MEXCO ENERGY CORP (MXC) Stock Technical Analysis
NYSEARCA:MXC - NYSE Arca - US5927701012 - Common Stock - Currency: USD
Overall MXC gets a technical rating of 1 out of 10. MXC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
92% of all other stocks performed better in the past year than MXC.
MXC is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 85% of 213 stocks in the same industry do better.
MXC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MXC is lagging the market.
Warning: MXC has an average volume of 5112 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month MXC has a been trading in the 6.41 - 7.26 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
MXC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 6.98. Right above this resistance zone may be a good entry point.
More info and screens
6.33
13.68
When analyzing the support we notice one important area.
- Support @6.39 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 6.98 to 7.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.54 from a trend line in the weekly time frame.
- A resistance zone ranging from 12.63 to 12.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.54 from a horizontal line in the daily time frame.
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 MXC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MXC is down. |
| ChartMill Relative Strength | 8.2 | NEGATIVE | MXC has a low relative strength, it was outperformed by 91.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MXC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MXC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MXC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.13 | NEUTRAL | The RSI value for MXC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MXC has a positive trend. |
| Stochastics (14,3) | 40.56 | NEUTRAL | The Stochastics value for MXC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for MXC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.34 | NEGATIVE | The low ADX value for MXC suggests a weak or negative 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)
NYSEARCA:MXC (6/6/2025, 8:11:40 PM)
6.97
+0.22 (+3.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.26%
1 Week1.01%
2 Weeks-1.13%
1 Month8.91%
3 Month-30.23%
6 Month-40.98%
12 Month-37.93%
2 Year-41.96%
3 Year-59.45%
5 Year112.5%
10 Year49.57%
15 Year-7.68%
Volatility
ATR(14)0.22
ATR(20)%3.87%
ATR Inc-27.84%
Range Today0.04
ADR(20)0.23
ADR(20)%3.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.2
Mansfield-3.76
10 Day High7.1
10 Day Low6.75
20 Day High7.26
20 Day Low6.41
52 Week High14.11
52 Week Low5.89
CS1 End6.39
CR1 Start6.98
Volume & EV
DER(3)-7.17%
DER(5)-4.22%
Volume800
Volume Incr-44.52%
Vol(5)1.24K
Vol(50)5.11K