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. Although MPWR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, MPWR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 753.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 713.56, a Stop Loss order could be placed below this zone.
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486.76
2 important support areas can be observed.
- A support zone ranging from 706.27 to 713.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @491.68 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 753.35 to 764.41. 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 | NEUTRAL | NEUTRAL | The short term trend for MPWR is neutral. |
| ChartMill Relative Strength | 68.13 | NEUTRAL | MPWR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MPWR is below 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) | DOWN | MIXED | The current price of MPWR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.01 | NEUTRAL | The RSI value for MPWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.55 | NEGATIVE | The MACD value suggests MPWR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.42 | NEUTRAL | The Stochastics value for MPWR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for MPWR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.21 | NEGATIVE | The low ADX value for MPWR suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 764.42 | 706.26 | 58.16 (7.61%) | 13.14% |
| An entry @764.42. This is a Buy Stop order right above the resistance zone. | An exit @706.26. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 58.16 points, which is 7.61%. | For a 1.00% total portfolio risk, you can invest 13.14% 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.
725.24
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