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 7 out of 10. HIMX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- HIMX is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 62% of 115 stocks in the same industry do better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- HIMX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so HIMX is performing more or less in line with the market.
- In the last month HIMX has a been trading in the 7.02 - 12.00 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- HIMX has an average volume of 2168220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, HIMX did better than 75% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- 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. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
HIMX Support and Resistance Analysis
7.20
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.10 to 8.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.27 to 7.33. 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 | 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 | 75.35 | POSITIVE | HIMX has a high relative strength, it outperformed 75.35% 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) | 72.31 | OVERBOUGHT | The high RSI value suggests HIMX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests HIMX has a positive trend. |
| Stochastics (14,3) | 72.41 | NEUTRAL | The Stochastics value for HIMX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.89 | HIGH VOLATILITY | The high ATR as a percentage value for HIMX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.17 | NEUTRAL | The ADX value for HIMX suggests a possible start of a new trend. |
HIMX Chart- and CandleStick Pattern Analysis
HIMX Technicals: Chart, Performance Metrics, Trend & Indicators
9.84
-0.29 (-2.86%)
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 7 / 10 to HIMX.
What is the trend direction for 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 72.3065. This indicates that the stock is currently overbought.
Can you provide the short term momentum for HIMAX TECHNOLOGIES INC-ADR?
The short term momentum for HIMAX TECHNOLOGIES INC-ADR (HIMX) is positive.