NASDAQ:MXIM - Nasdaq -
We assign a technical rating of 6 out of 10 to MXIM. 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.
Although the technical rating is only medium, MXIM does present a nice setup opportunity. 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.
93.50
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 2 important areas.
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%. | For a 0.92% total portfolio risk, you can invest 25.00% of your capital in this trade. |
103.14
-1.23 (-1.18%)