MONOLITHIC POWER SYSTEMS INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	MPWR
ISIN:

MONOLITHIC POWER SYSTEMS INC. - 1H - Technical analysis published on 11/28/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

17%

50%

33%

My opinion

Bullish above 527.71 USD

My targets

558.22 USD (+2.15%)

587.39 USD (+7.49%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on MONOLITHIC POWER SYSTEMS INC.. As long as you are above the support located at 527.71 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 558.22 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 587.39 USD as an objective. If the support 527.71 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.

Force

0.7

Comment on the analysis

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The MONOLITHIC POWER SYSTEMS INC. price is 546.48 USD. The price is lower by -0.01% since the last closing and was between 541.04 USD and 546.75 USD. This implies that the price is at +1.01% from its lowest and at -0.05% from its highest.

541.04

546.75

546.48

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of MONOLITHIC POWER SYSTEMS INC. in 1H shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : 1 hour

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

White morning star

Type : Bullish

Timeframe : 1 hour

Downside Tasuki gap

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	480.43	502.42	527.71	546.48	558.22	587.39
Change (%)	-12.09%	-8.06%	-3.43%	-	+2.15%	+7.49%
Change	-66.05	-44.06	-18.77	-	+11.74	+40.91
Level	Intermediate	Intermediate	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	525.18	532.44	539.48	546.74	553.78	561.04	568.08
Camarilla	542.59	543.90	545.21	546.52	547.83	549.14	550.45
Woodie	525.07	532.39	539.37	546.69	553.67	560.99	567.97
Fibonacci	532.44	537.90	541.28	546.74	552.20	555.58	561.04

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	519.72	527.55	538.50	546.33	557.28	565.11	576.06
Camarilla	544.28	546.00	547.72	549.44	551.16	552.88	554.61
Woodie	521.27	528.33	540.05	547.11	558.83	565.89	577.61
Fibonacci	527.55	534.73	539.16	546.33	553.51	557.94	565.11

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	263.86	327.98	384.86	448.98	505.86	569.98	626.86
Camarilla	408.47	419.56	430.65	441.74	452.83	463.92	475.02
Woodie	260.24	326.17	381.24	447.17	502.24	568.17	623.24
Fibonacci	327.98	374.20	402.76	448.98	495.20	523.76	569.98

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	49.82
MACD (12,26,9):	0.9800
Directional Movement:	-10.99
AROON (14):	28.57
DEMA (21):	548.68
Parabolic SAR (0,02-0,02-0,2):	553.91
Elder Ray (13):	-2.82
Super Trend (3,10):	539.37
Zig ZAG (10):	545.88
VORTEX (21):	0.9800
Stochastique (14,3,5):	33.71
TEMA (21):	546.94
Williams %R (14):	-55.94
Chande Momentum Oscillator (20):	-3.02
Repulse (5,40,3):	-0.1800
ROCnROLL:	-1
TRIX (15,9):	0.0500
Courbe Coppock:	0.29

MA7:	545.33
MA20:	513.65
MA50:	475.33
MA100:	497.86
MAexp7:	546.76
MAexp20:	546.91
MAexp50:	540.95
MAexp100:	525.32
Price / MA7:	+0.21%
Price / MA20:	+6.39%
Price / MA50:	+14.97%
Price / MA100:	+9.77%
Price / MAexp7:	-0.05%
Price / MAexp20:	-0.08%
Price / MAexp50:	+1.02%
Price / MAexp100:	+4.03%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on MONOLITHIC POWER SYSTEMS INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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