LITHIUM ARGENTINA AG (LAR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LAR - CH1403212751 - Common Stock
Taking everything into account, LAR scores 7 out of 10 in our technical rating. Although LAR is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, LAR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 5.57. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
4.34
We found 3 important support areas.
- Support @4.83 from a trend line in the daily time frame.
- Support @4.55 from a trend line in the weekly time frame.
- Support @4.38 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.57 to 5.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 LAR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LAR is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | LAR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LAR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LAR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LAR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.37 | NEUTRAL | The RSI value for LAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests LAR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 69.88 | NEUTRAL | The Stochastics value for LAR is a neutral value. |
| Average True Range in percent/ATR (20) | 7.23 | HIGH VOLATILITY | The high ATR as a percentage value for LAR suggests high volalility. |
| Average Directional Index/ADX (14) | 24.67 | NEUTRAL | The ADX value for LAR suggests a possible start of a new 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 |
|---|---|---|---|
| 5.58 | 4.82 | 0.76 (13.62%) | 7.34% |
| An entry @5.58. This is a Buy Stop order right above the resistance zone. | An exit @4.82. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.76 points, which is 13.62%. | When investing 7.34% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
5.56
+0.08 (+1.46%)
LITHIUM ARGENTINA AG / LAR FAQ
What is the technical rating for LAR stock?
ChartMill assigns a technical rating of 7 / 10 to LAR.
What is the current trend direction of LITHIUM ARGENTINA AG (LAR) stock?
The current trend direction for LITHIUM ARGENTINA AG (LAR) is Bullish.
Can you provide the RSI signal for LITHIUM ARGENTINA AG?
LITHIUM ARGENTINA AG (LAR) has an RSI value of 60.3739. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LITHIUM ARGENTINA AG?
The MACD indicator for LITHIUM ARGENTINA AG (LAR) has a value of -0.00416815, indicating a bearish trend.
What is the buy/sell signal for LAR stock?
The buy/sell signal for LITHIUM ARGENTINA AG (LAR) is buy as both the short term and long term trends are positive.