Overall LABL gets a technical rating of 5 out of 10. In the last year, LABL was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
LABL has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
49.04
We found 1 important support area.
- A support zone ranging from 49.54 to 50.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 50.05 to 50.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @51.49 from a horizontal line in the daily time frame.
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 LABL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LABL is up. |
| ChartMill Relative Strength | 24.96 | NEGATIVE | LABL has a low relative strength, it was outperformed by 75.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LABL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LABL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LABL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.11 | NEUTRAL | The RSI value for LABL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LABL has a positive trend. |
| Stochastics (14,3) | 45.69 | NEUTRAL | The Stochastics value for LABL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.12 | LOW VOLATILITY | The low ATR as a percentage value for LABL suggests low volalility. |
50.01
+0.04 (+0.08%)
MULTI COLOR CORP / LABL FAQ
Can you provide the ChartMill technical rating for MULTI COLOR CORP?
ChartMill assigns a technical rating of 5 / 10 to LABL.
Can you provide the trend direction for MULTI COLOR CORP?
The current trend direction for MULTI COLOR CORP (LABL) is Bullish.
Can you provide the RSI signal for MULTI COLOR CORP?
MULTI COLOR CORP (LABL) has an RSI value of 61.1101. This indicates that the stock is currently neutral.
What is the MACD signal for LABL stock?
The MACD indicator for MULTI COLOR CORP (LABL) has a value of 0.000241646, indicating a bearish trend.
What is the support and resistance level for LABL stock?
MULTI COLOR CORP (LABL) has a support level at 50 and a resistance level at 50.05. Check the full technical report for our detailed analysis of LABL support and resistance levels.