Looking at the technical indicators and strong revenue predictions; NXPI first should try 250 range and then probably go down to ~211 (+/- 10) price levels to gain strength to test 250 again and 280 region for the first time in the next coming months until the end of 2023-Q4.
Chips have begun 2024 on a strong note, and some traders may look for NXP Semiconductors to participate in the rally.
The first pattern on today’s chart is October’s monthly closing high of $203.46. NXPI paused below the level around November 20. It then climbed, and the same price area went from being a weekly high to a weekly low. A successful retest followed...
Breaking New Heights: C&H Formation Unleashes Bullish Surge!
NXP Semiconductors
Chart Analysis
1.Price Formation: The price has broken out from a C&H price formation on a daily chart.
2.Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating bullish momentum.
3.200-day Moving Average is below the Price.
4.Thus,...
NXP Semiconductors N.V. (NASDAQ:NXPI) has been the subject of a variety of analyst ratings reflecting different sentiments. As of October 24, 2023, one rating agency was bullish and another slightly bullish, indicating a generally positive outlook for the company's stock, albeit with some reservations. Another source has a consensus rating of "Buy" and a consensus...
one of the more overlooked semi names. shorter term play, monthly contracts or at least a week or two of time. filled one gap, looking to fill the other near just short of ATH.
watch that swing POC and previous value as support (210-212), bears want to get below and reject to get some emas crossing.
EMAs defended as price checks daily trigger, price...
Solid semi out of the Netherlands. Finbox models have a 25% upside, and that is green point D on the ABCD. The green ABCD is cloned off the red ABCD.
I would definitely add some at green point C or the Red dashed line. But a solid break and hold below green C would be a trend reversal. I don't see that happening with the good volume support.
NXPI is a semiconductor devices stock that has the potential to break out from a February 2022 into June 2023 big base pattern. A decisive push above 197-198 would confirm this bullish setup and suggest upside back to the late 2021 peaks near 228-229 and 239-240 and then toward the pattern count at 260-263.
Until then, NXPI has support from 186 (chart level) to...
NXPI is trading within a weekly consolidation structure that appears to be bottoming out and preparing to make at least an 0.886 retrace, and recently it has formed a Bull Flag and it has also confirmed Hidden Bullish Divergence on the Monthly with a MACD Bullish crossing.
Out of all the big chip suppliers, NXPI is one that has yet to make any crazy moves up and...
The PEAD projected a bullish outlook for $NXPI after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
Seems like the bullish breakout is finally here. The chart speaks for itself - if I should elaborate on something feel free to use the comment section here ....
-Things need to straighten out for economies to prosper, and that's the motto the Fed is currently chasing.
-For the FED to be able to straighten things out, it first needs to control inflation, which at the moment is not just American, it is global.
-With the rise in prices of various commodities (oil, proteins, chips and ores), it becomes increasingly...
Governments are competing with each other to ensure stable future supplies
The phrase ‘chip shortage’ has made quite an impression1.
- The US has earmarked an enormous one-time sum, $77 billion, in subsidies and tax credits to boost chip production within the US
- China is prepared to spend more than $150 billion through 2030
- South Korea is poised to offer...
The PEAD projected a Bullish outlook for $NXPI after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 69.23%.
A new support has been found upon a line that was recently seen as resistance (green dotted)
This is also above a larger up channel formation
This support touch should result in a bull bounce
