Technical Analysis for SMXT - Solarmax Technology Inc.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | N/A | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Wide Bands | Range Expansion | 1.28% | |
| Overbought Stochastic | Strength | 1.28% | |
| Up 3 Days in a Row | Strength | 1.28% | |
| Up 4 Days in a Row | Strength | 1.28% | |
| Up 5 Days in a Row | Strength | 1.28% | |
| Upper Bollinger Band Touch | Strength | 1.28% | |
| Shooting Star Candlestick | Bearish | 6.99% | |
| Stochastic Reached Overbought | Strength | 6.99% | |
| Wide Bands | Range Expansion | 6.99% | |
| Overbought Stochastic | Strength | 6.99% |
| Alert | Time |
|---|---|
| Up 1% | 5 minutes ago |
| Upper Bollinger Band Resistance | about 19 hours ago |
| 60 Minute Opening Range Breakout | about 19 hours ago |
| Rose Above Previous Day's High | about 19 hours ago |
| Up 5% | about 19 hours ago |
Free Daily (Stock) Chart Reading
- Earnings date: 04/17/2024
Solarmax Technology Inc. Description
SolarMax is an integrated solar and renewable energy company. A solar energy system retains the direct current (DC) electricity from the sun and converts it to alternating current (AC) electricity that can be used to power residential homes and commercial businesses. The solar business is based on the ability of the users of solar energy systems to save on energy costs and reduce their carbon imprint as compared with power purchased from the local electricity utility company. SolarMax was founded in 2008 to engage in the solar business in the United States and commenced operations in China in 2016. SolarMax's United States operations primarily consist of the sale and installation of photovoltaic and battery backup systems for residential and commercial customers and sales of LED systems and services to government and commercial users. SolarMax's China operations consist primarily of identifying and procuring solar farm projects for resale to third parties and performing EPC services primarily for solar farm projects. All of SolarMax's revenues for 2022 and 2023 has been generated by its United States operations.
Classification
Sector: Technology
Industry: Solar
Keywords: Electricity Renewable Energy Photovoltaics Infrastructure Renewable Energy Technology Bright Green Environmentalism Photovoltaic Power Station Energy Costs Solar Energy System Solar Energy Systems
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 15.88 |
| 52 Week Low | 3.5 |
| Average Volume | 201,930 |
| 200-Day Moving Average | 0.00 |
| 50-Day Moving Average | 9.70 |
| 20-Day Moving Average | 9.88 |
| 10-Day Moving Average | 10.91 |
| Average True Range | 1.71 |
| RSI (14) | 60.78 |
| ADX | 25.5 |
| +DI | 28.10 |
| -DI | 16.47 |
| Chandelier Exit (Long, 3 ATRs) | 10.75 |
| Chandelier Exit (Short, 3 ATRs) | 11.18 |
| Upper Bollinger Bands | 12.93 |
| Lower Bollinger Band | 6.83 |
| Percent B (%b) | 0.94 |
| BandWidth | 61.74 |
| MACD Line | 0.58 |
| MACD Signal Line | 0.38 |
| MACD Histogram | 0.2029 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 14.64 | ||||
| Resistance 3 (R3) | 14.55 | 13.75 | 14.29 | ||
| Resistance 2 (R2) | 13.75 | 13.22 | 13.80 | 14.17 | |
| Resistance 1 (R1) | 13.15 | 12.89 | 13.45 | 13.24 | 14.06 |
| Pivot Point | 12.35 | 12.35 | 12.50 | 12.40 | 12.35 |
| Support 1 (S1) | 11.75 | 11.82 | 12.05 | 11.84 | 11.02 |
| Support 2 (S2) | 10.95 | 11.49 | 11.00 | 10.91 | |
| Support 3 (S3) | 10.35 | 10.95 | 10.79 | ||
| Support 4 (S4) | 10.44 |
