SOLARMAX TECHNOLOGY INC (SMXT) Stock Technical Analysis
NASDAQ:SMXT - Nasdaq - US83419H1032 - Common Stock - Currency: USD
Overall SMXT gets a technical rating of 1 out of 10. SMXT'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
96% of all other stocks performed better in the past year than SMXT.
SMXT is one of the lesser performing stocks in the Electrical Equipment industry. 76% of 97 stocks in the same industry do better.
SMXT is currently trading near the lower end of its 52 week range, which is not a good sign. SMXT is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month SMXT has a been trading in the 1.04 - 1.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, SMXT does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.11, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SMXT 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
1.06
1.25
2 important support areas can be observed.
- A support zone ranging from 1.11 to 1.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.07 to 1.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.15 to 1.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.20 to 1.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.23 to 1.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.07
Mansfield-5.24
10 Day High1.29
10 Day Low1.04
20 Day High1.29
20 Day Low1.04
52 Week High13.48
52 Week Low0.6
Performance
1 Week-5.04%
2 Weeks1.8%
1 Month4.63%
3 Month-27.1%
6 Month16.94%
12 Month-90.41%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)47.15
LBB1.08
UBB1.23
1.13
-0.06 (-5.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-5.04%
1 Week-5.04%
2 Weeks1.8%
1 Month4.63%
3 Month-27.1%
6 Month16.94%
12 Month-90.41%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%7.1%
ATR Inc-0.67%
Range Today0.09
ADR(20)0.08
ADR(20)%6.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.07
Mansfield-5.24
10 Day High1.29
10 Day Low1.04
20 Day High1.29
20 Day Low1.04
52 Week High13.48
52 Week Low0.6
CS1 End1.11
CR1 Start1.15
Volume & EV
DER(3)23.2%
DER(5)11.78%
Volume128.20K
Volume Incr-24.89%
Vol(5)76.38K
Vol(50)113.97K