U.S.-Mexico Might Revamp NAFTA
The U.S. and Mexico have reportedly reached an agreement to revise the 24-year old North American Free Trade Agreement (NAFTA) according to two people familiar with the matter, as reported by Bloomberg.
U.S. President Donald Trump has long felt that the existing terms of NAFTA hurt American jobs, and so he had earlier threatened to either abolish it altogether or alter it to be more favorable to the U.S. The latest reports of the U.S. forming a bilateral pact with Mexico might potentially assuage some of the trade war intensity, but these preliminary talks still excludes Canada, which is also a party to NAFTA.
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
MXF in -2.02% downward trend, falling for three consecutive days on September 11, 2026
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where MXF declined for three days, in 217 of 256 cases, the price declined further within the following month. The odds of a continued downward trend are 85%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 04, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on MXF as a result. In 60 of 71 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 85%.
The Moving Average Convergence Divergence Histogram (MACD) for MXF turned negative on September 01, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In 37 of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at 82%.
MXF moved below its 50-day moving average on September 11, 2026 date and that indicates a change from an upward trend to a downward trend.
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a +1.26% 3-day Advance, the price is estimated to grow further. Considering data from situations where MXF advanced for three days, in 303 of 340 cases, the price rose further within the following month. The odds of a continued upward trend are 89%.
MXF may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In 250 of 265 cases where MXF Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
Industry description
Advertisement
General Information
Category Unknown
Advertisement