Taking everything into account, MPWR scores 7 out of 10 in our technical rating. 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.
MPWR has an excellent technical rating, but the quality of the setup is only medium 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.
825.80
We found 3 important support areas.
When analyzing the resistance we notice one important area.
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 | 91.18 | POSITIVE | MPWR has a high relative strength, it outperformed 91.18% 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) | 47.81 | NEUTRAL | The RSI value for MPWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.9 | NEGATIVE | The MACD value suggests MPWR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.05 | NEUTRAL | The Stochastics value for MPWR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.46 | HIGH VOLATILITY | The high ATR as a percentage value for MPWR suggests high volalility. |
| Average Directional Index/ADX (14) | 28.16 | POSITIVE | The high ADX value value for MPWR suggests a strong trend. |
924.95
+16.34 (+1.8%)
ChartMill assigns a technical rating of 7 / 10 to MPWR.
The current trend direction for MONOLITHIC POWER SYSTEMS INC (MPWR) is Bullish.
MONOLITHIC POWER SYSTEMS INC (MPWR) has an RSI value of 47.8137. This indicates that the stock is currently neutral.
The buy/sell signal for MONOLITHIC POWER SYSTEMS INC (MPWR) is hold as the short term and long term trends are mixed.
MONOLITHIC POWER SYSTEMS INC (MPWR) has a support level at 872.51 and a resistance level at 924.96. Check the full technical report for our detailed analysis of MPWR support and resistance levels.