MAXIM POWER CORP (MXG.CA) Technical Analysis
TSX:MXG • CA57773Y2096
Current stock price
MXG.CA Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to MXG. MXG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- MXG is part of the Independent Power and Renewable Electricity Producers industry. There are 32 other stocks in this industry, of which 64% are performing better than MXG.
- Warning: MXG has an average volume of 6344 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 4.19 - 4.50 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.
- 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 44% of all stocks.
- 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.
MXG.CA Weekly and Daily overview Charts
MXG.CA Setup Rating and Analysis
MXG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.37, 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
MXG.CA Support and Resistance Analysis
4.11
We found 3 important support areas.
- A support zone ranging from 4.34 to 4.37. 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 4.22 to 4.23. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @4.15 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 4.40 to 4.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.58 to 4.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @4.81 from a horizontal line in the weekly time frame.
MXG.CA Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for MXG.CA is down. |
| ChartMill Relative Strength | 44.6 | 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) | 47.8 | NEUTRAL | The RSI value for MXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MXG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.46 | NEUTRAL | The Stochastics value for MXG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for MXG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.9 | NEGATIVE | The low ADX value for MXG.CA suggests a weak or negative trend. |
MXG.CA Chart- and CandleStick Pattern Analysis
MXG.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:MXG (4/13/2026, 7:00:00 PM)
4.38
+0 (+0.11%)
MAXIM POWER CORP / MXG.CA TA 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 MAXIM POWER CORP (MXG.CA) stock?
MAXIM POWER CORP (MXG.CA) has an RSI value of 47.8026. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for MAXIM POWER CORP?
The buy/sell signal for MAXIM POWER CORP (MXG.CA) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for MAXIM POWER CORP?
MAXIM POWER CORP (MXG.CA) has a support level at 4.37 and a resistance level at 4.4. Check the full technical report for our detailed analysis of MXG.CA support and resistance levels.