MAXIM POWER CORP (MXG.CA) Stock Technical Analysis
TSX:MXG - Toronto Stock Exchange - CA57773Y2096 - Common Stock - Currency: CAD
We assign a technical rating of 4 out of 10 to MXG. MXG has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month MXG has a been trading in the 5.30 - 6.53 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: MXG has an average volume of 15123 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
MXG is part of the Independent Power and Renewable Electricity Producers industry. There are 40 other stocks in this industry. MXG outperforms 82% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, MXG did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
MXG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MXG is lagging the market.
Considerably lower volume is observed in the last couple of days.
MXG has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.77
6.32
We found 1 important support area.
- Support @3.81 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.00 to 6.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.26 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
CRS76.33
Mansfield0.95
10 Day High5.99
10 Day Low5.3
20 Day High6.53
20 Day Low5.3
52 Week High6.53
52 Week Low3.75
Performance
1 Week-7.24%
2 Weeks-7.88%
1 Month-11.8%
3 Month8.91%
6 Month36.2%
12 Month25.12%
2 Year19.03%
3 Year39.38%
5 Year177.32%
10 Year103.79%
15 Year54.6%
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)-0.07
RSI(14)35.49
LBB5.49
UBB6.11
TSX:MXG (2/21/2025, 7:00:00 PM)
5.38
-0.29 (-5.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-5.11%
1 Week-7.24%
2 Weeks-7.88%
1 Month-11.8%
3 Month8.91%
6 Month36.2%
12 Month25.12%
2 Year19.03%
3 Year39.38%
5 Year177.32%
10 Year103.79%
15 Year54.6%
Volatility
ATR(14)0.16
ATR(20)%3.83%
ATR Inc51.61%
Range Today0.3
ADR(20)0.19
ADR(20)%3.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.33
Mansfield0.95
10 Day High5.99
10 Day Low5.3
20 Day High6.53
20 Day Low5.3
52 Week High6.53
52 Week Low3.75
CS1 End3.81
CR1 Start6
Volume & EV
DER(3)1.6%
DER(5)0.26%
Volume19.24K
Volume Incr-52.35%
Vol(5)8.75K
Vol(50)15.12K