MAXLINEAR INC (MXL) Stock Technical Analysis
USA - NASDAQ:MXL - US57776J1007 - Common Stock
16.45 USD
+0.25 (+1.54%)
16.45 USD
0 (0%)
We assign a technical rating of 7 out of 10 to MXL. Both in the recent history as in the last year, MXL has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MXL is one of the better performing stocks in the market, outperforming 77% of all stocks.
In the last month MXL has a been trading in the 15.41 - 17.19 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MXL has an average volume of 1350890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MXL is part of the Semiconductors & Semiconductor Equipment industry. There are 112 other stocks in this industry, MXL did better than 57% of them.
MXL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MXL is lagging the market.
MXL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 16.28, a Stop Loss order could be placed below this zone.
More info and screens
14.13
24.14
3 important support areas can be observed.
- A support zone ranging from 15.94 to 16.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @15.13 from a horizontal line in the weekly time frame.
- A support zone ranging from 14.27 to 14.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 16.46 to 16.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 17.19 to 17.31. This zone is formed by a combination of multiple trend lines in the daily 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 | 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 | 77.62 | POSITIVE | MXL has a high relative strength, it outperformed 77.62% 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) | DOWN | MIXED | The current price of MXL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.03 | NEUTRAL | The RSI value for MXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MXL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.06 | NEUTRAL | The Stochastics value for MXL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for MXL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.82 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.70 | 15.93 | 0.77 (4.61%) | 21.69% |
| An entry @16.70. This is a Buy Stop order right above the resistance zone. | An exit @15.93. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.77 points, which is 4.61%. | For a 1.00% total portfolio risk, you can invest 21.69% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MXL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
16.45
+0.25 (+1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.54%
1 Week2.24%
2 Weeks1.61%
1 Month5.25%
3 Month11.22%
6 Month76.69%
12 Month22.58%
2 Year8.22%
3 Year-46.73%
5 Year-37.78%
10 Year26.54%
15 Year57.57%
Volatility
ATR(14)0.69
ATR(20)%4.24%
ATR Inc3.35%
Range Today0.41
ADR(20)0.67
ADR(20)%4.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.62
Mansfield-0.21
10 Day High17.19
10 Day Low15.41
20 Day High17.19
20 Day Low15.41
52 Week High25.73
52 Week Low8.35
CS1 End16.28
CR1 Start16.46
Volume & EV
DER(3)1.5%
DER(5)0.96%
Volume875.50K
Volume Incr10.74%
Vol(5)1.13M
Vol(50)1.35M