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Asset Summary

Weekly Performance Report for MPWR ETF: Week 51, 2024

Summary: The Weekly started with MPWR ETF opening at $607 and closing at $593.22. The ETF showed weakness throughout the Weekly, with the highest price observed at $644.81 and the lowest at $582.29. The underlying asset had a trading range of $62.52 Overall, it was a negative trading Weekly for MPWR ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-13.78 or -2.27% in the closing price from the opening to the closing price over the Weekly.

Volume Analysis: Trading volume for MPWR ETF was 6,045,531 units during Week 51, indicating active market participation and investor interest.

Opening Price: The Weekly started at $607.

Highest Price: The highest price observed during the Weekly was $644.81.

Lowest Price: The lowest price observed during the Weekly was $582.29.

Closing Price: The Weekly ended at $593.22.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

MPS invests heavily in research and development to deliver cutting-edge power solutions and enhance energy efficiency.

MPS aims to grow by expanding its product portfolio, entering new markets, and enhancing customer partnerships.

MPS focuses on sustainability through the development of energy-efficient products and minimizing its environmental impact.

Key products include power management ICs, LED drivers, and integrated circuits for power conversion.

Investors can purchase MPWR stock through a brokerage account or investment platform.

MPS serves various industries including telecommunications, computing, consumer electronics, and automotive.

Yes, MPWR stock is publicly traded on the NASDAQ under the ticker symbol MPWR.

Monolithic Power Systems has shown strong revenue growth and profitability, driven by demand for efficient power solutions.

Monolithic Power Systems is headquartered in Kirkland, Washington.

Investors should consider risks such as market competition, technological changes, and fluctuations in demand for electronic components.

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