MACOM TECHNOLOGY SOLUTIONS H (MTSI) Stock Technical Analysis
NASDAQ:MTSI - Nasdaq - US55405Y1001 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to MTSI. MTSI has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long and short term trends are both positive. This is looking good!
MTSI is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry. MTSI outperforms 85% of them.
In the last month MTSI has a been trading in the 108.21 - 126.18 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that MTSI is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
MTSI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MTSI is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
MTSI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 121.60, a Stop Loss order could be placed below this zone.
More info and screens
90.62
125.76
We found 3 important support areas.
- A support zone ranging from 120.27 to 121.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 113.26 to 114.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @91.54 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 122.56 to 124.51. This zone is formed by a combination of multiple trend lines and important moving averages 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 MTSI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTSI is up. |
| ChartMill Relative Strength | 83.05 | POSITIVE | MTSI has a high relative strength, it outperformed 83.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTSI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTSI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTSI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.5 | NEUTRAL | The RSI value for MTSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests MTSI has a negative trend. |
| Stochastics (14,3) | 58.97 | NEUTRAL | The Stochastics value for MTSI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for MTSI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.77 | POSITIVE | The high ADX value value for MTSI 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 |
|---|---|---|---|
| 124.52 | 120.26 | 4.26 (3.42%) | 25.00% |
| An entry @124.52. This is a Buy Stop order right above the resistance zone. | An exit @120.26. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.26 points, which is 3.42%. | For a 0.86% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MTSI. Please evaluate whether better entry and exit points can be found.
- 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.
121.61
-1.89 (-1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.53%
1 Week0.06%
2 Weeks-0.75%
1 Month14.49%
3 Month5.14%
6 Month-8.44%
12 Month20.24%
2 Year103.26%
3 Year123.1%
5 Year283.02%
10 Year218.68%
15 YearN/A
Volatility
ATR(14)3.39
ATR(20)%3.24%
ATR Inc-5.78%
Range Today2.44
ADR(20)3.35
ADR(20)%2.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.05
Mansfield0.2
10 Day High126.18
10 Day Low118.44
20 Day High126.18
20 Day Low108.21
52 Week High152.5
52 Week Low84
CS1 End121.6
CR1 Start122.56
Volume & EV
DER(3)-1.58%
DER(5)-1.26%
Volume525.30K
Volume Incr-43.98%
Vol(5)506.94K
Vol(50)842.25K