LBIRD Technical Analysis - LUMIBIRD

Technical Rating and Analysis

We assign a technical rating of 5 out of 10 to LBIRD. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month LBIRD has a been trading in the 15.95 - 21.20 range, which is quite wide. It is currently trading near the lows of this range.

Looking at the yearly performance, LBIRD did better than 91% of all other stocks.

LBIRD is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 80% of 53 stocks in the same industry.

The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.

LBIRD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LBIRD is lagging the market.

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

Setup Rating and Analysis

LBIRD 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

11.14

20.60

When analyzing the support we can see 2 important areas.

A support zone ranging from 15.99 to 15.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @11.25 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

Resistance @20.40 from a horizontal line in the daily time frame.

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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	UP	POSITIVE	The long term trend for LBIRD.PA is up.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for LBIRD.PA is down.
ChartMill Relative Strength	91.94	POSITIVE	LBIRD.PA has a high relative strength, it outperformed 91.94% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of LBIRD.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of LBIRD.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of LBIRD.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)	33.03	NEUTRAL	The RSI value for LBIRD.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.29	NEGATIVE	The MACD value suggests LBIRD.PA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	7.13	OVERSOLD	The low Stochastics value suggests LBIRD.PA may be oversold.
Average True Range in percent/ATR (20)	4	MEDIUM VOLATILITY	The ATR as a percentage value for LBIRD.PA suggests some volalility.
Average Directional Index/ADX (14)	20.07	NEUTRAL	The ADX value for LBIRD.PA suggests a possible start of a new trend.