Libbey Inc (LBY) Stock Technical Analysis
USA - NYSEARCA:LBY -
Taking everything into account, LBY scores 1 out of 10 in our technical rating. LBY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
LBY has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
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0.79
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.84 to 0.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.90 to 0.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.97 from a trend line in the daily time frame.
- Resistance @1.14 from a trend line in the weekly 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 LBY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LBY is down. |
| ChartMill Relative Strength | 2.88 | NEGATIVE | LBY has a low relative strength, it was outperformed by 97.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LBY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LBY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LBY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.2 | NEUTRAL | The RSI value for LBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LBY has a negative trend. |
| Stochastics (14,3) | 11.46 | OVERSOLD | The low Stochastics value suggests LBY may be oversold. |
| Average True Range in percent/ATR (20) | 13.13 | HIGH VOLATILITY | The high ATR as a percentage value for LBY suggests high volalility. |
NYSEARCA:LBY (5/29/2020, 8:04:05 PM)
0.7957
-0.01 (-1.78%)
Libbey Inc / LBY FAQ
What is the ChartMill technical rating of Libbey Inc (LBY) stock?
ChartMill assigns a technical rating of 1 / 10 to LBY.
What is the trend direction for LBY stock?
The current trend direction for Libbey Inc (LBY) is Bearish.
What is the RSI signal for LBY stock?
Libbey Inc (LBY) has an RSI value of 40.196. This indicates that the stock is currently neutral.
What is the short term momentum for LBY stock?
The short term momentum for Libbey Inc (LBY) is negative.
Can you provide the support and resistance levels for Libbey Inc?
Libbey Inc (LBY) has a resistance level at 0.84. Check the full technical report for our detailed analysis of LBY support and resistance levels.