LATIN AMERN DISCOVERY FD INC (LDF) Stock Technical Analysis
USA - NYSE:LDF - US51828C1062
Overall LDF gets a technical rating of 9 out of 10. Both in the recent history as in the last year, LDF has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, LDF also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 12.06, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.24
We found 4 important support areas.
- A support zone ranging from 11.86 to 12.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 11.38 to 11.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.57 from a horizontal line in the weekly time frame.
- Support @10.34 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for LDF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LDF is up. |
| ChartMill Relative Strength | 88.41 | POSITIVE | LDF has a high relative strength, it outperformed 88.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LDF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LDF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LDF is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.22 | NEUTRAL | The RSI value for LDF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LDF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75 | NEUTRAL | The Stochastics value for LDF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for LDF suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.30 | 11.85 | 0.45 (3.66%) | 25.00% |
| An entry @12.30. This is a Buy Stop order right above the 10 day high. | An exit @11.85. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.45 points, which is 3.66%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.91%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:LDF (11/16/2018, 8:06:41 PM)
12.14
+0.01 (+0.08%)
LATIN AMERN DISCOVERY FD INC / LDF FAQ
What is the technical rating for LDF stock?
ChartMill assigns a technical rating of 8 / 10 to LDF.
What is the trend direction for LDF stock?
The current trend direction for LATIN AMERN DISCOVERY FD INC (LDF) is Bullish.
What is the RSI signal for LATIN AMERN DISCOVERY FD INC (LDF) stock?
LATIN AMERN DISCOVERY FD INC (LDF) has an RSI value of 58.22. This indicates that the stock is currently neutral.
What is the MACD signal for LDF stock?
The MACD indicator for LATIN AMERN DISCOVERY FD INC (LDF) has a value of -0.0143411, indicating a bearish trend.
What is the buy/sell signal for LDF stock?
The buy/sell signal for LATIN AMERN DISCOVERY FD INC (LDF) is buy as both the short term and long term trends are positive.