Taking everything into account, LBJ scores 3 out of 10 in our technical rating. In the past year, LBJ was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of LBJ is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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50.72
When analyzing the support we notice one important area.
- A support zone ranging from 51.23 to 52.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 60.41 to 60.41. 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 | DOWN | NEGATIVE | The long term trend for LBJ is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LBJ is up. |
| ChartMill Relative Strength | 24.64 | NEGATIVE | LBJ has a low relative strength, it was outperformed by 75.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LBJ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LBJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LBJ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.79 | NEUTRAL | The RSI value for LBJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.91 | POSITIVE | The MACD value suggests LBJ has a positive trend. |
| Stochastics (14,3) | 94.74 | OVERBOUGHT | The high Stochastics value suggests LBJ may be overbought. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for LBJ suggests some volalility. |
Direxion Daily Latin America Bull 2X Shares
NYSEARCA:LBJ (1/14/2022, 8:04:00 PM)
After market: 60.08 -0.32 (-0.53%)60.4
+1.04 (+1.75%)
Direxion Daily Latin America Bull 2X Shares / LBJ FAQ
What is the technical rating for LBJ stock?
ChartMill assigns a technical rating of 3 / 10 to LBJ.
What is the current trend direction of Direxion Daily Latin America Bull 2X Shares (LBJ) stock?
The current trend direction for Direxion Daily Latin America Bull 2X Shares (LBJ) is Bearish.
What is the RSI signal for Direxion Daily Latin America Bull 2X Shares (LBJ) stock?
Direxion Daily Latin America Bull 2X Shares (LBJ) has an RSI value of 65.7889. This indicates that the stock is currently neutral.
What is the short term momentum for LBJ stock?
The short term momentum for Direxion Daily Latin America Bull 2X Shares (LBJ) is positive.
Can you provide the buy/sell signal for Direxion Daily Latin America Bull 2X Shares?
The buy/sell signal for Direxion Daily Latin America Bull 2X Shares (LBJ) is hold as the short term and long term trends are mixed.