[BULLISH]: Martinrea InternationalElder Ray Index is signalling a Bullish movementERI is 0.615 indicating bull power. Prices are being driven above the consensus of value for MRE during the last trading session [Buying Pressure]

Short Black Candle /
MRE Basic Candle: Short Black

MRE: Basic Candlestick Recent Trading -> (1) 15 Feb: Short Black Candle (2) 14 Feb: Long White Candle (3) 13 Feb: Short White Candle

Rate of Change /
Martinrea International: Rate of change (-3.192)

[BEARISH]: Martinrea International currently has negative rate of change of -3.2%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Detrended Price Oscillator /
Daily trading has confirmed the DPO(20) is bearish for Martinrea International

[BEARISH]: Martinrea International currently has a confirmed downtrend. Price is currently below the displaced moving average for MRECurrently, the return on DPO20 is -1.8%.

MRE: Moving Average Convergence Divergence [Bullish]
MACD /
MRE: Moving Average Convergence Divergence [Bullish]

[BULLISH]: Martinrea International currently has positive MACD of 0.167000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 0.6%.

Price Range /
Recent trading for Martinrea International fell short of the previous price range ($0.64)

[BEARISH]: Martinrea International current downtrend in the first timeframe. Currently, the Range is $0.64.

Ulcer Index /
Ulcer index has increased in stress level & high drawdown is expected for Martinrea International

MRE: UIX Current Signal -> (1) 15 Feb: High stress (2) 14 Feb: High stress (3) 13 Feb: High stress

Elders Force Index /
[Bullish]: Continued buying pressure for Martinrea International has been confirmed

[BULLISH]: Martinrea International current price has highlighted recent buying pressure. Currently, the Elders Force Index is 16883.

Price for MRE has opened stronger than close of the previous trading session
Opening Price /
Price for MRE has opened stronger than close of the previous trading session

[BULLISH]: Martinrea International opening price has gapped up. Currently, the OPEN is $15.25 (4 %).

Price continues to trade above the Simple Moving Average(5) for MRE
Simple Moving Average /
Price continues to trade above the Simple Moving Average(5) for MRE

[BEARISH]: Martinrea International currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -1.8%.

Martinrea International: Aroon oscillator (-44) has confirmed a downtrend is present
Aroon Oscillator /
Martinrea International: Aroon oscillator (-44) has confirmed a downtrend is present

[BEARISH]: Martinrea International has a current ARU(25) of 24 and a current ARD(25) of 68

Exponential Moving Average /
Martinrea International is in a short term uptrend with the support price @$14.7623

[BULLISH]: Martinrea International currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -1.8%.

Closing Price /
Martinrea International: Daily closing price is $14.86 [Bearish]

[BEARISH]: Martinrea International current downtrend in the first timeframe. Currently, the Close is $14.86.

Open Tod Vs Close Tod /
Martinrea International: Sellers have lost commitment.

[BEARISH WEAK]: Martinrea International opened in the upper part of daily range at 98.4% & closed in the middle part of the trading range at 37.5%. This suggests the sellers have lost commitment. Over the last 12 months there has been 11 trading days with the opening price in the upper shadow & the closing the price in the middle shadow giving a confirmation ratio of 17.7%. Over the last month there has been 1 trading days with the opening price in the upper price range & the closing the price in the middle price range giving a confirmation ratio of 10%.

Demarks Pivot Points /
Martinrea International has moved above the R1 DeMark pivot point ($14.84) [Bullish]

Martinrea International has broken the first DeMark resistance point ($14.84) [Bullish]. Look for a long limit order entry near this point. Exit price for MRE should be set @$15.06 & Stoploss for Martinrea International should be set at $14.42

Martinrea International has signalled an ATR trend present [Uptrend]
Average True Range /
Martinrea International has signalled an ATR trend present [Uptrend]

[Bullish]: Average True Range has confirmed an uptrend is present. Martinrea International has a TR of 0.64, and an ATR(14) of 0.476.

The 161.8% Fibonacci extension level for MRE has moved to the upper limit. Stoploss should be positioned @$9.6
Fibonacci Extensions /
The 161.8% Fibonacci extension level for MRE has moved to the upper limit. Stoploss should be positioned @$9.6

Martinrea International has moved above the 161.8% level ($13.05) [Bearish]. Look for a short limit order entry near this point. Exit price for MRE should be set @$16.5 & short position stoploss for Martinrea International should be set at $9.6

Fibonacci Retracements /
Martinrea International is still above the 61.8% retracement level ($13.05) [Bullish]

Martinrea International is still above the 61.8% retracement level ($13.05) [Bullish]. Look for a long limit order entry near this point. Exit price for MRE should be set @$16.96 & Stoploss for Martinrea International should be set between $16.58

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