MiX Telematics Limited (MIXT) Technical Analysis
NYSE:MIXT • US60688N1028
Current stock price
MIXT Technical Rating and Analysis
Taking everything into account, MIXT scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MIXT is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, MIXT did better than 96% of all other stocks.
- MIXT is part of the Software industry. There are 272 other stocks in this industry. MIXT outperforms 95% of them.
- MIXT 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 MIXT has a been trading in the 9.09 - 14.85 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MIXT Weekly and Daily overview Charts
MIXT Setup Rating and Analysis
Although MIXT has an excellent technical rating, it 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.
More info and screens
MIXT Support and Resistance Analysis
9.56
We found 1 important support area.
- Support @9.66 from a trend line in the daily time frame.
MIXT 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 MIXT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MIXT is up. |
| ChartMill Relative Strength | 96.02 | POSITIVE | MIXT has a high relative strength, it outperformed 96.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MIXT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MIXT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MIXT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 86.87 | OVERBOUGHT | The high RSI value suggests MIXT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests MIXT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.84 | OVERBOUGHT | The high Stochastics value suggests MIXT may be overbought. |
| Average True Range in percent/ATR (20) | 4.58 | MEDIUM VOLATILITY | The ATR as a percentage value for MIXT suggests some volalility. |
| Average Directional Index/ADX (14) | 42.39 | POSITIVE | The high ADX value value for MIXT suggests a strong trend. |
MIXT Chart- and CandleStick Pattern Analysis
MIXT Technicals: Chart, Performance Metrics, Trend & Indicators
14.55
+0.35 (+2.46%)
MiX Telematics Limited / MIXT TA FAQ
Can you provide the ChartMill technical rating for MiX Telematics Limited?
ChartMill assigns a technical rating of 10 / 10 to MIXT.
What is the current trend direction of MiX Telematics Limited (MIXT) stock?
The current trend direction for MiX Telematics Limited (MIXT) is Bullish.
What is the RSI signal for MiX Telematics Limited (MIXT) stock?
MiX Telematics Limited (MIXT) has an RSI value of 86.8717. This indicates that the stock is currently overbought.
What is the short term momentum for MiX Telematics Limited (MIXT) stock?
The short term momentum for MiX Telematics Limited (MIXT) is positive.
What is the buy/sell signal for MIXT stock?
The buy/sell signal for MiX Telematics Limited (MIXT) is buy as both the short term and long term trends are positive.