POWELL MAX LTD-CL A (PMAX) Stock Technical Analysis
USA - NASDAQ:PMAX - VGG7200G1000 - Common Stock
0.298 USD
+0 (+1.22%)
0.3 USD
+0 (+0.67%)
We assign a technical rating of 0 out of 10 to PMAX. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than PMAX.
PMAX is one of the lesser performing stocks in the Capital Markets industry. 88% of 237 stocks in the same industry do better.
PMAX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month PMAX has a been trading in the 0.23 - 0.46 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.
Although the technical rating is bad, PMAX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for PMAX 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.
More info and screens
0.30
0.52
We can see 4 important resistance areas.
- Resistance @0.30 from a trend line in the daily time frame.
- A resistance zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.33 from a trend line in the daily time frame.
- A resistance zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 1.84 | NEGATIVE | PMAX has a low relative strength, it was outperformed by 98.16% 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) | 43.77 | NEUTRAL | The RSI value for PMAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PMAX has a positive trend. |
| Stochastics (14,3) | 31.87 | NEUTRAL | The Stochastics value for PMAX is a neutral value. |
| Average True Range in percent/ATR (20) | 13.75 | HIGH VOLATILITY | The high ATR as a percentage value for PMAX suggests high volalility. |
| Average Directional Index/ADX (14) | 11.37 | NEGATIVE | The low ADX value for PMAX suggests a weak or negative trend. |
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)
0.298
+0 (+1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.22%
1 Week-3.56%
2 Weeks-6.87%
1 Month-12.3%
3 Month-22.74%
6 Month-21.56%
12 Month-92.24%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%13.75%
ATR Inc-67.61%
Range Today0.01
ADR(20)0.04
ADR(20)%13.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.84
Mansfield-7.71
10 Day High0.33
10 Day Low0.23
20 Day High0.46
20 Day Low0.23
52 Week High4.6
52 Week Low0.23
CS1 EndN/A
CR1 Start0.3
Volume & EV
DER(3)3.79%
DER(5)3.86%
Volume81.10K
Volume Incr-82.49%
Vol(5)350.58K
Vol(50)990.91K