MEXCO ENERGY CORP (MXC) Stock Technical Analysis
NYSEARCA:MXC - US5927701012 - Common Stock
8.33 USD
-0.27 (-3.14%)
Taking everything into account, MXC scores 3 out of 10 in our technical rating. In the past year, MXC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
93% 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. 84% of 210 stocks in the same industry do better.
MXC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: MXC has an average volume of 6290 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 7.85 - 8.92 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.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Although the technical rating is bad, MXC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 8.32, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
7.72
12.65
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.25 to 8.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @7.98 from a horizontal line in the daily time frame.
- A support zone ranging from 7.80 to 7.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 8.55 to 8.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.87 from a horizontal line in the daily time frame.
- Resistance @11.30 from a trend line in the weekly time frame.
- Resistance @12.52 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for MXC is up. |
| ChartMill Relative Strength | 7.19 | NEGATIVE | MXC has a low relative strength, it was outperformed by 92.81% 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) | 50.73 | NEUTRAL | The RSI value for MXC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests MXC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.93 | NEUTRAL | The Stochastics value for MXC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for MXC suggests some volalility. |
| Average Directional Index/ADX (14) | 40.58 | POSITIVE | The high ADX value value for MXC 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)
NYSEARCA:MXC (9/8/2025, 12:03:37 PM)
8.33
-0.27 (-3.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.14%
1 Week2.84%
2 Weeks3.48%
1 Month1.59%
3 Month-30.06%
6 Month-11.86%
12 Month-29.05%
2 Year-35.86%
3 Year-48.64%
5 Year74.63%
10 Year233.2%
15 Year31.18%
Volatility
ATR(14)0.26
ATR(20)%2.95%
ATR Inc-29.65%
Range Today0.31
ADR(20)0.22
ADR(20)%2.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.19
Mansfield-2.33
10 Day High8.92
10 Day Low7.95
20 Day High8.92
20 Day Low7.85
52 Week High16
52 Week Low5.89
CS1 End8.32
CR1 Start8.55
Volume & EV
DER(3)-21.51%
DER(5)-7.2%
Volume1.33K
Volume Incr59.67%
Vol(5)4.81K
Vol(50)6.29K