MONOLITHIC POWER SYSTEMS INC.
MONOLITHIC POWER SYSTEMS INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Stocks
Ticker: MPWR
ISIN:

MONOLITHIC POWER SYSTEMS INC. - Daily - Technical analysis published on 11/14/2019 (GMT)

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  • Timeframe : Daily
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  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 157.53 USD
My targets
161.55 USD (+0.80%)
My analysis
MONOLITHIC POWER SYSTEMS INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 157.53 USD. The next resistance located at 161.55 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7.5

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

MONOLITHIC POWER SYSTEMS INC. rating 160.27 USD. The price registered a decrease of -1.40% on the session and was traded between 159.65 USD and 162.68 USD over the period. The price is currently at +0.39% from its lowest and -1.48% from its highest.

159.65
162.68
160.27

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by MONOLITHIC POWER SYSTEMS INC.:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


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 MONOLITHIC POWER SYSTEMS INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : Daily



An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : Daily



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 134.94 153.58 157.53 160.27 161.55
Change (%) -15.80% -4.17% -1.71% - +0.80%
Change -25.33 -6.69 -2.74 - +1.28
Level Intermediate Intermediate Major - Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard156.60159.26160.91163.57165.22167.88169.53
Camarilla161.37161.76162.16162.55162.95163.34163.74
Woodie156.09159.01160.40163.32164.71167.63169.02
Fibonacci159.26160.91161.93163.57165.22166.24167.88


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard150.82153.68159.36162.22167.90170.76176.44
Camarilla162.69163.47164.26165.04165.82166.61167.39
Woodie152.23154.39160.77162.93169.31171.47177.85
Fibonacci153.68156.94158.96162.22165.48167.50170.76


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard106.16118.65134.28146.77162.40174.89190.52
Camarilla142.19144.77147.34149.92152.50155.08157.65
Woodie107.74119.44135.86147.56163.98175.68192.10
Fibonacci118.65129.39136.03146.77157.51164.15174.89

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): 58.11
MACD (12,26,9): 3.7900
Directional Movement: 13.50
AROON (14): 92.86
DEMA (21): 160.92
Parabolic SAR (0,02-0,02-0,2): 166.24
Elder Ray (13): 2.38
Super Trend (3,10): 151.89
Zig ZAG (10): 160.27
VORTEX (21): 1.1500
Stochastique (14,3,5): 79.50
TEMA (21): 164.07
Williams %R (14): -35.20
Chande Momentum Oscillator (20): 6.37
Repulse (5,40,3): -1.0300
ROCnROLL: 1
TRIX (15,9): 0.2600
Courbe Coppock: 19.29
MA7: 162.55
MA20: 154.50
MA50: 153.23
MA100: 149.19
MAexp7: 161.22
MAexp20: 156.60
MAexp50: 152.77
MAexp100: 148.97
Price / MA7: -1.40%
Price / MA20: +3.73%
Price / MA50: +4.59%
Price / MA100: +7.43%
Price / MAexp7: -0.59%
Price / MAexp20: +2.34%
Price / MAexp50: +4.91%
Price / MAexp100: +7.59%

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

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