PIXELWORKS INC (PXLW) Technical Analysis
NASDAQ:PXLW • US72581M4042
Current stock price
PXLW Technical Rating and Analysis
Taking everything into account, PXLW scores 0 out of 10 in our technical rating. PXLW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, PXLW is a bad performer in the overall market: 86% of all stocks are doing better.
- PXLW is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 87% of 115 stocks in the same industry do better.
- PXLW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month PXLW has a been trading in the 4.84 - 6.11 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.
PXLW Weekly and Daily overview Charts
PXLW Setup Rating and Analysis
Although the technical rating is bad, PXLW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for PXLW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
PXLW Support and Resistance Analysis
5.31
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.44 to 5.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.72 to 5.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.08 from a horizontal line in the daily time frame.
PXLW 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 | DOWN | NEGATIVE | The long term trend for PXLW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PXLW is down. |
| ChartMill Relative Strength | 14.42 | NEGATIVE | PXLW has a low relative strength, it was outperformed by 85.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PXLW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PXLW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PXLW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.82 | NEUTRAL | The RSI value for PXLW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PXLW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.76 | NEUTRAL | The Stochastics value for PXLW is a neutral value. |
| Average True Range in percent/ATR (20) | 6.45 | HIGH VOLATILITY | The high ATR as a percentage value for PXLW suggests high volalility. |
| Average Directional Index/ADX (14) | 18.7 | NEGATIVE | The low ADX value for PXLW suggests a weak or negative trend. |
PXLW Chart- and CandleStick Pattern Analysis
PXLW Technicals: Chart, Performance Metrics, Trend & Indicators
5.36
-0.11 (-2.01%)
PIXELWORKS INC / PXLW TA FAQ
Can you provide the ChartMill technical rating for PIXELWORKS INC?
ChartMill assigns a technical rating of 0 / 10 to PXLW.
What is the current trend direction of PIXELWORKS INC (PXLW) stock?
The current trend direction for PIXELWORKS INC (PXLW) is Bearish.
What is the RSI signal for PXLW stock?
PIXELWORKS INC (PXLW) has an RSI value of 43.8215. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for PIXELWORKS INC?
The buy/sell signal for PIXELWORKS INC (PXLW) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for PIXELWORKS INC (PXLW) stock?
PIXELWORKS INC (PXLW) has a resistance level at 5.44. Check the full technical report for our detailed analysis of PXLW support and resistance levels.