Technical Analysis for MXC - Mexco Energy Corporation

Grade Last Price % Change Price Change
D 11.46 -4.52% -0.54
MXC closed down 4.52 percent on Wednesday, July 3, 2024, on 27 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Up

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Inside Day Range Contraction 0.00%
200 DMA Support Bullish -4.52%
Crossed Above 20 DMA Bullish -4.52%
Crossed Above 50 DMA Bullish -4.52%
Expansion Pivot Buy Setup Bullish Swing Setup -4.52%
Wide Range Bar Range Expansion -4.52%
Gapped Up Strength -4.52%
200 DMA Support Bullish 0.42%
Gapped Down Weakness 0.42%

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Profile

Mexco Energy Corporation Description

Mexco Energy Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of natural gas, crude oil, condensate, and natural gas liquids in the United States. It owns interests in and operates 18 producing wells and 1 water injection well; and partial interests in an additional 3,269 producing wells located in the states of Texas, New Mexico, Oklahoma, Louisiana, Alabama, Mississippi, Arkansas, Wyoming, Kansas, Colorado, Montana, and North Dakota. As of March 31, 2013, the company's total estimated proved reserves were approximately 7.844 billion cubic feet of natural gas and 366,000 barrels of oil and natural gas liquids. It also had interests in 29.3 net oil and gas wells, and owned leasehold interests in approximately 3,942 net acres. The company was formerly known as Miller Oil Company and changed its name to Mexco Energy Corporation in April 1980. Mexco Energy Corporation was founded in 1972 and is based in Midland, Texas.


Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Natural Gas Oil And Gas Crude Oil Petroleum Natural Gas Liquids Natural Gas Processing Gas Wells Oil And Gas Wells

Is MXC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 16.3822
52 Week Low 8.9448
Average Volume 3,147
200-Day Moving Average 11.24
50-Day Moving Average 11.77
20-Day Moving Average 11.41
10-Day Moving Average 11.40
Average True Range 0.46
RSI (14) 48.72
ADX 10.04
+DI 28.32
-DI 26.82
Chandelier Exit (Long, 3 ATRs) 11.01
Chandelier Exit (Short, 3 ATRs) 12.20
Upper Bollinger Bands 12.01
Lower Bollinger Band 10.82
Percent B (%b) 0.54
BandWidth 10.43
MACD Line -0.07
MACD Signal Line -0.13
MACD Histogram 0.061
Fundamentals Value
Market Cap 24.11 Million
Num Shares 2.1 Million
EPS 1.32
Price-to-Earnings (P/E) Ratio 8.68
Price-to-Sales 2.99
Price-to-Book 1.20
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.26
Resistance 3 (R3) 12.34 12.17 12.12
Resistance 2 (R2) 12.17 11.96 12.12 12.08
Resistance 1 (R1) 11.81 11.84 11.72 11.72 12.03
Pivot Point 11.64 11.64 11.59 11.59 11.64
Support 1 (S1) 11.28 11.43 11.19 11.19 10.88
Support 2 (S2) 11.10 11.31 11.06 10.84
Support 3 (S3) 10.75 11.10 10.79
Support 4 (S4) 10.66