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 3 out of 10 to MXG. Recently some decent action could be observed, but in the medium term time frame this is still negative. MXG was also a bad performer in the overall market in the last year.
- 77% of all other stocks performed better in the past year than MXG.
- MXG is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 93% of 32 stocks in the same industry do better.
- Warning: MXG has an average volume of 5381 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month MXG has a been trading in the 4.30 - 4.59 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.
- MXG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MXG is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
MXG.CA Weekly and Daily overview Charts
MXG.CA Setup Rating and Analysis
Although the technical rating is bad, MXG does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 4.46, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
MXG.CA Support and Resistance Analysis
3.71
We found 4 important support areas.
- A support zone ranging from 4.34 to 4.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.22 to 4.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.15 from a horizontal line in the daily time frame.
- Support @3.75 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.62 to 4.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
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 | NEUTRAL | NEUTRAL | The long term trend for MXG.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MXG.CA is up. |
| ChartMill Relative Strength | 23.79 | NEGATIVE | MXG.CA has a low relative strength, it was outperformed by 76.21% off all stocks 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) | DOWN | MIXED | The current price of MXG.CA is above a declining 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) | 50.26 | NEUTRAL | The RSI value for MXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MXG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.33 | NEUTRAL | The Stochastics value for MXG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for MXG.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.49 | 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 (3/16/2026, 7:00:00 PM)
4.46
-0.06 (-1.33%)
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 3 / 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 50.2643. 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 0.00449616, 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 4.46 and a resistance level at 4.62. Check the full technical report for our detailed analysis of MXG.CA support and resistance levels.