NXP Semiconductors NV (NXPI): Price Down $-4.9 (-2.55)% Over Past Day, Up $0.85 (0.46)% Over Past Hour

The Hourly View for NXPI

At the time of this writing, NXPI (Get Ratings)’s price is up $0.85 (0.46%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Out of Electronic Equipment stocks, NXPI ranks 141st in regards to today’s price percentage change.

NXPI’s Technical Outlook on the Daily Chart

At the moment, NXPI’s price is down $-4.9 (-2.55%) from the day prior. It’s been a feast for bears operating on the daily timeframe, as NXPI has now gone down 4 of the past 5 days. Regarding the trend, note that the strongest trend exists on the 100 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. The chart below shows NXPI’s price action over the past 90 days.

NXPI

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