MAXLINEAR INC (MXL) Stock Technical Analysis
NASDAQ:MXL - Nasdaq - US57776J1007 - Common Stock - Currency: USD
Taking everything into account, MXL scores 2 out of 10 in our technical rating. MXL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
88% of all other stocks performed better in the past year than MXL.
MXL is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 79% of 110 stocks in the same industry do better.
MXL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
MXL has an average volume of 1309050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MXL has a been trading in the 10.96 - 12.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
MXL has a bad 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 11.38, a Stop Loss order could be placed below this zone.
More info and screens
11.27
24.14
When analyzing the support we notice one important area.
- A support zone ranging from 11.38 to 11.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 12.23 to 12.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.83 to 12.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @21.25 from a trend line in the weekly time frame.
- Resistance @23.90 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for MXL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MXL is neutral. |
| ChartMill Relative Strength | 12.68 | NEGATIVE | MXL has a low relative strength, it was outperformed by 87.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MXL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MXL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MXL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.75 | NEUTRAL | The RSI value for MXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MXL has a negative trend. |
| Stochastics (14,3) | 56.03 | NEUTRAL | The Stochastics value for MXL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.3 | MEDIUM VOLATILITY | The ATR as a percentage value for MXL suggests some volalility. |
| Average Directional Index/ADX (14) | 11.51 | NEGATIVE | The low ADX value for MXL suggests a weak or negative 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)
12.11
+0.44 (+3.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg3.77%
1 Week-3.74%
2 Weeks3.24%
1 Month-2.57%
3 Month-4.65%
6 Month-36.5%
12 Month-39.93%
2 Year-61.63%
3 Year-64.36%
5 Year-43.57%
10 Year0.08%
15 Year-13.38%
Volatility
ATR(14)0.53
ATR(20)%4.3%
ATR Inc32.43%
Range Today0.54
ADR(20)0.47
ADR(20)%3.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.68
Mansfield-2.34
10 Day High12.89
10 Day Low11.63
20 Day High12.89
20 Day Low10.96
52 Week High26.59
52 Week Low8.35
CS1 End11.38
CR1 Start12.23
Volume & EV
DER(3)-0.82%
DER(5)-0.43%
Volume622.00K
Volume Incr-32.44%
Vol(5)720.44K
Vol(50)1.31M