SOLARMAX TECHNOLOGY INC (SMXT)

US83419H1032 - Common Stock

1.38  0 (0%)

After market: 1.44 +0.06 (+4.35%)

Technical Rating and Analysis

2

Taking everything into account, SMXT scores 2 out of 10 in our technical rating. SMXT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than SMXT.
SMXT is part of the Electrical Equipment industry. There are 93 other stocks in this industry, of which 86% are performing better than SMXT.
In the last month SMXT has a been trading in the 1.10 - 2.02 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.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SMXT Weekly chart
SMXT Daily chart
Setup Rating and Analysis

5

Although the technical rating is bad, SMXT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.37, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.35

1.82

When analyzing the support we notice one important area.

  • A support zone ranging from 1.36 to 1.37. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 1.39 to 1.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 1.69 to 1.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @1.80 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
CRS0
Mansfield-30
10 Day High2.02
10 Day Low1.25
20 Day High2.02
20 Day Low1.1
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-24.59%
2 Weeks-9.8%
1 Month-30.65%
3 Month58.8%
6 Month-65.24%
12 MonthN/A
2 YearN/A
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)-0.03
RSI(14)45.7
LBB1.16
UBB1.91
SMXT Daily chart

SOLARMAX TECHNOLOGY INC

NASDAQ:SMXT (1/14/2025, 8:06:00 PM)

After market: 1.44 +0.06 (+4.35%)

1.38

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0%
1 Week-24.59%
2 Weeks-9.8%
1 Month-30.65%
3 Month58.8%
6 Month-65.24%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%20.34%
ATR Inc-41.69%
Range Today0.16
ADR(20)0.28
ADR(20)%20.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High2.02
10 Day Low1.25
20 Day High2.02
20 Day Low1.1
52 Week HighN/A
52 Week LowN/A
CS1 End1.37
CR1 Start1.39
Volume & EV
DER(3)-4.63%
DER(5)-4.24%
Volume124.80K
Volume Incr-54.5%
Vol(5)226.90K
Vol(50)428.29K