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.
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, SMXT is a bad performer in the overall market: 96% of all stocks are doing better.
SMXT is part of the Electrical Equipment industry. There are 94 other stocks in this industry, of which 79% are performing better than SMXT.
SMXT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SMXT has a been trading in the 1.01 - 1.18 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.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SMXT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.08, a Stop Loss order could be placed below this zone.
More info and screens
1.04
1.24
2 important support areas can be observed.
- A support zone ranging from 1.07 to 1.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 1.05 to 1.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.10 to 1.10. 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 1.13 to 1.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.16 from a trend line 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.
- Resistance @1.23 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for SMXT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMXT is down. |
| ChartMill Relative Strength | 4.22 | NEGATIVE | SMXT has a low relative strength, it was outperformed by 95.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SMXT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SMXT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SMXT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.19 | NEUTRAL | The RSI value for SMXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SMXT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.48 | NEUTRAL | The Stochastics value for SMXT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.97 | MEDIUM VOLATILITY | The ATR as a percentage value for SMXT suggests some volalility. |
| Average Directional Index/ADX (14) | 12.41 | NEGATIVE | The low ADX value for SMXT 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)
NASDAQ:SMXT (7/11/2025, 8:00:02 PM)
1.09
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0%
1 Week-0.91%
2 Weeks-3.54%
1 Month-2.68%
3 Month-9.17%
6 Month-21.01%
12 Month-67.17%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%4.97%
ATR Inc-35.41%
Range Today0.04
ADR(20)0.05
ADR(20)%4.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.22
Mansfield-3.35
10 Day High1.18
10 Day Low1.01
20 Day High1.18
20 Day Low1.01
52 Week High4.45
52 Week Low0.6
CS1 End1.08
CR1 Start1.1
Volume & EV
DER(3)-2.91%
DER(5)-0.1%
Volume96.80K
Volume Incr-72.23%
Vol(5)71.66K
Vol(50)167.81K