We assign a technical rating of 6 out of 10 to HIMX. HIMX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
HIMX has an average technical rating and it also does not offer a high 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.
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6.96
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.65 to 8.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.29 from a trend line in the weekly time frame.
- Support @7.03 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @8.91 from a trend line in the weekly time frame.
- Resistance @9.55 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 9.76 to 9.77. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for HIMX is up. |
| ChartMill Relative Strength | 54.86 | NEUTRAL | HIMX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HIMX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HIMX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HIMX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.12 | NEUTRAL | The RSI value for HIMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests HIMX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.58 | NEUTRAL | The Stochastics value for HIMX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.43 | MEDIUM VOLATILITY | The ATR as a percentage value for HIMX suggests some volalility. |
| Average Directional Index/ADX (14) | 32.78 | POSITIVE | The high ADX value value for HIMX suggests a strong trend. |
8.68
-0.43 (-4.72%)
HIMAX TECHNOLOGIES INC-ADR / HIMX FAQ
What is the ChartMill technical rating of HIMAX TECHNOLOGIES INC-ADR (HIMX) stock?
ChartMill assigns a technical rating of 6 / 10 to HIMX.
What is the current trend direction of HIMAX TECHNOLOGIES INC-ADR (HIMX) stock?
The current trend direction for HIMAX TECHNOLOGIES INC-ADR (HIMX) is Bearish.
What is the RSI signal for HIMX stock?
HIMAX TECHNOLOGIES INC-ADR (HIMX) has an RSI value of 55.1185. This indicates that the stock is currently neutral.
What is the MACD signal for HIMX stock?
The MACD indicator for HIMAX TECHNOLOGIES INC-ADR (HIMX) has a value of 0.195857, indicating a bearish trend.
What are the support and resistance levels for HIMAX TECHNOLOGIES INC-ADR (HIMX) stock?
HIMAX TECHNOLOGIES INC-ADR (HIMX) has a support level at 8.67 and a resistance level at 8.91. Check the full technical report for our detailed analysis of HIMX support and resistance levels.