PXLW Technical Analysis - PIXELWORKS INC

Technical Rating and Analysis

We assign a technical rating of 9 out of 10 to PXLW. Both in the recent history as in the last year, PXLW has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.

PXLW is part of the Semiconductors & Semiconductor Equipment industry. There are 112 other stocks in this industry. PXLW outperforms 87% of them.

PXLW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PXLW is lagging the market slightly.

In the last month PXLW has a been trading in the 8.40 - 14.88 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

When comparing the yearly performance of all stocks, we notice that PXLW is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall good ranking is mostly due to the recent strong move.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

PIXELWORKS INC / PXLW Weekly stock chart

Setup Rating and Analysis

Although PXLW has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

8.24

14.38

We found 3 important support areas.

Support @9.53 from a trend line in the daily time frame.
Support @8.72 from a trend line in the daily time frame.
Support @8.32 from a horizontal line in the weekly time frame.

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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	UP	POSITIVE	The long term trend for PXLW is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for PXLW is up.
ChartMill Relative Strength	95.23	POSITIVE	PXLW has a high relative strength, it outperformed 95.23% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of PXLW is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of PXLW is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of PXLW is above the rising SMA(200).
Relative Strength Index/RSI (14)	68.62	NEUTRAL	The RSI value for PXLW is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.26	POSITIVE	The MACD value suggests PXLW has a positive trend.
Stochastics (14,3)	71.76	NEUTRAL	The Stochastics value for PXLW is a neutral value.
Average True Range in percent/ATR (20)	9.3	HIGH VOLATILITY	The high ATR as a percentage value for PXLW suggests high volalility.
Average Directional Index/ADX (14)	25.87	POSITIVE	The high ADX value value for PXLW suggests a strong trend.