Ribbit LEAP Ltd (LEAP) Stock Technical Analysis
USA - NYSE:LEAP - KYG7552B1059 - Common Stock
We assign a technical rating of 6 out of 10 to LEAP. In the last year, LEAP was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
LEAP has an average technical rating and the quality of the presented setup is also not ideal 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.
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9.71
When analyzing the support we notice one important area.
- A support zone ranging from 9.81 to 10.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.03 to 10.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 LEAP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LEAP is up. |
| ChartMill Relative Strength | 56.26 | NEUTRAL | LEAP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LEAP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LEAP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LEAP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 79.49 | OVERBOUGHT | The high RSI value suggests LEAP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LEAP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.83 | OVERBOUGHT | The high Stochastics value suggests LEAP may be overbought. |
| Average True Range in percent/ATR (20) | 0.15 | LOW VOLATILITY | The low ATR as a percentage value for LEAP 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 |
|---|---|---|---|
| 10.03 | 9.95 | 0.08 (0.80%) | 25.00% |
| An entry @10.03. This is a Buy Stop order right above the 10 day high. | An exit @9.95. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.08 points, which is 0.80%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.20%. |
- 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.
10.02
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Ribbit LEAP Ltd / LEAP FAQ
Can you provide the ChartMill technical rating for Ribbit LEAP Ltd?
ChartMill assigns a technical rating of 6 / 10 to LEAP.
Can you provide the trend direction for Ribbit LEAP Ltd?
The current trend direction for Ribbit LEAP Ltd (LEAP) is Bearish.
What is the RSI signal for LEAP stock?
Ribbit LEAP Ltd (LEAP) has an RSI value of 79.4924. This indicates that the stock is currently overbought.
Can you provide the short term momentum for Ribbit LEAP Ltd?
The short term momentum for Ribbit LEAP Ltd (LEAP) is positive.
What is the support and resistance level for LEAP stock?
Ribbit LEAP Ltd (LEAP) has a support level at 10.01 and a resistance level at 10.03. Check the full technical report for our detailed analysis of LEAP support and resistance levels.