Monolithic Power Systems (MPWR) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for MPWR · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$1,335.03last close · Aug 4, 202652-week range $774.14 – $1,714.09 · 22.11% below the high

MPWR Bullish Pennant Pattern

MPWR is currently forming a bullish pennant on the daily timeframe. Detected Aug 4, 2026.

A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $1,365.95 (+27.1%). Across 2,605 backtested bullish pennants, the setup followed through 57.4% of the time, averaging +0.99R; MPWR's own bullish pennants have hit 53.8%.

DirectionBullishTarget$1,365.95Projected move+27.1%Breakout level$1,097.73

New to this pattern? What a bullish pennant is and how to trade it →

MPWR's Most Recent Bullish Pennant Trade

MPWR's most recent completed bullish pennant resolved as a win: it broke higher on Apr 1, 2026 near $1,105.82, then reached its target at $1,504.08 on Apr 28, 2026 — a +3.63R move (36.0%) over 18 sessions. Across 90 backtested bullish pennants, this setup wins 46.7% of the time.

OutcomeWinResult+3.63REntry$1,105.82Exit$1,504.08

Learn about bullish pennant

How Bullish Pennants Have Performed

Win rate
57.4%
Avg return
+0.99R
Backtested trades
2,605
MPWR win rate
53.8%

Historical pattern statistics (2006-08-15 – 2026-08-04), not a prediction.

How these backtests work →

MPWR Pattern Trade History

Every completed pattern trade our nightly backtest found on MPWR's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Bullish PennantApr 1, 2026 @ $1,105.82Apr 28, 2026 @ $1,504.08Win+3.63R
Bullish PennantSep 18, 2025 @ $895.35Oct 10, 2025 @ $904.44Win+0.10R
Bullish PennantJun 26, 2025 @ $738.85Aug 20, 2025 @ $826.27Win+1.27R
Falling WedgeMar 31, 2025 @ $558.73May 12, 2025 @ $709.23Loss-1.60R
TriangleOct 21, 2024 @ $904.51Oct 31, 2024 @ $735.19Win+3.42R
TriangleAug 12, 2024 @ $838.95Sep 3, 2024 @ $838.63Loss+0.00R
TriangleJul 17, 2024 @ $850.06Jul 25, 2024 @ $767.68Win+1.98R
TriangleFeb 7, 2024 @ $651.92Feb 20, 2024 @ $712.32Win+1.05R
TriangleAug 8, 2023 @ $530.30Sep 18, 2023 @ $460.02Win+2.10R
TriangleJul 12, 2023 @ $550.75Aug 11, 2023 @ $502.17Loss-1.01R
Bullish PennantJun 30, 2023 @ $546.58Aug 11, 2023 @ $502.17Loss-1.01R
Falling WedgeApr 25, 2023 @ $462.53May 5, 2023 @ $421.12Win+1.03R

MPWR Support and Resistance Levels

Price is bouncing off a floor near $1,266.81 and starting to climb. On the weekly chart, the next ceiling overhead sits near $1,514.25 — about 13% away.

  • Traders commonly watch $1,514.25 as a target (its 61.8% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $1,266.81 floor about a week ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $1,333.84, resistance near $1,514.25. These are chart/swing-derived levels, not formula pivots.

Resistance
$1,514.25$1,603.60$1,649.61$1,720.38$2,253.15
Support
$1,333.84$1,223.97$927.17

MPWR Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$1,402.10$1,425.99$1,333.32$1,335.03
Aug 3, 2026$1,417.78$1,421.61$1,305.01$1,344.37
Jul 31, 2026$1,499.00$1,568.21$1,405.96$1,426.03
Jul 30, 2026$1,290.97$1,339.99$1,290.63$1,316.18
Jul 29, 2026$1,263.27$1,327.31$1,240.02$1,248.76
Jul 28, 2026$1,283.77$1,313.74$1,253.70$1,282.01
Jul 27, 2026$1,340.00$1,364.85$1,284.82$1,339.08
Jul 24, 2026$1,373.81$1,385.74$1,318.72$1,333.81
Jul 23, 2026$1,359.81$1,409.99$1,359.59$1,397.15
Jul 22, 2026$1,353.93$1,419.92$1,350.49$1,398.45

MPWR Frequently Asked Questions

What chart pattern is MPWR forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a bullish pennant on Monolithic Power Systems (MPWR) on the daily chart, with a measured-move target of $1,365.95.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on MPWR is a bullish pattern, projecting a measured-move target of $1,365.95. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (2,605 trades over 631 symbols), it resolved in the expected direction 57.4% of the time with an average of +0.99R. These are historical statistics, not a prediction.
What are the support and resistance levels for MPWR?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), MPWR's nearest support is around $1,333.84 and nearest resistance around $1,514.25.
What is the price target if MPWR's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $1,365.95 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was MPWR's closing price on Aug 4, 2026?
Monolithic Power Systems (MPWR) last closed at $1,335.03 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.