LAIX INC - ADR (LAIX) Stock Technical Analysis
NYSE:LAIX - New York Stock Exchange, Inc. - ADR
We assign a technical rating of 0 out of 10 to LAIX. LAIX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, LAIX is a bad performer in the overall market: 100% of all stocks are doing better.
LAIX is part of the Diversified Consumer Services industry. There are 72 other stocks in this industry, of which 84% are performing better than LAIX.
LAIX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month LAIX has a been trading in the 2.70 - 4.55 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Considerably lower volume is observed in the last couple of days.
LAIX has a poor technical rating and the quality of the setup is also 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
3.07
6.19
When analyzing the resistance we notice 2 important areas.
- Resistance @4.99 from a trend line in the daily time frame.
- Resistance @6.13 from a trend 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 | DOWN | NEGATIVE | The long term trend for LAIX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LAIX is down. |
| ChartMill Relative Strength | 0.7 | NEGATIVE | LAIX has a low relative strength, it was outperformed by 99.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LAIX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LAIX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LAIX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.41 | NEUTRAL | The RSI value for LAIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests LAIX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 20.83 | NEUTRAL | The Stochastics value for LAIX is a neutral value. |
| Average True Range in percent/ATR (20) | 14.93 | HIGH VOLATILITY | The high ATR as a percentage value for LAIX suggests high volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:LAIX (4/7/2022, 8:04:00 PM)
3.1
-0.33 (-9.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-9.62%
1 Week-21.32%
2 Weeks-22.69%
1 Month-13.41%
3 Month-62.06%
6 Month-74.84%
12 Month-90.58%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%14.93%
ATR Inc-33.18%
Range Today0.42
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.7
Mansfield-7.8
10 Day High4.38
10 Day Low3.04
20 Day High4.55
20 Day Low2.7
52 Week High33.6
52 Week Low2.7
CS1 EndN/A
CR1 Start4.99
Volume & EV
DER(3)-27.41%
DER(5)-16.7%
Volume29.10K
Volume Incr-69.13%
Vol(5)12.16K
Vol(50)106.41K