NYSE:L - New York Stock Exchange, Inc. - US5404241086 - Common Stock - Currency: USD
Taking everything into account, L scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, L is showing a nice and steady performance.
L has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 87.30, a Stop Loss order could be placed below this zone.
80.08
We found 3 important support areas.
When analyzing the resistance we notice one important area.
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 | UP | POSITIVE | The long term trend for L is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for L is neutral. |
ChartMill Relative Strength | 83.87 | POSITIVE | L has a high relative strength, it outperformed 83.87% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of L is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of L is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of L is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 50.02 | NEUTRAL | The RSI value for L is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests L has a negative trend. |
Stochastics (14,3) | 63.34 | NEUTRAL | The Stochastics value for L is a neutral value. |
Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for L suggests low volalility. |
Average Directional Index/ADX (14) | 11.81 | NEGATIVE | The low ADX value for L suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
88.56 | 86.82 | 1.74 (1.96%) | 25.00% |
An entry @88.56. This is a Buy Stop order right above the 10 day moving average. | An exit @86.82. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.74 points, which is 1.96%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.49%. |
87.59
-0.14 (-0.16%)