Score 9.1 (out of 10): MONOLITHIC POWER SYSTEMS sets up for +14.3% rally in 3 months

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What’s Going On Here?

MONOLITHIC POWER SYSTEMS has triggered a new high volatility signal (2 month). During similar occasions, MONOLITHIC POWER SYSTEMS shares had a median return of +14.3%, over the following 3 months – based on 10 historical occasions with 10 of those showing positive returns (100%). This buy signal for MONOLITHIC POWER SYSTEMS received a high score of 9.1 (out of 10). This insight was generated on 2023-June-16 with last price of 519.28.

MONOLITHIC POWER SYSTEMS is in the Electronic Compo-Semicon business. Based on the last 2 years’ risk/return profile, this asset is seen as Very Risky. Ticker symbol: MPWR US.

Previous Signal Returns:

12% (May-2022), 4.3% (March-2022), 39.2% (May-2020), 37.5% (March-2020), 34.7% (January-2019), 17% (November-2018), 15.4% (February-2018), 12.5% (December-2017), 13.3% (July-2017), 4.3% (February-2016).

We found 3 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 593.6 (+14.3%) has been reached. Based on MONOLITHIC POWER SYSTEMS’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 487.58 (last price at 519.28), which is equivalent to a -6.1% decline.

Historical Chart:

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