We assign a technical rating of 8 out of 10 to MPWR. 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.
Although MPWR has an excellent technical rating, it does not present a decent entry opportunity 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
5 important support areas can be observed.
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 | 90.95 | POSITIVE | MPWR has a high relative strength, it outperformed 90.95% 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) | DOWN | MIXED | The current price of MPWR is above a declining 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) | 62.72 | NEUTRAL | The RSI value for MPWR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.36 | POSITIVE | The MACD value suggests MPWR has a positive trend. |
| Stochastics (14,3) | 67.48 | NEUTRAL | The Stochastics value for MPWR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for MPWR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.78 | NEGATIVE | The low ADX value for MPWR suggests a weak or negative trend. |
1005.38
+50.35 (+5.27%)
ChartMill assigns a technical rating of 8 / 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 62.7154. This indicates that the stock is currently neutral.
The short term momentum for MONOLITHIC POWER SYSTEMS INC (MPWR) is neutral.