Logo image of MXG.CA

MAXIM POWER CORP (MXG.CA) Stock Technical Analysis

Canada - Toronto Stock Exchange - TSX:MXG - CA57773Y2096 - Common Stock

4.47 CAD
+0.04 (+0.9%)
Last: 12/5/2025, 7:00:00 PM
Technical Rating and Analysis

0

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.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, MXG is a bad performer in the overall market: 82% of all stocks are doing better.
MXG is part of the Independent Power and Renewable Electricity Producers industry. There are 33 other stocks in this industry, of which 75% are performing better than MXG.
MXG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: MXG has an average volume of 11267 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 4.12 - 4.56 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
MAXIM POWER CORP / MXG Weekly stock chart
MAXIM POWER CORP / MXG Daily stock chart
Setup Rating and Analysis

8

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.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

3.71

4.95

When analyzing the support we can see 3 important areas.

  • Support @4.45 from a horizontal line in the daily time frame.
  • A support zone ranging from 4.15 to 4.22. 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 3 important areas.

  • A resistance zone ranging from 4.47 to 4.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @4.65 from a horizontal 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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for MXG.CA is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for MXG.CA is neutral.
ChartMill Relative Strength18.9NEGATIVEMXG.CA has a low relative strength, it was outperformed by 81.1% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of MXG.CA is above a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of MXG.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of MXG.CA is above a declining SMA(200).
Relative Strength Index/RSI (14)53.14NEUTRALThe RSI value for MXG.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.03POSITIVEThe MACD value suggests MXG.CA has a positive trend.
Stochastics (14,3)91.06OVERBOUGHTThe high Stochastics value suggests MXG.CA may be overbought.
Average True Range in percent/ATR (20)2.43MEDIUM VOLATILITYThe ATR as a percentage value for MXG.CA suggests some volalility.
Average Directional Index/ADX (14)18.47NEGATIVEThe low ADX value for MXG.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
MAXIM POWER CORP / MXG Daily stock chart

MAXIM POWER CORP

TSX:MXG (12/5/2025, 7:00:00 PM)

4.47

+0.04 (+0.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.9%
1 Week4.44%
2 Weeks5.67%
1 Month-1.32%
3 Month1.13%
6 Month0.9%
12 Month-11.83%
2 Year-0.22%
3 Year31.47%
5 Year100.45%
10 Year51.01%
15 Year60.22%
Volatility
ATR(14)0.12
ATR(20)%2.43%
ATR Inc-38.12%
Range Today0.09
ADR(20)0.1
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.9
3 months CRS41.73
6 months CRS30.07
Mansfield-1.56
10 Day High4.5
10 Day Low4.12
20 Day High4.56
20 Day Low4.12
52 Week High6.53
52 Week Low3.63
CS1 End4.45
CR1 Start4.47
Volume & EV
DER(3)-3.44%
DER(5)5.93%
Volume7.95K
Volume Incr1.22%
Vol(5)12.11K
Vol(50)11.27K

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 0 / 10 to MXG.CA.


What is the current trend direction of MAXIM POWER CORP (MXG.CA) stock?

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 53.1375. This indicates that the stock is currently neutral.


What is the MACD signal for MAXIM POWER CORP (MXG.CA) stock?

The MACD indicator for MAXIM POWER CORP (MXG.CA) has a value of 0.0293434, indicating a bearish trend.


Can you provide the support and resistance levels for MAXIM POWER CORP?

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.