MONOLITHIC POWER SYSTEMS INC (MPWR) Stock Technical Analysis
USA - NASDAQ:MPWR - US6098391054 - Common Stock
1028.67 USD
-2.92 (-0.28%)
1019 USD
-9.67 (-0.94%)
Overall MPWR gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MPWR is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
MPWR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MPWR has a been trading in the 872.28 - 1041.50 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, MPWR did better than 86% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
MPWR is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 62% of 112 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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. There is very little resistance above the current price.
More info and screens
812.53
1,038.96
We found 3 important support areas.
- Support @931.49 from a trend line in the daily time frame.
- A support zone ranging from 888.19 to 904.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @820.74 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 | 86.46 | POSITIVE | MPWR has a high relative strength, it outperformed 86.46% 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) | 63.91 | NEUTRAL | The RSI value for MPWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.49 | POSITIVE | The MACD value suggests MPWR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.35 | OVERBOUGHT | The high Stochastics value suggests MPWR may be overbought. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for MPWR suggests some volalility. |
| Average Directional Index/ADX (14) | 29.96 | 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 |
|---|---|---|---|
| 1,041.51 | 901.38 | 140.13 (13.45%) | 7.43% |
| An entry @1041.51. This is a Buy Stop order right above the 10 day high. | An exit @901.38. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 140.13 points, which is 13.45%. | For a 1.00% total portfolio risk, you can invest 7.43% of your capital in this trade. |
- 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.
1028.67
-2.92 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.28%
1 Week6.24%
2 Weeks8.8%
1 Month12.51%
3 Month43.93%
6 Month76.23%
12 Month14.13%
2 Year132.87%
3 Year203.04%
5 Year221.86%
10 Year1547.98%
15 Year6301.18%
Volatility
ATR(14)42.83
ATR(20)%3.76%
ATR Inc-35.52%
Range Today23.35
ADR(20)32.39
ADR(20)%3.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.46
Mansfield3.28
10 Day High1041.5
10 Day Low901.39
20 Day High1041.5
20 Day Low872.29
52 Week High1041.5
52 Week Low438.86
CS1 End931.49
CR1 StartN/A
Volume & EV
DER(3)-1.95%
DER(5)-1.3%
Volume255.10K
Volume Incr-13.16%
Vol(5)470.10K
Vol(50)511.25K