MAX RESOURCE CORP (MAX.CA) Stock Technical Analysis
TSX-V:MAX - TSX Venture Exchange - CA57772U3073 - Common Stock - Currency: CAD
We assign a technical rating of 4 out of 10 to MAX. Recently some decent action could be observed, but in the medium term time frame this is still negative. MAX was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, MAX is a bad performer in the overall market: 70% of all stocks are doing better.
MAX is currently trading near the lower end of its 52 week range, which is not a good sign. MAX is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month MAX has a been trading in the 0.04 - 0.06 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
MAX is part of the Metals & Mining industry. There are 822 other stocks in this industry, MAX did better than 46% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MAX has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.04
0.06
3 important support areas can be observed.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @0.06 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.65
Mansfield-3.01
10 Day High0.06
10 Day Low0.05
20 Day High0.06
20 Day Low0.05
52 Week High0.26
52 Week Low0.04
Performance
1 Week9.09%
2 Weeks20%
1 Month20%
3 Month33.33%
6 Month-25%
12 Month-40%
2 Year-63.64%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)61.64
LBB0.04
UBB0.06
TSX-V:MAX (3/7/2025, 7:00:00 PM)
0.06
+0 (+9.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg9.09%
1 Week9.09%
2 Weeks20%
1 Month20%
3 Month33.33%
6 Month-25%
12 Month-40%
2 Year-63.64%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%3.75%
ATR Inc0%
Range Today0
ADR(20)0
ADR(20)%1.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.65
Mansfield-3.01
10 Day High0.06
10 Day Low0.05
20 Day High0.06
20 Day Low0.05
52 Week High0.26
52 Week Low0.04
CS1 End0.06
CR1 Start0.06
Volume & EV
DER(3)0%
DER(5)2.18%
Volume1.68K
Volume Incr-38.54%
Vol(5)64.32K
Vol(50)87.75K