Logo image of MIXT

MiX Telematics Limited (MIXT) Stock Technical Analysis

USA - New York Stock Exchange - NYSE:MIXT - US60688N1028 - ADR

14.55 USD
+0.35 (+2.46%)
Last: 3/25/2024, 8:04:00 PM
14.01 USD
-0.54 (-3.71%)
After Hours: 3/25/2024, 8:04:00 PM
Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to MIXT. 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.
When comparing the yearly performance of all stocks, we notice that MIXT is one of the better performing stocks in the market, outperforming 96% of all stocks.
MIXT is part of the Software industry. There are 276 other stocks in this industry. MIXT outperforms 96% 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.
Weekly and Daily overview Charts
MiX Telematics Limited / MIXT Weekly stock chart
MiX Telematics Limited / MIXT Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

9.56

14.70

We found 1 important support area.

  • Support @9.66 from a trend line in the daily time frame.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for MIXT is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for MIXT is up.
ChartMill Relative Strength96.02POSITIVEMIXT has a high relative strength, it outperformed 96.02% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of MIXT is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of MIXT is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of MIXT is above the rising SMA(200).
Relative Strength Index/RSI (14)86.87OVERBOUGHTThe high RSI value suggests MIXT may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.45POSITIVEThe MACD value suggests MIXT has a positive trend, although the MACD value is declining.
Stochastics (14,3)94.84OVERBOUGHTThe high Stochastics value suggests MIXT may be overbought.
Average True Range in percent/ATR (20)4.58MEDIUM VOLATILITYThe ATR as a percentage value for MIXT suggests some volalility.
Average Directional Index/ADX (14)42.39POSITIVEThe high ADX value value for MIXT suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
MiX Telematics Limited / MIXT Daily stock chart

MiX Telematics Limited

NYSE:MIXT (3/25/2024, 8:04:00 PM)

After market: 14.01 -0.54 (-3.71%)

14.55

+0.35 (+2.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustrySoftware
Performance
% Chg2.46%
1 Week19.36%
2 Weeks58.67%
1 Month56.79%
3 Month68.99%
6 Month163.59%
12 Month87.74%
2 Year29.79%
3 Year5.59%
5 Year-12.72%
10 Year34.97%
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%4.58%
ATR Inc-13.34%
Range Today0.83
ADR(20)0.66
ADR(20)%4.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.02
3 months CRSN/A
6 months CRSN/A
Mansfield6.97
10 Day High14.85
10 Day Low9.15
20 Day High14.85
20 Day Low9.09
52 Week High14.85
52 Week Low4.75
CS1 End9.66
CR1 StartN/A
Volume & EV
DER(3)-0.24%
DER(5)1.53%
Volume534.10K
Volume Incr212.48%
Vol(5)403.90K
Vol(50)146.24K

MiX Telematics Limited / MIXT FAQ

Can you provide the ChartMill technical rating for MiX Telematics Limited?

ChartMill assigns a technical rating of 10 / 10 to MIXT.


Can you provide the trend direction for MiX Telematics Limited?

The current trend direction for MiX Telematics Limited (MIXT) is Bullish.


What is the RSI signal for MIXT stock?

MiX Telematics Limited (MIXT) has an RSI value of 86.8717. This indicates that the stock is currently overbought.


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.


Can you provide the support and resistance levels for MiX Telematics Limited?

MiX Telematics Limited (MIXT) has a support level at 9.66. Check the full technical report for our detailed analysis of MIXT support and resistance levels.