MiX Telematics Limited (MIXT) Stock Technical Analysis
NYSE:MIXT - New York Stock Exchange, Inc. - US60688N1028 - ADR - Currency: USD
Overall MIXT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MIXT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MIXT did better than 96% of all other stocks.
MIXT is one of the better performing stocks in the Software industry, it outperforms 92% of 283 stocks in the same industry.
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.
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
9.56
14.70
We found 1 important support area.
- Support @9.66 from a trend line in the daily time frame.
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. |
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)
14.55
+0.35 (+2.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
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
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