MAX RESOURCE CORP (MAX.CA) Stock Technical Analysis
TSX-V:MAX - TSX Venture Exchange - CA57772U3073 - Common Stock - Currency: CAD
Taking everything into account, MAX scores 0 out of 10 in our technical rating. MAX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
MAX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.04, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MAX in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.04
When analyzing the support we notice one important area.
- Support @0.04 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance 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.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MAX.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MAX.CA is down. |
| ChartMill Relative Strength | 15.55 | NEGATIVE | MAX.CA has a low relative strength, it was outperformed by 84.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MAX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MAX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MAX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49 | NEUTRAL | The RSI value for MAX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MAX.CA has a negative trend. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for MAX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.67 | HIGH VOLATILITY | The high ATR as a percentage value for MAX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.01 | NEGATIVE | The low ADX value for MAX.CA suggests a weak or negative trend. |
TSX-V:MAX (7/14/2025, 7:00:00 PM)
0.045
0 (0%)