MAXEON SOLAR TECHNOLOGIE (MAXN)

SGXZ25336314 - Common Stock

7.4  +0.81 (+12.29%)

After market: 7.16 -0.24 (-3.24%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to MAXN. MAXN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
97% of all other stocks performed better in the past year than MAXN.
MAXN is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 94% of 108 stocks in the same industry do better.
MAXN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MAXN is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
MAXN has an average volume of 1565050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MAXN has a been trading in the 5.32 - 9.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MAXN Weekly chart
MAXN Daily chart
Setup Rating and Analysis

3

The technical rating of MAXN is bad and it also does not present a 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.

Support and Resistance Analysis

5.48

11.53

When analyzing the support we notice one important area.

  • Support @5.54 from a trend line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @9.94 from a trend line in the daily time frame.
  • Resistance @11.42 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.24
Mansfield-9.65
10 Day High7.43
10 Day Low5.32
20 Day High9.66
20 Day Low5.32
52 Week High779.99
52 Week Low4.98
Performance
1 Week34.55%
2 Weeks3.79%
1 Month-9.76%
3 Month-19.13%
6 Month-92.82%
12 Month-98.93%
2 Year-99.54%
3 Year-99.47%
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)0.02
RSI(14)49.94
LBB5.13
UBB8.42
MAXN Daily chart

MAXEON SOLAR TECHNOLOGIE

NASDAQ:MAXN (12/20/2024, 8:23:31 PM)

After market: 7.16 -0.24 (-3.24%)

7.4

+0.81 (+12.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg12.29%
1 Week34.55%
2 Weeks3.79%
1 Month-9.76%
3 Month-19.13%
6 Month-92.82%
12 Month-98.93%
2 Year-99.54%
3 Year-99.47%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%12.36%
ATR Inc9.64%
Range Today0.88
ADR(20)0.87
ADR(20)%11.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.24
Mansfield-9.65
10 Day High7.43
10 Day Low5.32
20 Day High9.66
20 Day Low5.32
52 Week High779.99
52 Week Low4.98
CS1 End5.54
CR1 Start9.94
Volume & EV
DER(3)0.49%
DER(5)-1.24%
Volume779.30K
Volume Incr-21.74%
Vol(5)720.94K
Vol(50)1.57M