Technical Analysis for MFCB - MFC Bancorp Ltd.
|Grade||Last Price||% Change||$ Change|
MFCB closed up 0.58 percent on Friday, March 24, 2017, on 50 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. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
Trend Table & Recent Alerts
|Weak or Absent||Down||Down||Down|
|See historical MFCB trend table...|
|Date||Alert Name||Type||% Chg|
|Mar 24||NR7||Range Contraction||0.00%|
|Mar 24||Narrow Range Bar||Range Contraction||0.00%|
|Mar 23||Lower Bollinger Band Walk||Other||0.58%|
|Mar 22||Stochastic Reached Oversold||Other||0.58%|
|Mar 17||Narrow Range Bar||Range Contraction||-10.31%|
|Mar 15||Narrow Range Bar||Range Contraction||-7.21%|
|Mar 14||Narrow Range Bar||Range Contraction||-7.94%|
|Mar 10||Non-ADX 1,2,3,4 Bearish||Bearish Swing Setup||-9.38%|
|Mar 10||180 Bearish Setup||Bearish Swing Setup||-9.38%|
|Mar 8||Narrow Range Bar||Range Contraction||-5.43%|
Get this analysis on your stocks daily!
Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio.
MFC Industrial Ltd., a supply chain company, engages in sourcing and supplying various products worldwide. The company operates in three segments: Global Supply Chain, Trade Finance and Services, and All Other. It is involved in sourcing and supplying various products, including metals, ceramics, minerals, natural gas, various steel products and ferro-alloys, chemicals, plastics, food and beverage additives, animal feed, and wood products. It also provides logistics, supply chain management, and other services to producers and consumers of its products; sub-leases the land on Wabush iron ore mine located in Newfoundland and Labrador, Canada; and holds 50% interest in the Pea Ridge Iron Ore mine located in Sullivan, Missouri, the United States. In addition, the company offers trade finance and services, including third-party financing and other services, proprietary investing, and real property services. Further, it finances joint ventures; and provides medical services, equipment, and supplies. The company was formerly known as Terra Nova Royalty Corporation and changed its name to MFC Industrial Ltd. in September 2011. MFC Industrial Ltd. was incorporated in 1951 and is based in Vancouver, Canada.
Is MFCB a Buy, Sell or Hold?
|Indicator||Bull Case||Neutral / Hold||Bear Case|
|Oversold / Overbought|
|Summary:||Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more MFCB news...
|52 Week High||2.43|
|52 Week Low||1.56|
|200-Day Moving Average||2.089|
|50-Day Moving Average||2.0323|
|20-Day Moving Average||1.8908|
|10-Day Moving Average||1.8425|
|Average True Range||0.0904|
|Chandelier Exit (Long, 3 ATRs)||1.8388|
|Chandelier Exit (Short, 3 ATRs)||1.9712|
|Upper Bollinger Band||2.0711|
|Lower Bollinger Band||1.7105|
|Percent B (%b)||0.08|