MAXLINEAR INC (MXL) Stock Technical Analysis
NASDAQ:MXL - US57776J1007 - Common Stock
16.35 USD
+1.2 (+7.92%)
16.28 USD
-0.07 (-0.43%)
We assign a technical rating of 6 out of 10 to MXL. In the last year, MXL was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
MXL is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry. MXL outperforms 79% of them.
MXL has an average volume of 1453340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that MXL is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
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.
In the last month MXL has a been trading in the 13.91 - 17.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MXL has an average technical rating and it also does not offer a high 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
14.13
24.14
3 important support areas can be observed.
- Support @16.26 from a trend line in the daily time frame.
- A support zone ranging from 15.13 to 15.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.27 to 14.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- Resistance @16.36 from a horizontal line in the weekly time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for MXL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MXL is neutral. |
| ChartMill Relative Strength | 88.16 | POSITIVE | MXL has a high relative strength, it outperformed 88.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MXL is above a declining 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) | 58.66 | NEUTRAL | The RSI value for MXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MXL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.2 | NEUTRAL | The Stochastics value for MXL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for MXL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.15 | NEUTRAL | The ADX value for MXL suggests a possible start of a new 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)
16.35
+1.2 (+7.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg7.92%
1 Week6.93%
2 Weeks8.06%
1 Month-0.06%
3 Month41.31%
6 Month-1.51%
12 Month28.13%
2 Year-30.43%
3 Year-54.49%
5 Year-32.85%
10 Year64.32%
15 Year43.42%
Volatility
ATR(14)0.69
ATR(20)%4.69%
ATR Inc93.62%
Range Today1.36
ADR(20)0.74
ADR(20)%4.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.16
Mansfield0.05
10 Day High16.43
10 Day Low13.91
20 Day High17.67
20 Day Low13.91
52 Week High25.73
52 Week Low8.35
CS1 End16.26
CR1 Start16.36
Volume & EV
DER(3)3.44%
DER(5)1.06%
Volume2.27M
Volume Incr-28.28%
Vol(5)1.49M
Vol(50)1.45M