NASDAQ:LE - Nasdaq - US51509F1057 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to LE. LE has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although LE has an excellent technical rating, it does not offer a high 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.
7.62
We found 2 important support areas.
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The long term trend for LE is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LE is up. |
ChartMill Relative Strength | 41.42 | NEUTRAL | LE is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LE is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 70.64 | OVERBOUGHT | The high RSI value suggests LE may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests LE has a positive trend. |
Stochastics (14,3) | 79.36 | NEUTRAL | The Stochastics value for LE is a neutral value. |
Average True Range in percent/ATR (20) | 8.26 | HIGH VOLATILITY | The high ATR as a percentage value for LE suggests high volalility. |
Average Directional Index/ADX (14) | 27.79 | POSITIVE | The high ADX value value for LE suggests a strong trend. |
11.58
-0.06 (-0.52%)