MAGNACHIP SEMICONDUCTOR CORP (MX) Stock Technical Analysis
NYSE:MX - New York Stock Exchange, Inc. - US55933J2033 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to MX. MX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
73% of all other stocks performed better in the past year than MX.
MX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MX is lagging the market.
In the last month MX has a been trading in the 4.13 - 5.16 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
MX is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry, MX did better than 62% of them.
The technical rating of MX is bad and it also does not present a 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
4.05
5.07
When analyzing the support we can see 2 important areas.
- Support @4.22 from a trend line in the daily time frame.
- Support @4.09 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.98 to 5.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.71
Mansfield-1.29
10 Day High5.16
10 Day Low4.13
20 Day High5.16
20 Day Low4.13
52 Week High6
52 Week Low3.56
Performance
1 Week-11.96%
2 Weeks-10.11%
1 Month-7.38%
3 Month3.89%
6 Month-4.26%
12 Month-24.02%
2 Year-53.99%
3 Year-74.75%
5 Year-61.36%
10 Year-21.94%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)42.21
LBB4.18
UBB5.14
4.27
-0.06 (-1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.39%
1 Week-11.96%
2 Weeks-10.11%
1 Month-7.38%
3 Month3.89%
6 Month-4.26%
12 Month-24.02%
2 Year-53.99%
3 Year-74.75%
5 Year-61.36%
10 Year-21.94%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%5.18%
ATR Inc-14.23%
Range Today0.18
ADR(20)0.22
ADR(20)%5.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.71
Mansfield-1.29
10 Day High5.16
10 Day Low4.13
20 Day High5.16
20 Day Low4.13
52 Week High6
52 Week Low3.56
CS1 End4.22
CR1 Start4.98
Volume & EV
DER(3)-1.6%
DER(5)-0.21%
Volume217.60K
Volume Incr-12.71%
Vol(5)229.48K
Vol(50)223.64K