MAXLINEAR INC (MXL) Technical Analysis
NASDAQ:MXL • US57776J1007
Current stock price
MXL Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to MXL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MXL is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, MXL did better than 91% of all other stocks. We also observe that the gains produced by MXL over the past year are nicely spread over this period.
- MXL is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month MXL has a been trading in the 15.86 - 21.04 range, which is quite wide. It is currently trading near the high of this range.
- MXL has an average volume of 1149790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- MXL is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 51% of 115 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MXL Weekly and Daily overview Charts
MXL Setup Rating and Analysis
Although MXL has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
MXL Support and Resistance Analysis
14.26
We found 4 important support areas.
- A support zone ranging from 17.68 to 17.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.31 from a horizontal line in the daily time frame.
- A support zone ranging from 16.20 to 16.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.40 from a horizontal line in the daily time frame.
MXL Technical Indicator Signal Analysis
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 MXL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MXL is up. |
| ChartMill Relative Strength | 91.31 | POSITIVE | MXL has a high relative strength, it outperformed 91.31% 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) | UP | POSITIVE | The current price of MXL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MXL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.48 | NEUTRAL | The RSI value for MXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests MXL has a positive trend. |
| Stochastics (14,3) | 92.36 | OVERBOUGHT | The high Stochastics value suggests MXL may be overbought. |
| Average True Range in percent/ATR (20) | 4.49 | MEDIUM VOLATILITY | The ATR as a percentage value for MXL suggests some volalility. |
| Average Directional Index/ADX (14) | 15.46 | NEGATIVE | The low ADX value for MXL suggests a weak or negative trend. |
MXL Chart- and CandleStick Pattern Analysis
MXL Technicals: Chart, Performance Metrics, Trend & Indicators
20.69
+0.85 (+4.28%)
MAXLINEAR INC / MXL TA FAQ
What is the ChartMill technical rating of MAXLINEAR INC (MXL) stock?
ChartMill assigns a technical rating of 10 / 10 to MXL.
What is the trend direction for MXL stock?
The current trend direction for MAXLINEAR INC (MXL) is Bullish.
What is the RSI signal for MAXLINEAR INC (MXL) stock?
MAXLINEAR INC (MXL) has an RSI value of 69.4751. 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 0.398493, indicating a bearish trend.
What is the buy/sell signal for MAXLINEAR INC (MXL) stock?
The buy/sell signal for MAXLINEAR INC (MXL) is buy as both the short term and long term trends are positive.