MAXIM POWER CORP (MXG.CA) Stock Technical Analysis
TSX:MXG - CA57773Y2096 - Common Stock
4.46 CAD
-0.05 (-1.11%)
Taking everything into account, MXG scores 3 out of 10 in our technical rating. MXG has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Warning: MXG has an average volume of 6614 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, MXG outperforms 50% of them, which is more or less in line with the market.
MXG is part of the Independent Power and Renewable Electricity Producers industry. There are 31 other stocks in this industry, MXG did better than 53% of them.
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.
In the last month MXG has a been trading in the 4.17 - 4.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, MXG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 4.43, a Stop Loss order could be placed below this zone.
More info and screens
3.71
4.95
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.43 to 4.43. This zone is formed by a combination of multiple trend lines and important moving averages 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.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 4.50 to 4.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.63 from a trend line in the weekly time frame.
- Resistance @4.71 from a trend line in the daily time frame.
- 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 | 50.31 | NEUTRAL | MXG.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MXG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MXG.CA is below a declining 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) | 46.28 | NEUTRAL | The RSI value for MXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MXG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.36 | NEUTRAL | The Stochastics value for MXG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for MXG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.13 | 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 (8/29/2025, 7:00:00 PM)
4.46
-0.05 (-1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-1.11%
1 Week2.29%
2 Weeks-0.89%
1 Month-4.09%
3 Month2.06%
6 Month-13.57%
12 Month15.25%
2 Year-13.23%
3 Year15.84%
5 Year123%
10 Year82.04%
15 Year78.4%
Volatility
ATR(14)0.13
ATR(20)%2.77%
ATR Inc7.1%
Range Today0.18
ADR(20)0.12
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.31
Mansfield-1.28
10 Day High4.61
10 Day Low4.17
20 Day High4.92
20 Day Low4.17
52 Week High6.53
52 Week Low3.63
CS1 End4.43
CR1 Start4.5
Volume & EV
DER(3)-2.98%
DER(5)-1.86%
Volume6.84K
Volume Incr81.02%
Vol(5)11.56K
Vol(50)6.61K