MAXLINEAR INC (MXL) Stock Technical Analysis
NASDAQ:MXL - Nasdaq - US57776J1007 - Common Stock - Currency: USD
Overall MXL gets a technical rating of 7 out of 10. In the last year, MXL was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long and short term trends are both positive. This is looking good!
In the last month MXL has a been trading in the 11.63 - 15.40 range, which is quite wide. It is currently trading near the high of this range.
MXL has an average volume of 1014000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, MXL turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
MXL is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, MXL did better than 45% 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.
Besides having an excellent technical rating, MXL also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.95. Right above this resistance zone may be a good entry point.
More info and screens
12.05
24.14
2 important support areas can be observed.
- A support zone ranging from 12.56 to 12.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @12.17 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.95 to 15.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 54.26 | NEUTRAL | MXL is not amongst the best or worst performers 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) | 68.14 | NEUTRAL | The RSI value for MXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests MXL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.28 | OVERBOUGHT | The high Stochastics value suggests MXL may be overbought. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for MXL suggests some volalility. |
| Average Directional Index/ADX (14) | 27.68 | POSITIVE | The high ADX value value for MXL suggests a strong 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 |
|---|---|---|---|
| 15.15 | 13.85 | 1.30 (8.58%) | 11.65% |
| An entry @15.15. This is a Buy Stop order right above the resistance zone. | An exit @13.85. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.30 points, which is 8.58%. | For a 1.00% total portfolio risk, you can invest 11.65% of your capital in this trade. |
- 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.
14.94
-0.19 (-1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.26%
1 Week1.01%
2 Weeks4.33%
1 Month20.19%
3 Month51.83%
6 Month-27.58%
12 Month-33.89%
2 Year-39.44%
3 Year-63.03%
5 Year-41.07%
10 Year37.32%
15 Year19.42%
Volatility
ATR(14)0.53
ATR(20)%3.63%
ATR Inc-2.52%
Range Today0.38
ADR(20)0.51
ADR(20)%3.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.26
Mansfield-0.56
10 Day High15.4
10 Day Low13.86
20 Day High15.4
20 Day Low11.63
52 Week High26.59
52 Week Low8.35
CS1 End12.71
CR1 Start14.95
Volume & EV
DER(3)0.65%
DER(5)0.93%
Volume462.50K
Volume Incr-18.58%
Vol(5)767.16K
Vol(50)1.01M