SEMILEDS CORP/TW (LEDS)
US8166452040 - Common Stock
We assign a technical rating of 7 out of 10 to LEDS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LEDS is only an average performer.
LEDS 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 LEDS is lagging the market.
The long and short term trends are both positive. This is looking good!
When compared to the yearly performance of all other stocks, LEDS outperforms 49% of them, which is more or less in line with the market.
LEDS is part of the Semiconductors & Semiconductor Equipment industry. There are 107 other stocks in this industry, LEDS did better than 49% of them.
In the last month LEDS has a been trading in the 1.40 - 1.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
LEDS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for LEDS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.37
2.60
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.50 to 1.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.44 from a trend line in the daily time frame.
- A support zone ranging from 1.38 to 1.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- A resistance zone ranging from 1.58 to 1.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.64 from a horizontal line in the weekly time frame.
- Resistance @1.67 from a trend line in the daily time frame.
- A resistance zone ranging from 1.74 to 1.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.80 from a trend line in the weekly time frame.
- Resistance @2.57 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.47
Mansfield-1.87
10 Day High1.79
10 Day Low1.47
20 Day High1.79
20 Day Low1.4
52 Week High3.47
52 Week Low1.01
Performance
1 Week-3.68%
2 Weeks1.95%
1 Month-1.87%
3 Month25.6%
6 Month20.77%
12 Month-19.07%
2 Year-45.49%
3 Year-56.75%
5 Year-47.32%
10 Year-84.76%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)53.27
LBB1.43
UBB1.66
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 |
|---|---|---|---|
| 1.61 | 1.49 | 0.12 (7.45%) | 13.42% |
| An entry @1.61. This is a Buy Stop order right above the resistance zone. | An exit @1.49. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.12 points, which is 7.45%. | When investing 13.42% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of LEDS. Please evaluate whether better entry and exit points can be found.
- 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.
SEMILEDS CORP/TW
NASDAQ:LEDS (4/29/2024, 7:11:04 PM)
1.57
-0.01 (-0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.94%
1 Week-3.68%
2 Weeks1.95%
1 Month-1.87%
3 Month25.6%
6 Month20.77%
12 Month-19.07%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.12
ATR(20)%7.66%
ATR Inc
Range Today0.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.79
10 Day Low1.47
20 Day High1.79
20 Day Low1.4
52 Week High3.47
52 Week Low1.01
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume10.20K
Volume Incr-54.5%
Vol(5)13.76K
Vol(50)34.13K