MAXLINEAR INC (MXL) Technical Analysis
NASDAQ:MXL • US57776J1007
Current stock price
MXL Technical Rating and Analysis
Overall MXL gets a technical rating of 1 out of 10. 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.
- MXL has an average volume of 1156190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- Looking at the yearly performance, MXL did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- MXL is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 41% of 115 stocks in the same industry.
- MXL is currently trading in the middle 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 slightly.
- In the last month MXL has a been trading in the 14.70 - 20.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MXL Weekly and Daily overview Charts
MXL Setup Rating and Analysis
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
MXL Support and Resistance Analysis
13.85
We found 3 important support areas.
- A support zone ranging from 15.68 to 15.91. 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.
- Support @13.99 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 16.90 to 16.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.21 from a trend line in the weekly time frame.
- Resistance @19.61 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 | 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 | 78.96 | POSITIVE | MXL has a high relative strength, it outperformed 78.96% off all stocks 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) | UP | POSITIVE | The current price of MXL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.51 | NEUTRAL | The RSI value for MXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests MXL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.7 | NEUTRAL | The Stochastics value for MXL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.75 | HIGH VOLATILITY | The high ATR as a percentage value for MXL suggests high volalility. |
| Average Directional Index/ADX (14) | 16.64 | 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
16.89
+0.39 (+2.36%)
MAXLINEAR INC / MXL TA FAQ
What is the ChartMill technical rating of MAXLINEAR INC (MXL) stock?
ChartMill assigns a technical rating of 1 / 10 to MXL.
What is the current trend direction of MAXLINEAR INC (MXL) stock?
The current trend direction for MAXLINEAR INC (MXL) is Bearish.
Can you provide the RSI signal for MAXLINEAR INC?
MAXLINEAR INC (MXL) has an RSI value of 45.5075. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MAXLINEAR INC?
The short term momentum for MAXLINEAR INC (MXL) is negative.
What is the support and resistance level for MXL stock?
MAXLINEAR INC (MXL) has a support level at 15.91 and a resistance level at 16.9. Check the full technical report for our detailed analysis of MXL support and resistance levels.