GET DAILY SIGNALSU.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's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for MXF turned positive on October 13, 2026. Looking at past instances where MXF's MACD turned positive, the stock continued to rise in 42 of 45 cases over the following month. The odds of a continued upward trend are 90%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where MXF's RSI Oscillator exited the oversold zone, 22 of 26 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 85%.
The Momentum Indicator moved above the 0 level on November 04, 2026. You may want to consider a long position or call options on MXF as a result. In 62 of 70 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 89%.
MXF moved above its 50-day moving average on November 04, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for MXF crossed bullishly above the 50-day moving average on November 09, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 14 of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 78%.
Following a +2.43% 3-day Advance, the price is estimated to grow further. Considering data from situations where MXF advanced for three days, in 305 of 340 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The 50-day moving average for MXF moved below the 200-day moving average on October 14, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MXF declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 85%.
MXF broke above its upper Bollinger Band on November 09, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for MXF entered a downward trend on October 26, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
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