Maxim Integrated (MXIM)

103.14  -1.23 (-1.18%)

After market: 104.74 +1.6 (+1.55%)

Technical Rating and Analysis

6

Overall MXIM gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MXIM is only an average performer.

The long and short term trends are both positive. This is looking good!
MXIM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MXIM is performing more or less in line with the market.
In the last month MXIM has a been trading in the 93.33 - 108.61 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
MXIM has an average volume of 3601640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, MXIM turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
MXIM is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 64% of 108 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
MXIM Weekly chart
MXIM Daily chart
Setup Rating and Analysis

7

Although the technical rating is only medium, MXIM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 101.71, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

93.50

107.70

We found 3 important support areas.

  • A support zone ranging from 100.23 to 101.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 96.12 to 97.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @94.44 from a trend line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @104.03 from a horizontal line in the weekly time frame.
  • Resistance @106.63 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
CRS67.78
Mansfield0.04
10 Day High108.61
10 Day Low97.37
20 Day High108.61
20 Day Low93.33
52 Week High108.61
52 Week Low63.74
Performance
1 Week2.18%
2 Weeks3.2%
1 Month5.84%
3 Month1.11%
6 Month10.7%
12 Month46.88%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
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)0.52
RSI(14)56.68
LBB97.11
UBB105.43
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
104.04100.223.82 (3.67%)25.00%
An entry @104.04. This is a Buy Stop order right above the resistance zone.An exit @100.22. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 3.82 points, which is 3.67%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.92%.

  • The distance between exit and entry is rather small compared to the average daily movement of MXIM. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MXIM Daily chart

Maxim Integrated

NASDAQ:MXIM (8/25/2021, 8:50:07 PM)

After market: 104.74 +1.6 (+1.55%)

103.14

-1.23 (-1.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.18%
1 Week2.18%
2 Weeks3.2%
1 Month5.84%
3 Month1.11%
6 Month10.7%
12 Month46.88%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.85
ATR(20)%2.99%
ATR Inc2.37%
Range Today2.99
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.78
Mansfield0.04
10 Day High108.61
10 Day Low97.37
20 Day High108.61
20 Day Low93.33
52 Week High108.61
52 Week Low63.74
CS1 End101.71
CR1 Start104.03
Volume & EV
DER(3)-1.54%
DER(5)-0.79%
Volume45.80M
Volume Incr562.66%
Vol(5)15.70M
Vol(50)3.60M