MAXLINEAR INC. - Daily - Technical analysis published on 01/06/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
MAXLINEAR INC. Chart
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
33%
17%
50%
My opinion
Bearish under 22.32 USD
My targets
18.73 USD (-9.43%)
17.03 USD (-17.65%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 22.32 USD remains possible. It is advisable to trade MAXLINEAR INC. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 22.32 USD. The next bearish objective for sellers is set at 18.73 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 17.03 USD. In case of crossing, the next objective would be the support located at 15.43 USD. PS: if there is a bullish break in the resistance located at 22.32 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
2.7
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Bastien Huneau.
Additional analysis
Quotes
The MAXLINEAR INC. price is 20.68 USD. The price registered a decrease of -1.90% on the session and was traded between 20.64 USD and 20.86 USD over the period. The price is currently at +0.19% from its lowest and -0.86% from its highest.20.64
20.86
20.68
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MAXLINEAR INC.:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this MAXLINEAR INC. chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 9 are neutral and 3 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 17.03 | 18.73 | 20.67 | 20.68 | 22.93 | 26.03 | 28.61 |
| Change (%) | -17.65% | -9.43% | -0.05% | - | +10.88% | +25.87% | +38.35% |
| Change | -3.65 | -1.95 | -0.01 | - | +2.25 | +5.35 | +7.93 |
| Level | Minor | Major | Major | - | Major | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.52 | 20.75 | 20.91 | 21.14 | 21.30 | 21.53 | 21.69 |
| Camarilla | 20.97 | 21.01 | 21.04 | 21.08 | 21.12 | 21.15 | 21.19 |
| Woodie | 20.50 | 20.73 | 20.89 | 21.12 | 21.28 | 21.51 | 21.67 |
| Fibonacci | 20.75 | 20.90 | 20.99 | 21.14 | 21.29 | 21.38 | 21.53 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.12 | 20.53 | 20.81 | 21.22 | 21.50 | 21.91 | 22.19 |
| Camarilla | 20.89 | 20.95 | 21.02 | 21.08 | 21.14 | 21.21 | 21.27 |
| Woodie | 20.05 | 20.50 | 20.74 | 21.19 | 21.43 | 21.88 | 22.12 |
| Fibonacci | 20.53 | 20.80 | 20.96 | 21.22 | 21.49 | 21.65 | 21.91 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.58 | 17.68 | 19.45 | 20.55 | 22.32 | 23.42 | 25.19 |
| Camarilla | 20.43 | 20.69 | 20.96 | 21.22 | 21.48 | 21.75 | 22.01 |
| Woodie | 16.92 | 17.85 | 19.79 | 20.72 | 22.66 | 23.59 | 25.53 |
| Fibonacci | 17.68 | 18.78 | 19.45 | 20.55 | 21.65 | 22.32 | 23.42 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 49.18 | |
| MACD (12,26,9): | 0.2500 | |
| Directional Movement: | 3.99 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 21.27 | |
| Parabolic SAR (0,02-0,02-0,2): | 20.56 | |
| Elder Ray (13): | -0.34 | |
| Super Trend (3,10): | 20.13 | |
| Zig ZAG (10): | 20.77 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 50.54 | |
| TEMA (21): | 21.48 | |
| Williams %R (14): | -90.28 | |
| Chande Momentum Oscillator (20): | -0.67 | |
| Repulse (5,40,3): | 0.6300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2100 | |
| Courbe Coppock: | 8.15 |
| MA7: | 21.26 | |
| MA20: | 20.95 | |
| MA50: | 20.30 | |
| MA100: | 20.89 | |
| MAexp7: | 21.13 | |
| MAexp20: | 20.95 | |
| MAexp50: | 20.78 | |
| MAexp100: | 21.08 | |
| Price / MA7: | -2.73% | |
| Price / MA20: | -1.29% | |
| Price / MA50: | +1.87% | |
| Price / MA100: | -1.01% | |
| Price / MAexp7: | -2.13% | |
| Price / MAexp20: | -1.29% | |
| Price / MAexp50: | -0.48% | |
| Price / MAexp100: | -1.90% |
News
The last news published on MAXLINEAR INC. at the time of the generation of this analysis was as follows:
- MaxLinear, Inc. Announces Conference Call to Review Fourth Quarter 2019 Financial Results
- MaxLinear, Inc. to Present at Upcoming Financial Conferences
- MaxLinear, Inc. Announces Conference Call to Review Third Quarter 2019 Financial Results
- MaxLinear’s Telluride PAM4 DSPs and TIA Selected by Centera Photonics for Single Lambda PAM4 Optical Modules
- MaxLinear’s 2nd Generation PAM4 DSPs Enable Delta Electronics Inc. to Deliver Sub-3.5W 100G Optical Modules for Hyperscale Data Centers and Wireless Fronthaul
This member declared not having a position on this financial instrument or a related financial instrument.
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