LBGJ Technical Analysis - LI BANG INTERNATIONAL CORP I

Technical Rating and Analysis

Overall LBGJ gets a technical rating of 0 out of 10. LBGJ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

99% of all other stocks performed better in the past year than LBGJ.

LBGJ is one of the lesser performing stocks in the Machinery industry. 92% of 130 stocks in the same industry do better.

LBGJ 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 LBGJ has a been trading in the 0.42 - 1.54 range, which is quite wide. It is currently trading near the lows of this range.

Considerably lower volume is observed 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

LI BANG INTERNATIONAL CORP I / LBGJ Weekly stock chart

LI BANG INTERNATIONAL CORP I / LBGJ Daily stock chart

Setup Rating and Analysis

The technical rating of LBGJ is bad and it also does not present a quality setup 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

0.59

0.61

When analyzing the resistance we notice one important area.

A resistance zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	DOWN	NEGATIVE	The long term trend for LBGJ is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for LBGJ is down.
ChartMill Relative Strength	1.01	NEGATIVE	LBGJ has a low relative strength, it was outperformed by 98.99% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of LBGJ is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of LBGJ is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of LBGJ is below a declining SMA(200).
Relative Strength Index/RSI (14)	36.29	NEUTRAL	The RSI value for LBGJ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.02	POSITIVE	The MACD value suggests LBGJ has a positive trend.
Stochastics (14,3)	51.07	NEUTRAL	The Stochastics value for LBGJ is a neutral value.
Average True Range in percent/ATR (20)	21.18	HIGH VOLATILITY	The high ATR as a percentage value for LBGJ suggests high volalility.
Average Directional Index/ADX (14)	31.35	POSITIVE	The high ADX value value for LBGJ suggests a strong trend.