Libbey Inc (LBY) Technical Analysis
NYSEARCA:LBY
Current stock price
LBY Technical Rating and Analysis
Overall LBY gets a technical rating of 1 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 98% of all other stocks performed better in the past year than LBY.
- LBY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month LBY has a been trading in the 0.75 - 1.21 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
LBY Weekly and Daily overview Charts
LBY Setup Rating and Analysis
LBY has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
LBY Support and Resistance Analysis
0.79
4 important resistance areas can be observed.
- 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.
LBY 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 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. |
LBY Chart- and CandleStick Pattern Analysis
LBY Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:LBY (5/29/2020, 8:04:05 PM)
0.7957
-0.01 (-1.78%)
Libbey Inc / LBY TA 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 current trend direction of Libbey Inc (LBY) stock?
The current trend direction for Libbey Inc (LBY) is Bearish.
What is the RSI signal for Libbey Inc (LBY) stock?
Libbey Inc (LBY) has an RSI value of 40.196. This indicates that the stock is currently neutral.
What is the MACD signal for Libbey Inc (LBY) stock?
The MACD indicator for Libbey Inc (LBY) has a value of -0.0162766, indicating a bearish trend.
What are the support and resistance levels for Libbey Inc (LBY) stock?
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.