LOCAFY LTD (LCFY) Stock Technical Analysis
NASDAQ:LCFY - AU0000254476 - Common Stock
4.2426 USD
-0.1 (-2.24%)
4.13 USD
-0.11 (-2.65%)
Overall LCFY gets a technical rating of 1 out of 10. LCFY'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.
When comparing the yearly performance of all stocks, LCFY is a bad performer in the overall market: 83% of all stocks are doing better.
LCFY is one of the lesser performing stocks in the Software industry. 60% of 282 stocks in the same industry do better.
LCFY 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.
LCFY is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
LCFY has an average volume of 2202720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
LCFY has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
2.67
9.90
We found 2 important support areas.
- A support zone ranging from 4.17 to 4.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.70 from a trend line in the weekly time frame.
5 important resistance areas can be observed.
- Resistance @4.28 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.40 to 4.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.39 from a trend line in the daily time frame.
- A resistance zone ranging from 7.82 to 7.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.80 from a horizontal 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 LCFY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LCFY is down. |
| ChartMill Relative Strength | 17.47 | NEGATIVE | LCFY has a low relative strength, it was outperformed by 82.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LCFY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LCFY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LCFY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.56 | NEUTRAL | The RSI value for LCFY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests LCFY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.98 | NEUTRAL | The Stochastics value for LCFY is a neutral value. |
| Average True Range in percent/ATR (20) | 9.18 | HIGH VOLATILITY | The high ATR as a percentage value for LCFY suggests high volalility. |
| Average Directional Index/ADX (14) | 17 | NEGATIVE | The low ADX value for LCFY suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
4.2426
-0.1 (-2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.24%
1 Week-2.24%
2 Weeks-1.79%
1 Month-35.23%
3 Month4.75%
6 Month-35.72%
12 Month-22.3%
2 Year-40.08%
3 Year424.3%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%9.18%
ATR Inc-24.95%
Range Today0.28
ADR(20)0.38
ADR(20)%8.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.47
Mansfield-3.29
10 Day High4.76
10 Day Low4.01
20 Day High6.55
20 Day Low4.01
52 Week High13.98
52 Week Low2.51
CS1 End4.23
CR1 Start4.28
Volume & EV
DER(3)-9.13%
DER(5)-6.69%
Volume16.10K
Volume Incr-81.07%
Vol(5)18.74K
Vol(50)2.20M