Mkango Resources Stock Technical Analysis
| MKA Stock | CAD 0.81 -0.03 -3.57% |
According to pricing data from the 21st of March, Mkango Resources trades at 0.81 per share. Quantitative signals reflect Standard Deviation of 4.87, mean deviation of 3.63, and Risk Adjusted Performance of -0.02. Volume-adjusted indicators are evaluated relative to historical ranges. Current technical signals are evaluated against industry dispersion.
Mkango Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mkango, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MkangoMkango |
What if' Analysis
What-if analysis for Mkango Resources is essentially a historical sensitivity test that shows how changes in the investment horizon could have altered realized return, drawdown, and timing outcomes. This becomes more informative when investors use the backtest to challenge timing assumptions rather than to search for a perfect historical entry point.
| 12/21/2025 |
| 03/21/2026 |
Starting with 0.00 in Mkango Resources on December 21, 2025 and exiting today would record 0.00 in cumulative gains. Overall, this is a 0.0% net return in Mkango Resources overall over 90 days. All metrics are computed from historical trading data across available periods. Mkango Resources is related to or competes with Regulus Resources, Luca Mining, Aldebaran Resources, St Augustine, America Movil, Emerita Resources, and Talon Metals. The peer comparison adds context for stock analysis. Competitive peers are identified through business model and market overlap. This information is provided for contextual purposes. Mkango Resources Ltd., through its subsidiary, Lancaster Exploration Limited, explores for and develops rare earth eleme... More
Mkango Resources Momentum Range Indicators Snapshot
Directional momentum for Mkango Resources is captured through indicators that track upside and downside price ranges. The data frames how the price has moved within recent directional ranges.
| Information Ratio | -0.01 | |||
| Maximum Drawdown | 25.19 | |||
| Value At Risk | -6.14 | |||
| Potential Upside | 7.62 |
Volatility and Risk Indicators for Mkango Resources Snapshot
This section presents risk metrics that describe Mkango Resources' historical price variability. This view provides neutral context for risk and variability.| Risk Adjusted Performance | -0.02 | |||
| Jensen Alpha | 0.0514 | |||
| Total Risk Alpha | 0.4424 | |||
| Treynor Ratio | -0.07 |
Mean reversion opportunities in Mkango Resources' arise when market prices disconnect from fundamental anchors such as earnings, book value, or historical price-to-earnings multiples.
Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.02 | |||
| Market Risk Adjusted Performance | -0.06 | |||
| Mean Deviation | 3.63 | |||
| Coefficient Of Variation | -3,377 | |||
| Standard Deviation | 4.87 | |||
| Variance | 23.68 | |||
| Information Ratio | -0.01 | |||
| Jensen Alpha | 0.0514 | |||
| Total Risk Alpha | 0.4424 | |||
| Treynor Ratio | -0.07 | |||
| Maximum Drawdown | 25.19 | |||
| Value At Risk | -6.14 | |||
| Potential Upside | 7.62 | |||
| Skewness | 1.17 | |||
| Kurtosis | 2.24 |
Mkango Resources Backtested Returns
We identified twenty-two technical indicators influencing the company's volatility profile. Please review metrics such as standard deviation of 4.87, mean deviation of 3.63, and risk-adjusted performance of -0.02 to assess internal risk calibration. The firm shows a Beta (market volatility) of 2.09, which conveys a somewhat significant risk relative to the market. With a beta above 1, Mkango Resources typically delivers outsized gains in rising markets at the cost of steeper drawdowns. At this point, Mkango Resources has a negative expected return of -2.0E-4%. Please make sure to double-check Mkango Resources' information ratio and the relationship between the maximum drawdown and day typical price, to decide if Mkango Resources's performance from the past will be repeated at some future date.
Auto-correlation | -0.42 |
Modest reverse predictability
The autocorrelation profile for Mkango Resources registers modest reverse predictability between the two measured intervals. When lagged price patterns show consistency, they can serve as a partial input for modeling Mkango Resources's near-term price behavior. A serial correlation of -0.42 indicates that just about 42.0% of current Mkango Resources price fluctuations can be explained by its historical price movements. Given that Mkango Resources has negative autocorrelation for the selected time horizon, market participants may evaluate potential contrarian price behavior over comparable future intervals.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mkango Resources technical stock analysis focuses on price and volume behavior. Common inputs include moving averages, RSI, and price-based signals.
Technical Analysis
This analysis covers twenty-five data points across the selected time horizon. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Mkango Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of Mkango Resources evaluates price structure, momentum, and volatility clustering. Oscillator extremes can precede mean reversion under certain regimes. Mkango Resources has a market cap of 282.88 M, ROE of -8.75%.
For Mkango Resources, this section uses periodic company reporting and market reference feeds with Macroaxis normalization rules applied to keep cross-asset comparisons consistent. Intraday timing differences may exist.
This content is curated and reviewed by:
Raphi Shpitalnik - Junior Member of Macroaxis Editorial BoardMkango Resources Technical Indicators
Investors following Mkango Resources often rely on technical indicators to test whether price action is supporting continuation, exhaustion, or a possible change in direction. A disciplined technical workflow separates stronger setups from noisier price action.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.02 | |||
| Market Risk Adjusted Performance | -0.06 | |||
| Mean Deviation | 3.63 | |||
| Coefficient Of Variation | -3,377 | |||
| Standard Deviation | 4.87 | |||
| Variance | 23.68 | |||
| Information Ratio | -0.01 | |||
| Jensen Alpha | 0.0514 | |||
| Total Risk Alpha | 0.4424 | |||
| Treynor Ratio | -0.07 | |||
| Maximum Drawdown | 25.19 | |||
| Value At Risk | -6.14 | |||
| Potential Upside | 7.62 | |||
| Skewness | 1.17 | |||
| Kurtosis | 2.24 |
March 21, 2026 Daily Trend Indicators
Investors following Mkango Resources often rely on technical indicators to test whether price action is supporting continuation, exhaustion, or a possible change in direction. A disciplined technical workflow separates stronger setups from noisier price action.
| Accumulation Distribution | 5,068 | ||
| Daily Balance Of Power | -0.23 | ||
| Rate Of Daily Change | 0.96 | ||
| Day Median Price | 0.88 | ||
| Day Typical Price | 0.85 | ||
| Price Action Indicator | -0.08 |
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