HIMAX TECHNOLOGIES INC-ADR (HIMX) Stock Technical Analysis
NASDAQ:HIMX - US43289P1066 - ADR
8.18 USD
+0.41 (+5.28%)
8.3 USD
+0.12 (+1.47%)
We assign a technical rating of 3 out of 10 to HIMX. Although HIMX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
HIMX has an average volume of 1257030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that HIMX is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
HIMX is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, HIMX did better than 66% of them.
HIMX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HIMX is lagging the market.
In the last month HIMX has a been trading in the 7.04 - 9.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of HIMX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.60
9.25
3 important support areas can be observed.
- A support zone ranging from 7.15 to 7.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.71 from a trend line in the daily time frame.
- Support @5.66 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @8.90 from a trend line in the weekly time frame.
- Resistance @9.16 from a trend line in the daily time frame.
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 | 80.12 | POSITIVE | HIMX has a high relative strength, it outperformed 80.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HIMX is above 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) | UP | MIXED | The current price of HIMX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.29 | NEUTRAL | The RSI value for HIMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests HIMX has a positive trend. |
| Stochastics (14,3) | 58.14 | NEUTRAL | The Stochastics value for HIMX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for HIMX suggests some volalility. |
| Average Directional Index/ADX (14) | 27.68 | POSITIVE | The high ADX value value for HIMX suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
8.18
+0.41 (+5.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg5.28%
1 Week7.77%
2 Weeks10.84%
1 Month-10.11%
3 Month0.37%
6 Month-18.85%
12 Month38.41%
2 Year33.88%
3 Year31.3%
5 Year117.55%
10 Year18.21%
15 Year238.02%
Volatility
ATR(14)0.37
ATR(20)%4.18%
ATR Inc-7.34%
Range Today0.54
ADR(20)0.28
ADR(20)%3.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.12
Mansfield-0.41
10 Day High8.34
10 Day Low7.24
20 Day High9.25
20 Day Low7.04
52 Week High13.91
52 Week Low5.12
CS1 End7.37
CR1 Start8.9
Volume & EV
DER(3)-2.81%
DER(5)-1.68%
Volume1.84M
Volume Incr-4.66%
Vol(5)1.18M
Vol(50)1.26M