Maxar Technologies Inc (MAXR) Stock Technical Analysis
NYSE:MAXR - New York Stock Exchange, Inc. - US57778K1051 - Common Stock - Currency: USD
Overall MAXR gets a technical rating of 8 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
MAXR is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 77% of 67 stocks in the same industry.
MAXR is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
MAXR has an average volume of 1225080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, MAXR did better than 95% of all other 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 50.98 and 52.99.
Volume is considerably higher in the last couple of days.
MAXR has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
49.83
53.53
When analyzing the support we notice one important area.
- A support zone ranging from 50.33 to 52.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 53.00 to 53.00. This zone is formed by a combination of multiple trend lines 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MAXR is up. |
| ChartMill Relative Strength | 95.13 | POSITIVE | MAXR has a high relative strength, it outperformed 95.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MAXR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MAXR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MAXR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.96 | OVERBOUGHT | The high RSI value suggests MAXR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MAXR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 98.3 | OVERBOUGHT | The high Stochastics value suggests MAXR may be overbought. |
| Average True Range in percent/ATR (20) | 0.42 | LOW VOLATILITY | The low ATR as a percentage value for MAXR suggests low volalility. |
| Average Directional Index/ADX (14) | 39.54 | POSITIVE | The high ADX value value for MAXR suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 53.01 | 52.62 | 0.39 (0.74%) | 25.00% |
| An entry @53.01. This is a Buy Stop order right above the resistance zone. | An exit @52.62. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.39 points, which is 0.74%. | For a 0.18% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
52.99
+0.01 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.02%
1 Week0.55%
2 Weeks0.55%
1 Month3.29%
3 Month2.67%
6 Month133.03%
12 Month64.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.42%
ATR Inc-26.5%
Range Today0.01
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
CRS95.13
Mansfield4.39
10 Day High52.99
10 Day Low52.63
20 Day High52.99
20 Day Low50.98
52 Week High52.99
52 Week Low17.51
CS1 End52.77
CR1 Start53
Volume & EV
DER(3)5.99%
DER(5)1.29%
Volume3.11M
Volume Incr65.36%
Vol(5)1.75M
Vol(50)1.23M