MAXLINEAR INC (MXL) Stock Technical Analysis
USA - NASDAQ:MXL - US57776J1007 - Common Stock
Taking everything into account, MXL scores 1 out of 10 in our technical rating. MXL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, MXL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 14.94, a Stop Loss order could be placed below this zone.
More info and screens
14.18
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.89 to 14.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.32 to 14.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 16.23 to 16.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @16.97 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for MXL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MXL is down. |
| ChartMill Relative Strength | 55.24 | NEUTRAL | MXL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MXL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MXL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MXL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.59 | NEUTRAL | The RSI value for MXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests MXL has a negative trend. |
| Stochastics (14,3) | 11.83 | OVERSOLD | The low Stochastics value suggests MXL may be oversold. |
| Average True Range in percent/ATR (20) | 7.36 | HIGH VOLATILITY | The high ATR as a percentage value for MXL suggests high volalility. |
| Average Directional Index/ADX (14) | 17.49 | NEGATIVE | The low ADX value for MXL suggests a weak or negative trend. |
15.15
-0.1 (-0.66%)
MAXLINEAR INC / MXL FAQ
What is the ChartMill technical rating of MAXLINEAR INC (MXL) stock?
ChartMill assigns a technical rating of 1 / 10 to MXL.
Can you provide the trend direction for MAXLINEAR INC?
The current trend direction for MAXLINEAR INC (MXL) is Bearish.
What is the RSI signal for MXL stock?
MAXLINEAR INC (MXL) has an RSI value of 42.5927. This indicates that the stock is currently neutral.
What is the MACD signal for MXL stock?
The MACD indicator for MAXLINEAR INC (MXL) has a value of -0.224342, indicating a bearish trend.
Can you provide the support and resistance levels for MAXLINEAR INC?
MAXLINEAR INC (MXL) has a support level at 14.94 and a resistance level at 16.23. Check the full technical report for our detailed analysis of MXL support and resistance levels.