MONOLITHIC POWER SYSTEMS INC (MPWR) Stock Technical Analysis
NASDAQ:MPWR - US6098391054 - Common Stock
835.76 USD
-22.7 (-2.64%)
835.4 USD
-0.36 (-0.04%)
Taking everything into account, MPWR scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MPWR is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
MPWR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MPWR is lagging the market slightly.
When compared to the yearly performance of all other stocks, MPWR outperforms 59% of them, which is more or less in line with the market.
MPWR is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 56% of 112 stocks in the same industry.
In the last month MPWR has a been trading in the 774.14 - 875.05 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, MPWR 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 support zone below the current price at 780.18, a Stop Loss order could be placed below this zone.
More info and screens
492.43
851.96
We found 3 important support areas.
- A support zone ranging from 763.05 to 780.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 711.23 to 714.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @497.40 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 838.16 to 843.52. This zone is formed by a combination of multiple trend lines and important moving averages 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 MPWR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MPWR is up. |
| ChartMill Relative Strength | 59.31 | NEUTRAL | MPWR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MPWR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MPWR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MPWR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.75 | NEUTRAL | The RSI value for MPWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.94 | NEGATIVE | The MACD value suggests MPWR has a negative trend. |
| Stochastics (14,3) | 73.22 | NEUTRAL | The Stochastics value for MPWR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for MPWR suggests some volalility. |
| Average Directional Index/ADX (14) | 29.59 | POSITIVE | The high ADX value value for MPWR 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)
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 |
|---|---|---|---|
| 843.53 | 805.93 | 37.60 (4.46%) | 22.43% |
| An entry @843.53. This is a Buy Stop order right above the resistance zone. | An exit @805.93. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 37.60 points, which is 4.46%. | When investing 22.43% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of MPWR. Please evaluate whether better entry and exit points can be found.
- 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.
835.76
-22.7 (-2.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.64%
1 Week-0.98%
2 Weeks1.12%
1 Month6.38%
3 Month26.27%
6 Month36.78%
12 Month-10.58%
2 Year60.35%
3 Year84.42%
5 Year212.87%
10 Year1637.91%
15 Year4992.99%
Volatility
ATR(14)28.51
ATR(20)%3.62%
ATR Inc-8.14%
Range Today28.33
ADR(20)29.26
ADR(20)%3.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.31
Mansfield0.94
10 Day High875.05
10 Day Low805.94
20 Day High875.05
20 Day Low774.14
52 Week High954
52 Week Low438.86
CS1 End780.18
CR1 Start838.16
Volume & EV
DER(3)-1.67%
DER(5)-0.59%
Volume568.90K
Volume Incr-39.77%
Vol(5)423.14K
Vol(50)577.51K