We assign a technical rating of 2 out of 10 to HIMX. HIMX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, HIMX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
7.08
3 important support areas can be observed.
We can see 4 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for HIMX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HIMX is neutral. |
| ChartMill Relative Strength | 47.21 | NEUTRAL | HIMX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HIMX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HIMX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HIMX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.57 | NEUTRAL | The RSI value for HIMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HIMX has a negative trend. |
| Stochastics (14,3) | 24.91 | NEUTRAL | The Stochastics value for HIMX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for HIMX suggests some volalility. |
| Average Directional Index/ADX (14) | 13.84 | NEGATIVE | The low ADX value for HIMX suggests a weak or negative trend. |
8.17
-0.09 (-1.09%)
ChartMill assigns a technical rating of 2 / 10 to HIMX.
The current trend direction for HIMAX TECHNOLOGIES INC-ADR (HIMX) is Bearish.
HIMAX TECHNOLOGIES INC-ADR (HIMX) has an RSI value of 46.5709. This indicates that the stock is currently neutral.
The short term momentum for HIMAX TECHNOLOGIES INC-ADR (HIMX) is neutral.