SEMILEDS CORP/TW (LEDS) Stock Technical Analysis
NASDAQ:LEDS - Nasdaq - US8166452040 - Common Stock - Currency: USD
Taking everything into account, LEDS scores 1 out of 10 in our technical rating. LEDS 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.
In the last month LEDS has a been trading in the 1.87 - 2.88 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.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, LEDS turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
LEDS is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, LEDS did better than 45% of them.
LEDS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LEDS is lagging the market.
The technical rating of LEDS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.12
2.78
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.92 to 1.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.13 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.75 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for LEDS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LEDS is down. |
| ChartMill Relative Strength | 50.64 | NEUTRAL | LEDS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LEDS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LEDS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LEDS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 27.92 | OVERSOLD | The low RSI value suggests LEDS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests LEDS has a negative trend. |
| Stochastics (14,3) | 5.34 | OVERSOLD | The low Stochastics value suggests LEDS may be oversold. |
| Average True Range in percent/ATR (20) | 9.08 | HIGH VOLATILITY | The high ATR as a percentage value for LEDS suggests high volalility. |
| Average Directional Index/ADX (14) | 25.64 | POSITIVE | The high ADX value value for LEDS 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)
1.96
+0.03 (+1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.55%
1 Week-22.22%
2 Weeks-29.62%
1 Month-21.6%
3 Month-17.99%
6 Month13.95%
12 Month28.95%
2 Year-18.67%
3 Year-38.75%
5 Year-33.78%
10 Year-65.61%
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%9.08%
ATR Inc4.15%
Range Today0.09
ADR(20)0.17
ADR(20)%8.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.64
Mansfield0.2
10 Day High2.88
10 Day Low1.87
20 Day High2.88
20 Day Low1.87
52 Week High3.16
52 Week Low0.92
CS1 End1.95
CR1 Start2.75
Volume & EV
DER(3)-13.41%
DER(5)-10.14%
Volume31.30K
Volume Incr28.44%
Vol(5)56.58K
Vol(50)60.24K