Maxar Technologies Inc (MAXR.CA) Stock Technical Analysis
TSX:MAXR - Toronto Stock Exchange - US57778K1051 - Common Stock - Currency: CAD
Taking everything into account, MAXR scores 7 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MAXR is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
MAXR is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 100% of 11 stocks in the same industry.
MAXR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MAXR is leading the market.
When comparing the yearly performance of all stocks, we notice that MAXR is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month MAXR has a been trading in a tight range between 68.27 and 72.25.
Although MAXR has an excellent technical rating, it 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
42.32
72.86
2 important support areas can be observed.
- A support zone ranging from 68.24 to 68.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.75 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 70.74 to 72.14. 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 | UP | POSITIVE | The long term trend for MAXR.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MAXR.CA is neutral. |
| ChartMill Relative Strength | 96.45 | POSITIVE | MAXR.CA has a high relative strength, it outperformed 96.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MAXR.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MAXR.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MAXR.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.24 | NEUTRAL | The RSI value for MAXR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests MAXR.CA has a negative trend. |
| Stochastics (14,3) | 31.7 | NEUTRAL | The Stochastics value for MAXR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for MAXR.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 24.52 | NEUTRAL | The ADX value for MAXR.CA suggests a possible start of a new trend. |
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)
TSX:MAXR (5/8/2023, 7:00:00 PM)
70.54
-0.34 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-0.48%
1 Week-1.71%
2 Weeks-1.25%
1 Month1.7%
3 Month2.56%
6 Month101.95%
12 Month87.66%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%0.89%
ATR Inc79.05%
Range Today1.13
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.45
Mansfield4.1
10 Day High72.25
10 Day Low70.21
20 Day High72.25
20 Day Low68.27
52 Week High72.25
52 Week Low24.13
CS1 End68.79
CR1 Start70.74
Volume & EV
DER(3)-0.9%
DER(5)0.55%
Volume9.32K
Volume Incr11.83%
Vol(5)28.33K
Vol(50)30.78K