MAXIM POWER CORP (MXG.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:MXG - CA57773Y2096 - Common Stock
Taking everything into account, MXG scores 2 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.
MXG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.45. Right above this resistance zone may be a good entry point.
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3.71
When analyzing the support we can see 3 important areas.
- Support @4.35 from a trend line in the weekly time frame.
- A support zone ranging from 4.15 to 4.23. 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 4.45 to 4.48. 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 4.80 to 4.81. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 | 12.23 | NEGATIVE | MXG.CA has a low relative strength, it was outperformed by 87.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MXG.CA is above 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 | MIXED | The current price of MXG.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.13 | 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) | 65 | NEUTRAL | The Stochastics value for MXG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for MXG.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 8.29 | NEGATIVE | The low ADX value for MXG.CA suggests a weak or negative trend. |
TSX:MXG (1/5/2026, 7:00:00 PM)
4.45
+0.01 (+0.23%)
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 2 / 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 51.1329. 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 0.00347051, 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 4.35 and a resistance level at 4.45. Check the full technical report for our detailed analysis of MXG.CA support and resistance levels.