1MC Technical Analysis - LVMH MOET HENNESSY LOUIS VUI

Technical Rating and Analysis

We assign a technical rating of 6 out of 10 to 1MC. 1MC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

70% of all other stocks performed better in the past year than 1MC.

Warning: 1MC has an average volume of 1901 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.

In the last month 1MC has a been trading in the 483.80 - 585.10 range, which is quite wide. It is currently trading near the high of this range.

1MC is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 68% of 46 stocks in the same industry.

1MC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so 1MC is lagging the market.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

LVMH MOET HENNESSY LOUIS VUI / 1MC Weekly stock chart

LVMH MOET HENNESSY LOUIS VUI / 1MC Daily stock chart

Setup Rating and Analysis

1MC has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

472.48

594.04

2 important support areas can be observed.

A support zone ranging from 508.69 to 524.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 477.25 to 489.79. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

Resistance @550.01 from a horizontal line in the weekly time frame.
Resistance @588.16 from a trend line in the weekly time frame.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	NEUTRAL	NEUTRAL	The long term trend for 1MC.MI is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for 1MC.MI is up.
ChartMill Relative Strength	30.94	NEUTRAL	1MC.MI is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of 1MC.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of 1MC.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of 1MC.MI is below a declining SMA(200).
Relative Strength Index/RSI (14)	59.14	NEUTRAL	The RSI value for 1MC.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	3.08	POSITIVE	The MACD value suggests 1MC.MI has a positive trend, although the MACD value is declining.
Stochastics (14,3)	75.15	NEUTRAL	The Stochastics value for 1MC.MI is a neutral value.
Average True Range in percent/ATR (20)	2.79	MEDIUM VOLATILITY	The ATR as a percentage value for 1MC.MI suggests some volalility.
Average Directional Index/ADX (14)	38.46	POSITIVE	The high ADX value value for 1MC.MI suggests a strong trend.