Canada - Toronto Stock Exchange - TSX:MXG - CA57773Y2096 - Common Stock
We assign a technical rating of 0 out of 10 to MXG. MXG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, 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 4.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.45, 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.
3.71
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 3 important areas.
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 MXG.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MXG.CA is neutral. |
| ChartMill Relative Strength | 18.9 | NEGATIVE | MXG.CA has a low relative strength, it was outperformed by 81.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MXG.CA is above 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 | MIXED | The current price of MXG.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.14 | NEUTRAL | The RSI value for MXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MXG.CA has a positive trend. |
| Stochastics (14,3) | 91.06 | OVERBOUGHT | The high Stochastics value suggests MXG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for MXG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.47 | NEGATIVE | The low ADX value for MXG.CA suggests a weak or negative trend. |
TSX:MXG (12/5/2025, 7:00:00 PM)
4.47
+0.04 (+0.9%)
ChartMill assigns a technical rating of 0 / 10 to MXG.CA.
The current trend direction for MAXIM POWER CORP (MXG.CA) is Bearish.
MAXIM POWER CORP (MXG.CA) has an RSI value of 53.1375. This indicates that the stock is currently neutral.
The MACD indicator for MAXIM POWER CORP (MXG.CA) has a value of 0.0293434, indicating a bearish trend.
MAXIM POWER CORP (MXG.CA) has a support level at 4.45 and a resistance level at 4.47. Check the full technical report for our detailed analysis of MXG.CA support and resistance levels.