Maxim Integrated (MXIM) Stock Technical Analysis
NASDAQ:MXIM - Nasdaq -
Taking everything into account, MXIM scores 6 out of 10 in our technical rating. Although MXIM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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 however is currently trading near a new high, so MXIM is lagging the market slightly.
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 comparing the performance of all stocks over the past year, MXIM turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
MXIM is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 64% of 110 stocks in the same industry.
Volume is considerably higher in the last couple of days.
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. Another positive sign is the recent Pocket Pivot signal.
- 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
93.50
107.70
When analyzing the support we can see 3 important areas.
- 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.
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. |
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 |
|---|---|---|---|
| 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 worst case loss on the trade is limited to 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. |
- 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.
103.14
-1.23 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.18%
1 Week2.18%
2 Weeks3.2%
1 Month5.84%
3 Month1.11%
6 Month10.7%
12 Month46.88%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.85
ATR(20)%2.99%
ATR Inc2.37%
Range Today2.99
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.78
Mansfield0.04
10 Day High108.61
10 Day Low97.37
20 Day High108.61
20 Day Low93.33
52 Week High108.61
52 Week Low63.74
CS1 End101.71
CR1 Start104.03
Volume & EV
DER(3)-1.54%
DER(5)-0.79%
Volume45.80M
Volume Incr562.66%
Vol(5)15.70M
Vol(50)3.60M