POWELL MAX LTD-CL A (PMAX) Technical Analysis
NASDAQ:PMAX • VGG7200G1182
Current stock price
PMAX Technical Rating and Analysis
Taking everything into account, PMAX scores 0 out of 10 in our technical rating. PMAX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, PMAX is a bad performer in the overall market: 100% of all stocks are doing better.
- PMAX is part of the Capital Markets industry. There are 239 other stocks in this industry, of which 88% are performing better than PMAX.
- PMAX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PMAX is lagging the market.
- In the last month PMAX has a been trading in the 0.28 - 1.36 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- PMAX has an average volume of 1384980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PMAX Weekly and Daily overview Charts
PMAX Setup Rating and Analysis
The technical rating of PMAX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
PMAX Support and Resistance Analysis
PMAX 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 | DOWN | NEGATIVE | The long term trend for PMAX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PMAX is down. |
| ChartMill Relative Strength | 0.8 | NEGATIVE | PMAX has a low relative strength, it was outperformed by 99.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PMAX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PMAX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PMAX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.07 | OVERSOLD | The low RSI value suggests PMAX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PMAX has a positive trend. |
| Stochastics (14,3) | 14.37 | OVERSOLD | The low Stochastics value suggests PMAX may be oversold. |
| Average True Range in percent/ATR (20) | 33.22 | HIGH VOLATILITY | The high ATR as a percentage value for PMAX suggests high volalility. |
| Average Directional Index/ADX (14) | 49.55 | POSITIVE | The high ADX value value for PMAX suggests a strong trend. |
PMAX Chart- and CandleStick Pattern Analysis
PMAX Technicals: Chart, Performance Metrics, Trend & Indicators
0.3776
+0.07 (+22.2%)
POWELL MAX LTD-CL A / PMAX TA FAQ
What is the technical rating for PMAX stock?
ChartMill assigns a technical rating of 0 / 10 to PMAX.
Can you provide the trend direction for POWELL MAX LTD-CL A?
The current trend direction for POWELL MAX LTD-CL A (PMAX) is Bearish.
What is the RSI signal for POWELL MAX LTD-CL A (PMAX) stock?
POWELL MAX LTD-CL A (PMAX) has an RSI value of 23.0715. This indicates that the stock is currently oversold.
Can you provide the short term momentum for POWELL MAX LTD-CL A?
The short term momentum for POWELL MAX LTD-CL A (PMAX) is negative.