MAGNACHIP SEMICONDUCTOR CORP (MX) Stock Technical Analysis
NYSE:MX - New York Stock Exchange, Inc. - US55933J2033 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to MX. Recently some decent action could be observed, but in the medium term time frame this is still negative. MX was also a bad performer in the overall market in the last year.
82% of all other stocks performed better in the past year than MX.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
MX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
MX is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, MX did better than 49% of them.
MX 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 MX is lagging the market slightly.
MX has an average technical rating and it also 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
3.64
4.97
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 3.89 to 3.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.08 to 4.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.36 from a trend line in the weekly time frame.
- Resistance @4.68 from a trend line in the weekly time frame.
- A resistance zone ranging from 4.92 to 4.92. 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 | NEUTRAL | NEUTRAL | The long term trend for MX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MX is up. |
| ChartMill Relative Strength | 18.92 | NEGATIVE | MX has a low relative strength, it was outperformed by 81.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.43 | NEUTRAL | The RSI value for MX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests MX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.93 | NEUTRAL | The Stochastics value for MX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.41 | HIGH VOLATILITY | The high ATR as a percentage value for MX suggests high volalility. |
| Average Directional Index/ADX (14) | 31.4 | POSITIVE | The high ADX value value for MX 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)
NYSE:MX (5/23/2025, 2:32:34 PM)
3.68
-0.23 (-5.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-5.88%
1 Week-1.26%
2 Weeks19.21%
1 Month20.31%
3 Month-21.01%
6 Month1.3%
12 Month-21.01%
2 Year-61.78%
3 Year-79.95%
5 Year-64.65%
10 Year-45.47%
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%5.41%
ATR Inc-36.7%
Range Today0.2
ADR(20)0.2
ADR(20)%5.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.92
Mansfield-1.14
10 Day High4.57
10 Day Low3.19
20 Day High4.57
20 Day Low2.95
52 Week High5.98
52 Week Low2.51
CS1 End3.9
CR1 Start4.08
Volume & EV
DER(3)0.77%
DER(5)-0.46%
Volume163.73K
Volume Incr25.9%
Vol(5)389.72K
Vol(50)316.02K