HIMAX TECHNOLOGIES INC-ADR (HIMX) Technical Analysis
NASDAQ:HIMX • US43289P1066
Current stock price
HIMX Technical Rating and Analysis
Overall HIMX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, HIMX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- HIMX is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, of which 63% are performing better than HIMX.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, HIMX did better than 89% of all other stocks. On top of that, HIMX also shows a nice and consistent pattern of rising prices.
- HIMX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month HIMX has a been trading in the 7.37 - 12.11 range, which is quite wide. It is currently trading near the high of this range.
- HIMX has an average volume of 3225930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
HIMX Weekly and Daily overview Charts
HIMX Setup Rating and Analysis
Although HIMX has an excellent technical rating, it does not present a decent entry opportunity 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
HIMX Support and Resistance Analysis
7.20
When analyzing the support we notice one important area.
- A support zone ranging from 7.27 to 7.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
HIMX Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for HIMX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HIMX is up. |
| ChartMill Relative Strength | 89.68 | POSITIVE | HIMX has a high relative strength, it outperformed 89.68% off all stocks 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) | UP | POSITIVE | The current price of HIMX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.84 | OVERBOUGHT | The high RSI value suggests HIMX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests HIMX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.09 | OVERBOUGHT | The high Stochastics value suggests HIMX may be overbought. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for HIMX suggests high volalility. |
| Average Directional Index/ADX (14) | 32.92 | POSITIVE | The high ADX value value for HIMX suggests a strong trend. |
HIMX Chart- and CandleStick Pattern Analysis
HIMX Technicals: Chart, Performance Metrics, Trend & Indicators
11.55
-0.09 (-0.77%)
HIMAX TECHNOLOGIES INC-ADR / HIMX TA FAQ
What is the ChartMill technical rating of HIMAX TECHNOLOGIES INC-ADR (HIMX) stock?
ChartMill assigns a technical rating of 10 / 10 to HIMX.
What is the trend direction for HIMX stock?
The current trend direction for HIMAX TECHNOLOGIES INC-ADR (HIMX) is Bullish.
What is the RSI signal for HIMAX TECHNOLOGIES INC-ADR (HIMX) stock?
HIMAX TECHNOLOGIES INC-ADR (HIMX) has an RSI value of 72.8403. This indicates that the stock is currently overbought.
What is the MACD signal for HIMX stock?
The MACD indicator for HIMAX TECHNOLOGIES INC-ADR (HIMX) has a value of 0.268231, indicating a bearish trend.
What is the short term momentum for HIMAX TECHNOLOGIES INC-ADR (HIMX) stock?
The short term momentum for HIMAX TECHNOLOGIES INC-ADR (HIMX) is positive.