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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 86% 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. 63% of 91 stocks in the same industry do better.
- 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.
- SMXT has an average volume of 1126070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SMXT has a been trading in the 0.70 - 1.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of SMXT 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
0.96
3 important resistance areas can be observed.
- A resistance zone ranging from 0.98 to 0.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.01 to 1.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.07 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 | NEUTRAL | NEUTRAL | The short term trend for SMXT is neutral. |
| ChartMill Relative Strength | 14.14 | NEGATIVE | SMXT has a low relative strength, it was outperformed by 85.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SMXT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SMXT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMXT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.19 | NEUTRAL | The RSI value for SMXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SMXT has a positive trend. |
| Stochastics (14,3) | 32.51 | NEUTRAL | The Stochastics value for SMXT is a neutral value. |
| Average True Range in percent/ATR (20) | 10.42 | HIGH VOLATILITY | The high ATR as a percentage value for SMXT suggests high volalility. |
| Average Directional Index/ADX (14) | 29.13 | POSITIVE | The high ADX value value for SMXT suggests a strong trend. |
0.968
+0.09 (+10%)
SOLARMAX TECHNOLOGY INC / SMXT FAQ
What is the technical rating for SMXT stock?
ChartMill assigns a technical rating of 1 / 10 to SMXT.
What is the current trend direction of SOLARMAX TECHNOLOGY INC (SMXT) stock?
The current trend direction for SOLARMAX TECHNOLOGY INC (SMXT) is Bearish.
What is the RSI signal for SOLARMAX TECHNOLOGY INC (SMXT) stock?
SOLARMAX TECHNOLOGY INC (SMXT) has an RSI value of 58.1903. This indicates that the stock is currently neutral.
What is the MACD signal for SMXT stock?
The MACD indicator for SOLARMAX TECHNOLOGY INC (SMXT) has a value of 0.0145774, indicating a bearish trend.
Can you provide the support and resistance levels for SOLARMAX TECHNOLOGY INC?
SOLARMAX TECHNOLOGY INC (SMXT) has a resistance level at 0.98. Check the full technical report for our detailed analysis of SMXT support and resistance levels.