TSX-V:LEN - TSX Venture Exchange -
Taking everything into account, LEN scores 2 out of 10 in our technical rating. Although LEN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
LEN has a poor technical rating and the quality of the setup is also not perfect 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.
0.10
3 important support areas can be observed.
2 important resistance areas can be observed.
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 LEN.CA is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LEN.CA is down. |
ChartMill Relative Strength | 90.88 | POSITIVE | LEN.CA has a high relative strength, it outperformed 90.88% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LEN.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LEN.CA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LEN.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 45.63 | NEUTRAL | The RSI value for LEN.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LEN.CA has a negative trend. |
Stochastics (14,3) | 5.8 | OVERSOLD | The low Stochastics value suggests LEN.CA may be oversold. |
Average True Range in percent/ATR (20) | 28.85 | HIGH VOLATILITY | The high ATR as a percentage value for LEN.CA suggests high volalility. |
TSX-V:LEN (11/6/2018, 12:51:26 PM)
0.13
-0.01 (-3.7%)