HIMAX TECHNOLOGIES INC-ADR (HIMX) Stock Technical Analysis
NASDAQ:HIMX - Nasdaq - US43289P1066 - ADR - Currency: USD
Overall HIMX gets a technical rating of 8 out of 10. In the last year, HIMX was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
HIMX is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 72% of 110 stocks in the same industry.
HIMX has an average volume of 1295700 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 86% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
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 8.54 - 9.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, HIMX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 9.45. Right above this resistance zone may be a good entry point.
More info and screens
5.52
9.55
We found 4 important support areas.
- Support @8.14 from a horizontal line in the daily time frame.
- Support @7.00 from a trend line in the weekly time frame.
- Support @6.44 from a trend line in the daily time frame.
- Support @5.58 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.45 to 9.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 86.22 | POSITIVE | HIMX has a high relative strength, it outperformed 86.22% 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) | 58.22 | NEUTRAL | The RSI value for HIMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HIMX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.16 | NEUTRAL | The Stochastics value for HIMX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.1 | MEDIUM VOLATILITY | The ATR as a percentage value for HIMX suggests some volalility. |
| Average Directional Index/ADX (14) | 18.74 | NEGATIVE | The low ADX value for HIMX suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.47 | 8.57 | 0.90 (9.50%) | 10.52% |
| An entry @9.47. This is a Buy Stop order right above the resistance zone. | An exit @8.57. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.90 points, which is 9.50%. | When investing 10.52% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
9.38
+0.1 (+1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.08%
1 Week-0.42%
2 Weeks-0.53%
1 Month2.51%
3 Month48.42%
6 Month22.14%
12 Month14.25%
2 Year35.94%
3 Year31.01%
5 Year141.75%
10 Year30.28%
15 Year206.54%
Volatility
ATR(14)0.4
ATR(20)%4.1%
ATR Inc-40.69%
Range Today0.24
ADR(20)0.36
ADR(20)%3.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.22
Mansfield1.58
10 Day High9.82
10 Day Low8.58
20 Day High9.82
20 Day Low8.54
52 Week High13.91
52 Week Low5.12
CS1 End8.14
CR1 Start9.45
Volume & EV
DER(3)1.63%
DER(5)-0.77%
Volume967.40K
Volume Incr-29.24%
Vol(5)983.84K
Vol(50)1.30M