Solarmax Technology (SMXT) Technical Analysis: Signals, Charts & Indicators

1.84 / 10

Underperform

Technical analysis yields a low score of 1.84/10, with six bearish signals dominating the recent candlestick and MACD patterns, including Dark Cloud Cover, Marubozu White, and MACD Death Cross. Only Bearish Engulfing shows a neutral rise with a 4.17% average return. The preponderance of bearish indicators suggests a weak market trend and heightened downside risk in the short term. Investors should be cautious and consider waiting for a confirmed bullish reversal before entering positions.

Analysis Checks(0/7)

Long Lower Shadow

Score1/10

Win Rate34.78%

Hist. Signals69

Avg Return-2.33%

Long Upper Shadow

Score1.93/10

Win Rate46.81%

Hist. Signals47

Avg Return-1.17%

MACD Death Cross

Score2.24/10

Win Rate36.84%

Hist. Signals19

Avg Return1.70%

Bearish Engulfing

Score4.73/10

Win Rate50.00%

Hist. Signals8

Avg Return4.17%

MACD Golden Cross

Score1/10

Win Rate27.78%

Hist. Signals18

Avg Return-0.07%

Dark Cloud Cover

Score1/10

Win Rate33.33%

Hist. Signals3

Avg Return-1.63%

Marubozu White

Score1/10

Win Rate15.00%

Hist. Signals20

Avg Return-2.64%

What is the current technical signals for SMXT?

SMXT presents a Underperform setup with a Technical Score of 1.84/10. Key technical indicators highlight an RSI of 47.48 and a MACD of -0.01, with the trend anchored by the 50-Day SMA at 0.86. Traders should monitor key support at 0.74 and resistance at 0.83.