MX Stock Analysis: Buy, Sell, or Hold?
MX - Magnachip Semiconductor Corp.
$8.93
0.59 (7.07%)
▲
5d:
+50.08%
30d:
+150.84%
90d:
+233.21%
WAIT
LOW Confidence
Analysis Updated: Jun 3, 2026 12:00 AM ET
Earnings: Jul 28, 2026
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34 traders called MX this week
96% bullish • 3 bearish
96% bullish • 3 bearish
Interactive Price Chart (1 Month)
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Bottom Line:
⏸️ WAIT FOR BETTER ENTRY: MX is 31.3% above its trading range ($6.80). While momentum could continue, risk/reward favors waiting for a pullback.
⏸️ WAIT FOR BETTER ENTRY: MX is 31.3% above its trading range ($6.80). While momentum could continue, risk/reward favors waiting for a pullback.
In-depth Analysis How we analyze
Valuation Analysis: MX is currently trading at $8.93, which is considered extended relative to its 30-day fair value range of $3.51 to $6.80.
Technical Outlook: Technically, MX is in a uptrend. Immediate support is located at $4.42, while resistance sits at $9.86. The stock is showing strong short-term momentum, up 7.1% recently.
Market Sentiment: MX has a strong technical setup (60/100), with favorable trendlines, momentum, and price action for short-term traders. However, the stock is trading significantly above the average Wall Street target of $4.00. Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, MX is in a uptrend. Immediate support is located at $4.42, while resistance sits at $9.86. The stock is showing strong short-term momentum, up 7.1% recently.
Market Sentiment: MX has a strong technical setup (60/100), with favorable trendlines, momentum, and price action for short-term traders. However, the stock is trading significantly above the average Wall Street target of $4.00. Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
EXTENDED
Historical Trading Range
$3.51 -
$6.80
Company Quality Score
54/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
47.4%
All Signals
- BEARISH: Price significantly overextended (+31.3% above its trading range)
- BULLISH: Strong technical setup (60/100)
- BULLISH: High volume confirmation
- BULLISH: Strong upward momentum (+7.1%)
- BEARISH: Trading 55.2% above Wall St target ($4.00)
- WARNING: Recommendation downgraded due to 31.3% overvaluation
Trading Range Analysis
30-Day Trading Range
$3.51 -
$6.80
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$4.42
Resistance Level
$9.86
Current Trend
Uptrend
Technical data as of
Jun 3, 2026
Fundamental Context
Forward P/E (Next Year Est.)
-10.89
Wall Street Target
$4.00
(-55.2%)
Revenue Growth (YoY)
3.3%
Earnings Growth (YoY)
-94.6%
Profit Margin
-14.1%
Share & Embed Analysis
Last updated: June 03, 2026 6:22 PM ET
Data refreshes hourly during market hours. Next update: 7:22 PM
Data refreshes hourly during market hours. Next update: 7:22 PM
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Technical Signals Check
Is MX showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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