SILICON LABORATORIES INC (SLAB) Technical Analysis
NASDAQ:SLAB • US8269191024
Current stock price
SLAB Technical Rating and Analysis
Overall SLAB gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SLAB is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that SLAB is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, SLAB also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by SLAB, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- SLAB is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, SLAB did better than 50% of them.
- In the last month SLAB has a been trading in a tight range between 208.12 and 218.46.
SLAB Weekly and Daily overview Charts
SLAB Setup Rating and Analysis
Although SLAB has an excellent technical rating, it does not present a decent entry opportunity 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
SLAB Support and Resistance Analysis
130.55
6 important support areas can be observed.
- A support zone ranging from 213.19 to 215.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 200.90 to 202.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @162.19 from a trend line in the daily time frame.
- Support @143.27 from a trend line in the weekly time frame.
- Support @134.65 from a horizontal line in the daily time frame.
- Support @131.87 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 218.25 to 218.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
SLAB 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 SLAB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLAB is up. |
| ChartMill Relative Strength | 94.13 | POSITIVE | SLAB has a high relative strength, it outperformed 94.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLAB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLAB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLAB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 84.01 | OVERBOUGHT | The high RSI value suggests SLAB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests SLAB has a positive trend. |
| Stochastics (14,3) | 97.26 | OVERBOUGHT | The high Stochastics value suggests SLAB may be overbought. |
| Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for SLAB suggests low volalility. |
| Average Directional Index/ADX (14) | 55.8 | POSITIVE | The high ADX value value for SLAB suggests a strong trend. |
SLAB Chart- and CandleStick Pattern Analysis
SLAB Technicals: Chart, Performance Metrics, Trend & Indicators
218.24
+0.54 (+0.25%)
SILICON LABORATORIES INC / SLAB TA FAQ
What is the ChartMill technical rating of SILICON LABORATORIES INC (SLAB) stock?
ChartMill assigns a technical rating of 10 / 10 to SLAB.
What is the trend direction for SLAB stock?
The current trend direction for SILICON LABORATORIES INC (SLAB) is Bullish.
Can you provide the RSI signal for SILICON LABORATORIES INC?
SILICON LABORATORIES INC (SLAB) has an RSI value of 84.0079. This indicates that the stock is currently overbought.
Can you provide the MACD signal for SILICON LABORATORIES INC?
The MACD indicator for SILICON LABORATORIES INC (SLAB) has a value of 0.0512689, indicating a bearish trend.
What is the buy/sell signal for SLAB stock?
The buy/sell signal for SILICON LABORATORIES INC (SLAB) is buy as both the short term and long term trends are positive.