MAXIM POWER CORP (MXG.CA) Stock Technical Analysis
Canada - TSX:MXG - CA57773Y2096 - Common Stock
4.7 CAD
+0.11 (+2.4%)
Overall MXG gets a technical rating of 5 out of 10. In the last year, MXG was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Warning: MXG has an average volume of 10524 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month MXG has a been trading in the 4.39 - 4.75 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, MXG turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
MXG is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 59% of 33 stocks in the same industry.
MXG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MXG is lagging the market.
Although the technical rating is only medium, MXG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.56, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MXG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.71
4.95
When analyzing the support we can see 4 important areas.
- A support zone ranging from 4.51 to 4.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.43 from a horizontal line in the daily time frame.
- A support zone ranging from 4.25 to 4.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.75 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.81 to 4.90. 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 | NEUTRAL | NEUTRAL | The long term trend for MXG.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MXG.CA is neutral. |
| ChartMill Relative Strength | 49.02 | NEUTRAL | MXG.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MXG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MXG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MXG.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.04 | NEUTRAL | The RSI value for MXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MXG.CA has a positive trend. |
| Stochastics (14,3) | 61.62 | NEUTRAL | The Stochastics value for MXG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for MXG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.14 | NEGATIVE | The low ADX value for MXG.CA 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)
TSX:MXG (10/22/2025, 7:00:00 PM)
4.7
+0.11 (+2.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg2.4%
1 Week5.15%
2 Weeks2.4%
1 Month2.4%
3 Month2.4%
6 Month24.34%
12 Month13.8%
2 Year8.55%
3 Year37.03%
5 Year156.83%
10 Year62.07%
15 Year70.91%
Volatility
ATR(14)0.14
ATR(20)%2.91%
ATR Inc-30.99%
Range Today0.11
ADR(20)0.13
ADR(20)%2.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.02
3 months CRS39.46
6 months CRS65.11
Mansfield-1.1
10 Day High4.7
10 Day Low4.39
20 Day High4.75
20 Day Low4.39
52 Week High6.53
52 Week Low3.63
CS1 End4.56
CR1 Start4.81
Volume & EV
DER(3)0.88%
DER(5)5.28%
Volume6.36K
Volume Incr-39.39%
Vol(5)7.84K
Vol(50)10.52K