MX Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Magnachip Semiconductor Corp (MX) Moving Averages Convergence Divergence (MACD) indicator is 0.895, suggesting MX is Strong Buy.

Magnachip Semiconductor Corp (MX) 20-Day simple moving average is 4.865, while Magnachip Semiconductor Corp (MX) share price is $8.8, making it Buy.

Magnachip Semiconductor Corp (MX) 60-Day simple moving average is 3.734, while Magnachip Semiconductor Corp (MX) share price is $8.8, making it Buy.

Technical Analysis for MX

Technical Sentiment Analysis for Magnachip Semiconductor Corp (MX) As of 2026-05-29, Magnachip Semiconductor Corp (MX) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MX stands at 79.087, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 0.895, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 82.505 and the Commodity Channel Index (CCI) at 262.579 further confirm a 4.47 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MX is trading above its 60-day moving average of $3.734 and above its 200-day long-term moving average of $3.134. Key price levels to watch include the immediate resistance at $8.929 and strong support at $3.209. A break above $8.929 could signal a bull continuation, while falling below $3.209 may test the next Fibonacci floor at $0.72.

Magnachip Semiconductor Corp (MX) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	-2.511	0.72	3.209	6.439	8.929	12.159	14.648
Fibonacci	0.72	2.905	4.255	6.439	8.624	9.974	12.159

Magnachip Semiconductor Corp (MX) Technical Indicators

2026-05-29

Name	Value
RSI_14	79.087
STOCHk_14_3_3	82.505
STOCHd_14_3_3	81.613
CCI_20	262.579
AO_5_34	2.267
MOM_10	4.47
MACD_12_26_9	0.895

Magnachip Semiconductor Corp (MX) Relative Strength Index (RSI) is 79.087, creating a Sell signal.

Magnachip Semiconductor Corp (MX) Stochastic Oscillator is 82.505, creating a Sell signal.

Magnachip Semiconductor Corp (MX) Stochastic RSI is 81.613, creating a Sell signal.

Magnachip Semiconductor Corp (MX) Commodity Channel Index (CCI) is 262.579, creating a Sell signal.

Magnachip Semiconductor Corp (MX) Awesome Oscillator is 2.267, creating a Buy signal.

Magnachip Semiconductor Corp (MX) Momentum is 4.47, creating a Buy signal.

Magnachip Semiconductor Corp (MX) MACD is 0.895, creating a Buy signal.

Magnachip Semiconductor Corp (MX) Moving Average

2026-05-29

Period	Simple	Signal
MA_5	6.688	Buy
MA_10	5.698	Buy
MA_20	4.865	Buy
MA_60	3.734	Buy
MA_200	3.134	Buy
MA_250	3.267	Buy

Magnachip Semiconductor Corp (MX) 5-Day simple moving average is 6.688, while Magnachip Semiconductor Corp (MX) share price is $8.8, making it a Buy.

Magnachip Semiconductor Corp (MX) 10-Day simple moving average is 5.698, while Magnachip Semiconductor Corp (MX) share price is $8.8, making it a Buy.

Magnachip Semiconductor Corp (MX) 20-Day simple moving average is 4.865, while Magnachip Semiconductor Corp (MX) share price is $8.8, making it a Buy.

Magnachip Semiconductor Corp (MX) 60-Day simple moving average is 3.734, while Magnachip Semiconductor Corp (MX) share price is $8.8, making it a Buy.

Magnachip Semiconductor Corp (MX) 200-Day simple moving average is 3.134, while Magnachip Semiconductor Corp (MX) share price is $8.8, making it a Buy.

Magnachip Semiconductor Corp (MX) 250-Day simple moving average is 3.267, while Magnachip Semiconductor Corp (MX) share price is $8.8, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for MX?

The overall technical consensus for Magnachip Semiconductor Corp (MX) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 5 sell signals.

What are the key support and resistance levels for Magnachip Semiconductor Corp (MX) today?

Based on pivot point calculations, Magnachip Semiconductor Corp (MX) has an immediate support level at 3.209 and a major resistance level at 8.929. Traders also monitor the pivot point at 6.439 to determine the intraday trend direction.

Is Magnachip Semiconductor Corp (MX) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Magnachip Semiconductor Corp (MX) is currently 79.087. This indicates that the stock is in overbought territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Magnachip Semiconductor Corp (MX)?

Magnachip Semiconductor Corp (MX) Moving Averages Convergence Divergence (MACD) indicator is 0.895, suggesting MX is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for Magnachip Semiconductor Corp.

How is Magnachip Semiconductor Corp (MX) performing relative to its 200-day moving average?

Magnachip Semiconductor Corp (MX) is currently trading at $8.8, which is above its 200-day simple moving average of 3.134. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.