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MAGNACHIP SEMICONDUCTOR CORP (MX) Stock Technical Analysis

NYSE:MX - New York Stock Exchange, Inc. - US55933J2033 - Common Stock - Currency: USD

4.58  +0.53 (+13.09%)

After market: 4.79 +0.21 (+4.59%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to MX. MX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

75% of all other stocks performed better in the past year than MX.
In the last month MX has a been trading in the 3.83 - 4.99 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
MX is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry, MX did better than 52% of them.
MX is currently trading in the middle 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 slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
MAGNACHIP SEMICONDUCTOR CORP / MX Weekly stock chart
MAGNACHIP SEMICONDUCTOR CORP / MX Daily stock chart
Setup Rating and Analysis

1

MX has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

3.91

5.07

We found 1 important support area.

  • A support zone ranging from 3.95 to 4.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 4.59 to 4.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @4.75 from a trend line in the daily time frame.
  • Resistance @5.02 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.05
Mansfield-1.24
10 Day High4.99
10 Day Low3.93
20 Day High4.99
20 Day Low3.83
52 Week High6.93
52 Week Low3.56
Performance
1 Week13.93%
2 Weeks10.1%
1 Month13.93%
3 Month16.54%
6 Month-7.66%
12 Month-32.35%
2 Year-52.19%
3 Year-74.84%
5 Year-59.93%
10 Year-19.79%
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)0.03
RSI(14)68.95
LBB3.78
UBB4.4
MAGNACHIP SEMICONDUCTOR CORP / MX Daily stock chart

MAGNACHIP SEMICONDUCTOR CORP

NYSE:MX (2/3/2025, 6:38:02 PM)

After market: 4.79 +0.21 (+4.59%)

4.58

+0.53 (+13.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg13.09%
1 Week13.93%
2 Weeks10.1%
1 Month13.93%
3 Month16.54%
6 Month-7.66%
12 Month-32.35%
2 Year-52.19%
3 Year-74.84%
5 Year-59.93%
10 Year-19.79%
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%4.27%
ATR Inc258.52%
Range Today0.46
ADR(20)0.16
ADR(20)%3.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.05
Mansfield-1.24
10 Day High4.99
10 Day Low3.93
20 Day High4.99
20 Day Low3.83
52 Week High6.93
52 Week Low3.56
CS1 End4.13
CR1 Start4.59
Volume & EV
DER(3)1.61%
DER(5)0.51%
Volume1.45M
Volume Incr138.29%
Vol(5)396.43K
Vol(50)225.73K