Canada - TSX:MXG - CA57773Y2096 - Common Stock
Overall MXG gets a technical rating of 5 out of 10. In the last year, MXG was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, 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 4.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.56, 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 4 important areas.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The short term trend for MXG.CA is neutral. |
ChartMill Relative Strength | 49.02 | NEUTRAL | MXG.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MXG.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MXG.CA is above the rising 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) | 59.04 | NEUTRAL | The RSI value for MXG.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MXG.CA has a positive trend. |
Stochastics (14,3) | 61.62 | NEUTRAL | The Stochastics value for MXG.CA is a neutral value. |
Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for MXG.CA suggests some volalility. |
Average Directional Index/ADX (14) | 13.14 | NEGATIVE | The low ADX value for MXG.CA suggests a weak or negative trend. |
TSX:MXG (10/22/2025, 7:00:00 PM)
4.7
+0.11 (+2.4%)