MAXLINEAR INC (MXL) Stock Technical Analysis
NASDAQ:MXL - Nasdaq - US57776J1007 - Common Stock - Currency: USD
Overall MXL gets a technical rating of 1 out of 10. MXL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, MXL is a bad performer in the overall market: 89% of all stocks are doing better.
MXL is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 75% of 110 stocks in the same industry do better.
MXL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MXL is lagging the market.
MXL has an average volume of 1380200 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 9.53 - 13.05 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.
The technical rating of MXL is bad and it also does not present a 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
11.15
24.14
We found 1 important support area.
- A support zone ranging from 11.26 to 11.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 12.19 to 12.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.44 from a horizontal line in the weekly time frame.
- Resistance @12.84 from a horizontal line in the daily time frame.
- Resistance @21.76 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 | 11.84 | NEGATIVE | MXL has a low relative strength, it was outperformed by 88.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MXL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MXL is above a declining 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) | 50.7 | NEUTRAL | The RSI value for MXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MXL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.94 | NEUTRAL | The Stochastics value for MXL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.97 | MEDIUM VOLATILITY | The ATR as a percentage value for MXL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.59 | 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)
11.57
-0.1 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.86%
1 Week-6.92%
2 Weeks1.85%
1 Month14.1%
3 Month-30.3%
6 Month-25.55%
12 Month-37.22%
2 Year-60.39%
3 Year-70.78%
5 Year-33.2%
10 Year15.47%
15 Year-27.6%
Volatility
ATR(14)0.6
ATR(20)%4.97%
ATR Inc-11.82%
Range Today0.43
ADR(20)0.5
ADR(20)%4.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.84
Mansfield-2.69
10 Day High13.05
10 Day Low11.17
20 Day High13.05
20 Day Low9.53
52 Week High26.59
52 Week Low8.35
CS1 End11.56
CR1 Start12.19
Volume & EV
DER(3)-0.61%
DER(5)-0.53%
Volume771.40K
Volume Incr-45.8%
Vol(5)808.04K
Vol(50)1.38M