MONOLITHIC POWER SYSTEMS INC (MPWR) Technical Analysis
NASDAQ:MPWR • US6098391054
We assign a technical rating of 8 out of 10 to MPWR. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month MPWR has a been trading in the 1051.79 - 1256.22 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Looking at the yearly performance, MPWR did better than 91% of all other stocks. We also observe that the gains produced by MPWR over the past year are nicely spread over this period.
- 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.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- MPWR is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 65% of 115 stocks in the same industry.
Although MPWR has an excellent technical rating, it does not present a decent entry opportunity 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
825.80
When analyzing the support we can see 5 important areas.
- A support zone ranging from 1074.36 to 1078.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1051.88 from a trend line in the weekly time frame.
- Support @993.22 from a trend line in the daily time frame.
- Support @918.11 from a trend line in the daily time frame.
- Support @834.14 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1229.82 to 1231.96. 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 MPWR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MPWR is down. |
| ChartMill Relative Strength | 91.29 | POSITIVE | MPWR has a high relative strength, it outperformed 91.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MPWR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MPWR is below 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) | 42.41 | NEUTRAL | The RSI value for MPWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -19.81 | NEGATIVE | The MACD value suggests MPWR has a negative trend. |
| Stochastics (14,3) | 10.71 | OVERSOLD | The low Stochastics value suggests MPWR may be oversold. |
| Average True Range in percent/ATR (20) | 5.32 | HIGH VOLATILITY | The high ATR as a percentage value for MPWR suggests high volalility. |
| Average Directional Index/ADX (14) | 22.73 | NEUTRAL | The ADX value for MPWR suggests a possible start of a new trend. |
MPWR Technicals: Chart, Performance Metrics, Trend & Indicators
1078.44
-20.58 (-1.87%)
MONOLITHIC POWER SYSTEMS INC / MPWR FAQ
Can you provide the ChartMill technical rating for MONOLITHIC POWER SYSTEMS INC?
ChartMill assigns a technical rating of 8 / 10 to MPWR.
What is the trend direction for MPWR stock?
The current trend direction for MONOLITHIC POWER SYSTEMS INC (MPWR) is Bullish.
What is the RSI signal for MPWR stock?
MONOLITHIC POWER SYSTEMS INC (MPWR) has an RSI value of 42.4081. This indicates that the stock is currently neutral.
What is the short term momentum for MONOLITHIC POWER SYSTEMS INC (MPWR) stock?
The short term momentum for MONOLITHIC POWER SYSTEMS INC (MPWR) is negative.
What is the buy/sell signal for MPWR stock?
The buy/sell signal for MONOLITHIC POWER SYSTEMS INC (MPWR) is hold as the short term and long term trends are mixed.