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MAXIM POWER CORP (MXG.CA) Stock Technical Analysis

TSX:MXG - Toronto Stock Exchange - CA57773Y2096 - Common Stock - Currency: CAD

3.81  -0.14 (-3.54%)

Technical Rating and Analysis

0

Taking everything into account, MXG scores 0 out of 10 in our technical rating. 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
85% of all other stocks performed better in the past year than MXG.
MXG is part of the Independent Power and Renewable Electricity Producers industry. There are 39 other stocks in this industry, of which 97% are performing better than MXG.
MXG is currently trading near the lower end of its 52 week range, which is not a good sign. MXG is lagging the S&P500 Index which is trading in the middle of its 52 week range.
MXG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: MXG has an average volume of 10983 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MAXIM POWER CORP / MXG Weekly stock chart
MAXIM POWER CORP / MXG Daily stock chart
Setup Rating and Analysis

6

MXG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 3.75, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

3.67

4.00

When analyzing the support we notice one important area.

  • 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.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 3.82 to 3.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @3.96 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.59
Mansfield-1.45
10 Day High4.03
10 Day Low3.63
20 Day High4.23
20 Day Low3.63
52 Week High6.53
52 Week Low3.63
Performance
1 Week1.06%
2 Weeks0.53%
1 Month-10.77%
3 Month-35.86%
6 Month-10.77%
12 Month-13.8%
2 Year4.67%
3 Year3.53%
5 Year78.87%
10 Year51.19%
15 Year27%
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)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)38.01
LBB3.69
UBB4
MAXIM POWER CORP / MXG Daily stock chart

MAXIM POWER CORP

TSX:MXG (5/1/2025, 7:00:00 PM)

3.81

-0.14 (-3.54%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-3.54%
1 Week1.06%
2 Weeks0.53%
1 Month-10.77%
3 Month-35.86%
6 Month-10.77%
12 Month-13.8%
2 Year4.67%
3 Year3.53%
5 Year78.87%
10 Year51.19%
15 Year27%
Volatility
ATR(14)0.16
ATR(20)%5.28%
ATR Inc49.78%
Range Today0.22
ADR(20)0.19
ADR(20)%4.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.59
Mansfield-1.45
10 Day High4.03
10 Day Low3.63
20 Day High4.23
20 Day Low3.63
52 Week High6.53
52 Week Low3.63
CS1 End3.75
CR1 Start3.82
Volume & EV
DER(3)-5.19%
DER(5)-2.98%
Volume10.05K
Volume Incr-35.82%
Vol(5)6.73K
Vol(50)10.98K