Is Magnachip Semiconductor Corporation stock a buy or sell right now?

Based on current indicators, Magnachip Semiconductor Corporation shows a Buy signal, supported by strong momentum and a confirmed uptrend.

What is Magnachip Semiconductor Corporation’s RSI?

RSI is 51.84, showing balanced momentum within the normal range.

What does MACD indicate for MX?

MACD at 0.89 remains positive, but the signal line crossover suggests short-term caution.

What are Magnachip Semiconductor Corporation’s key support and resistance levels?

Support sits around $2.84, while resistance is near $9.47.

Magnachip Semiconductor Corporation (MX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Magnachip Semiconductor Corporation.

MX●NYSE

TechnologySemiconductors

$6.22

$0.67(9.65%)

U.S. Market is Open · 14:27

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MX Technical Analysis Summary

Magnachip Semiconductor Corporation stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Neutral to Bullish (RSI: 51.84)

Trend Strength:Very Strong (ADX: 46.55)

Volatility:High (ATR: 1.05)

Support/Resistance:$2.84 – $9.47 (Bollinger Bands)

Technical conditions suggest Magnachip Semiconductor Corporation is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 51.84

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 44.79

Neutral

Mid-range signal with no clear trend.

Williams %R: -65.81

Bearish

Sellers maintain momentum below neutral.

Rate of Change (ROC): 45.71

Strongly Bullish

Strong upside momentum.

Takeaway:Magnachip Semiconductor Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.89

Bullish

Bullish, trend momentum is strengthening.

ADX: 46.55

Very Strong

Very strong trend, powerful directional momentum.

ATR (14): 1.05

Low

Low volatility, stable price action.

CCI (14): -35.69

Bearish

Bearish, momentum remains under pressure.

Takeaway:Magnachip Semiconductor Corporation shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$9.47

Middle Band (SMA 20)

$6.15

Lower Band

$2.84

Current Position

Within Bands

Takeaway:Magnachip Semiconductor Corporation trades around the middle band, reflecting balanced price action.

Keltner Channels

Upper Channel

$8.52

Middle Line (EMA 20)

$6.42

Lower Channel

$4.31

Squeeze Status

No Squeeze

Takeaway:Magnachip Semiconductor Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis

On-Balance Volume30.82M

Money Flow Index67.66Bullish, inflows support continued momentum.

Relative Vigor Index36.72Bearish, price momentum favors sellers.

Overall Takeaway:MX shows mixed signals in money flow analysis.

Technical Trading Signals Summary

Based on the current technical analysis of Magnachip Semiconductor Corporation, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Magnachip Semiconductor Corporation are mixed, suggesting a Hold or wait-and-see approach.