Monolithic Power Systems Shows Rising Relative Price Performance; Still Shy Of Key Threshold

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Monolithic Power Systems ( MPWR ) had its Relative Strength ( RS ) Rating upgraded from 67 to 72 Monday -- a welcome improvement, but still shy of the 80 or higher score you prefer to see.

[ibd-display-video id=2385970 width=50 float=left autostart=true] This proprietary rating tracks technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.

Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an RS Rating of above 80 in the early stages of their moves. See if Monolithic Power Systems can continue to show renewed price strength and clear that threshold.

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Monolithic Power Systems is trying to complete a cup with handle with a 124.54 entry . See if the stock can break out in heavy volume. Keep in mind that it's a later-stage consolidation, and those are riskier than earlier-stage patterns.

Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 27%, compared to 26% in the prior report. Revenue increased from 19% to 21%. The company is expected to report its latest results on or around Feb. 9.

Monolithic Power Systems earns the No. 3 rank among its peers in the Electronics-Semiconductor Fabless industry group. Nvidia ( NVDA ) is the No. 1-ranked stock within the group.


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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Stocks
Referenced Symbols: MPWR , RS , NVDA

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