Taking everything into account, MPWR scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MPWR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, MPWR did better than 92% of all other stocks. On top of that, MPWR also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by MPWR, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month MPWR has a been trading in the 944.00 - 1250.00 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.
- MPWR is part of the Semiconductors & Semiconductor Equipment industry. There are 113 other stocks in this industry, MPWR did better than 66% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MPWR 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
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4 important support areas can be observed.
- A support zone ranging from 1001.84 to 1004.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @959.15 from a trend line in the daily time frame.
- Support @902.82 from a trend line in the daily time frame.
- Support @834.14 from a horizontal 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 MPWR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MPWR is up. |
| ChartMill Relative Strength | 92.51 | POSITIVE | MPWR has a high relative strength, it outperformed 92.51% off all stocks 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) | 71.91 | OVERBOUGHT | The high RSI value suggests MPWR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 9.1 | POSITIVE | The MACD value suggests MPWR has a positive trend. |
| Stochastics (14,3) | 72.79 | NEUTRAL | The Stochastics value for MPWR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for MPWR suggests some volalility. |
| Average Directional Index/ADX (14) | 30.22 | POSITIVE | The high ADX value value for MPWR suggests a strong trend. |
1229.82
+73.83 (+6.39%)
MONOLITHIC POWER SYSTEMS INC / MPWR FAQ
Can you provide the ChartMill technical rating for MONOLITHIC POWER SYSTEMS INC?
ChartMill assigns a technical rating of 10 / 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 71.9139. This indicates that the stock is currently overbought.
What is the short term momentum for MONOLITHIC POWER SYSTEMS INC (MPWR) stock?
The short term momentum for MONOLITHIC POWER SYSTEMS INC (MPWR) is positive.
What is the buy/sell signal for MPWR stock?
The buy/sell signal for MONOLITHIC POWER SYSTEMS INC (MPWR) is buy as both the short term and long term trends are positive.