Magnachip Semiconductor (MX) Technical Analysis: Signals, Charts & Indicators

2.21 / 10

Underperform

Technical assessment rates Underperform at 2.21/10. Key signals include a Long Upper Shadow and MACD Death Cross, both bearish, while a lone MACD Golden Cross offers limited neutral upside. Overall bias is cautious with dominant downside risk.

Analysis Checks(0/3)

Long Upper Shadow

Score1/10

Win Rate35.00%

Hist. Signals20

Avg Return-0.23%

MACD Death Cross

Score1/10

Win Rate20.00%

Hist. Signals10

Avg Return-5.41%

MACD Golden Cross

Score4.64/10

Win Rate50.00%

Hist. Signals10

Avg Return1.94%

Technical Analysis of MX?

MX presents a Underperform setup with a Technical Score of 2.21/10. Key technical indicators highlight an RSI of 57.44 and a MACD of 0.03, with the trend anchored by the 50-Day SMA at 2.86. Traders should monitor key support at 2.72 and resistance at 2.96.