MONOLITHIC POWER SYSTEMS INC (MPWR) Stock Technical Analysis
NASDAQ:MPWR - Nasdaq - US6098391054 - Common Stock - Currency: USD
Overall MPWR gets a technical rating of 7 out of 10. 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.
The long and short term trends are both positive. This is looking good!
MPWR is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry. MPWR outperforms 70% of them.
In the last month MPWR has a been trading in the 643.36 - 755.00 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, MPWR turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
MPWR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MPWR is lagging the market.
Considerably lower volume is observed in the last couple of days.
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
482.05
745.12
3 important support areas can be observed.
- Support @707.84 from a trend line in the daily time frame.
- A support zone ranging from 661.89 to 661.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @486.92 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @720.84 from a horizontal line in the weekly time frame.
- Resistance @737.74 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 | 52.83 | NEUTRAL | MPWR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MPWR is above a declining 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) | DOWN | MIXED | The current price of MPWR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.15 | NEUTRAL | The RSI value for MPWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests MPWR has a positive trend. |
| Stochastics (14,3) | 84.29 | OVERBOUGHT | The high Stochastics value suggests MPWR may be overbought. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for MPWR suggests some volalility. |
| Average Directional Index/ADX (14) | 20.11 | NEUTRAL | The ADX value for MPWR suggests a possible start of a new 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)
720.83
-11.01 (-1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.5%
1 Week3.75%
2 Weeks6.4%
1 Month-2.29%
3 Month18.94%
6 Month18.47%
12 Month-10.63%
2 Year33.43%
3 Year87.7%
5 Year204.15%
10 Year1321.48%
15 Year3936%
Volatility
ATR(14)25.88
ATR(20)%3.53%
ATR Inc33.28%
Range Today31.69
ADR(20)23.45
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.83
Mansfield-0.45
10 Day High740.9
10 Day Low643.36
20 Day High755
20 Day Low643.36
52 Week High959.64
52 Week Low438.86
CS1 End707.84
CR1 Start720.84
Volume & EV
DER(3)0.34%
DER(5)-0.88%
Volume565.07K
Volume Incr-9.65%
Vol(5)575.55K
Vol(50)892.64K