Maxim Integrated (MXIM) Technical Analysis
NASDAQ:MXIM
Current stock price
MXIM Technical Rating and Analysis
Taking everything into account, MXIM scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MXIM is only an average performer.
- MXIM is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, of which 73% are performing better than MXIM.
- The long and short term trends are both positive. This is looking good!
- MXIM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MXIM is performing more or less in line with the market.
- In the last month MXIM has a been trading in the 93.33 - 108.61 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- MXIM has an average volume of 3601640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, MXIM outperforms 67% of them, which is more or less in line with the market.
- Volume is considerably higher in the last couple of days.
MXIM Weekly and Daily overview Charts
MXIM Setup Rating and Analysis
MXIM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 101.71, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
MXIM Support and Resistance Analysis
93.50
3 important support areas can be observed.
- A support zone ranging from 100.23 to 101.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 96.12 to 97.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @94.44 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @104.03 from a horizontal line in the weekly time frame.
- Resistance @106.63 from a horizontal line in the daily time frame.
MXIM Technical Indicator Signal Analysis
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 MXIM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MXIM is up. |
| ChartMill Relative Strength | 67.78 | NEUTRAL | MXIM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MXIM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MXIM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MXIM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.68 | NEUTRAL | The RSI value for MXIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests MXIM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.88 | NEUTRAL | The Stochastics value for MXIM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for MXIM suggests some volalility. |
MXIM Chart- and CandleStick Pattern Analysis
MXIM Example Setup
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 |
|---|---|---|---|
| 104.04 | 100.22 | 3.82 (3.67%) | 25.00% |
| An entry @104.04. This is a Buy Stop order right above the resistance zone. | An exit @100.22. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.82 points, which is 3.67%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.92%. |
- The distance between exit and entry is rather small compared to the average daily movement of MXIM. 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.
MXIM Technicals: Chart, Performance Metrics, Trend & Indicators
103.14
-1.23 (-1.18%)
Maxim Integrated / MXIM TA FAQ
Can you provide the ChartMill technical rating for Maxim Integrated?
ChartMill assigns a technical rating of 6 / 10 to MXIM.
What is the current trend direction of Maxim Integrated (MXIM) stock?
The current trend direction for Maxim Integrated (MXIM) is Bullish.
Can you provide the RSI signal for Maxim Integrated?
Maxim Integrated (MXIM) has an RSI value of 56.676. This indicates that the stock is currently neutral.
What is the MACD signal for MXIM stock?
The MACD indicator for Maxim Integrated (MXIM) has a value of 0.516728, indicating a bearish trend.
What is the short term momentum for Maxim Integrated (MXIM) stock?
The short term momentum for Maxim Integrated (MXIM) is positive.