LOCAFY LTD (LCFY) Stock Technical Analysis
NASDAQ:LCFY - Nasdaq - AU0000254476 - Common Stock - Currency: USD
Taking everything into account, LCFY scores 1 out of 10 in our technical rating. LCFY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
LCFY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LCFY is lagging the market.
In the last month LCFY has a been trading in the 4.02 - 5.72 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.
Warning: LCFY has an average volume of 20311 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, LCFY turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
LCFY is an average performer in the Software industry, it outperforms 50% of 282 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
The technical rating of LCFY is bad and it also does not present a quality setup 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.
More info and screens
3.60
9.90
3 important support areas can be observed.
- Support @3.97 from a trend line in the weekly time frame.
- Support @3.73 from a horizontal line in the weekly time frame.
- Support @3.64 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 4.35 to 4.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.25 from a trend line in the daily time frame.
- 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 | 40.72 | NEUTRAL | LCFY is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of LCFY is below a declining 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) | 41.34 | NEUTRAL | The RSI value for LCFY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests LCFY has a negative trend. |
| Stochastics (14,3) | 7.88 | OVERSOLD | The low Stochastics value suggests LCFY may be oversold. |
| Average True Range in percent/ATR (20) | 11.5 | HIGH VOLATILITY | The high ATR as a percentage value for LCFY suggests high volalility. |
| Average Directional Index/ADX (14) | 25.02 | POSITIVE | The high ADX value value for LCFY suggests a strong 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)
NASDAQ:LCFY (5/28/2025, 4:30:02 PM)
4.0232
-0.18 (-4.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-4.21%
1 Week-11.55%
2 Weeks-12.99%
1 Month-27.44%
3 Month-39.09%
6 Month-45.68%
12 Month34%
2 Year-52.39%
3 Year383.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%11.5%
ATR Inc-54.28%
Range Today0.3
ADR(20)0.44
ADR(20)%10.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.72
Mansfield-3.05
10 Day High4.92
10 Day Low4.02
20 Day High5.72
20 Day Low4.02
52 Week High11.23
52 Week Low2.2
CS1 End3.97
CR1 Start4.35
Volume & EV
DER(3)-4.46%
DER(5)-4.68%
Volume5.19K
Volume Incr-88.03%
Vol(5)4.62K
Vol(50)20.31K