MAXIM POWER CORP (MXG.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:MXG • CA57773Y2096
Overall MXG gets a technical rating of 1 out of 10. MXG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, MXG is a bad performer in the overall market: 89% of all stocks are doing better.
- MXG is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 87% of 33 stocks in the same industry do better.
- Warning: MXG has an average volume of 9667 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- 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 4.20 - 4.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, MXG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
3.67
When analyzing the support we can see 2 important areas.
- Support @4.19 from a horizontal line in the daily time frame.
- A support zone ranging from 3.71 to 3.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @4.34 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.41 to 4.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.80 to 4.81. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 4.89 to 4.90. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for MXG.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MXG.CA is down. |
| ChartMill Relative Strength | 11.25 | NEGATIVE | MXG.CA has a low relative strength, it was outperformed by 88.75% off all stocks 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) | UP | MIXED | The current price of MXG.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MXG.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.81 | NEUTRAL | The RSI value for MXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MXG.CA has a negative trend. |
| Stochastics (14,3) | 46.67 | NEUTRAL | The Stochastics value for MXG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for MXG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.02 | POSITIVE | The high ADX value value for MXG.CA suggests a strong trend. |
TSX:MXG (2/5/2026, 7:00:00 PM)
4.3
0 (0%)
MAXIM POWER CORP / MXG.CA FAQ
What is the ChartMill technical rating of MAXIM POWER CORP (MXG.CA) stock?
ChartMill assigns a technical rating of 1 / 10 to MXG.CA.
Can you provide the trend direction for MAXIM POWER CORP?
The current trend direction for MAXIM POWER CORP (MXG.CA) is Bearish.
What is the RSI signal for MXG stock?
MAXIM POWER CORP (MXG.CA) has an RSI value of 39.8084. This indicates that the stock is currently neutral.
What is the MACD signal for MXG stock?
The MACD indicator for MAXIM POWER CORP (MXG.CA) has a value of -0.0154056, indicating a bearish trend.
What are the support and resistance levels for MAXIM POWER CORP (MXG.CA) stock?
MAXIM POWER CORP (MXG.CA) has a support level at 4.19 and a resistance level at 4.34. Check the full technical report for our detailed analysis of MXG.CA support and resistance levels.