Lund Enterprises Corp (LEN.CA) Stock Technical Analysis
TSX-V:LEN - TSX Venture Exchange -
Overall LEN gets a technical rating of 2 out of 10. 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.
In the last month LEN has a been trading in the 0.13 - 0.24 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.
Warning: LEN has an average volume of 8756 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, LEN did better than 90% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
LEN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LEN is lagging the market.
Considerably lower volume is observed in the last couple of days.
LEN has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
0.10
0.24
We found 3 important support areas.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.10 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.23 from a trend line in the weekly time frame.
- Resistance @0.24 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 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. |
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)
TSX-V:LEN (11/6/2018, 12:51:26 PM)
0.13
-0.01 (-3.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.7%
1 Week-13.33%
2 Weeks-18.75%
1 Month0%
3 Month-3.7%
6 Month18.18%
12 Month62.5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%28.85%
ATR Inc-76.27%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.88
Mansfield-1.44
10 Day High0.22
10 Day Low0.13
20 Day High0.25
20 Day Low0.13
52 Week High0.25
52 Week Low0.08
CS1 End0.12
CR1 Start0.23
Volume & EV
DER(3)0%
DER(5)0%
Volume6.00K
Volume Incr-63.3%
Vol(5)4.47K
Vol(50)8.76K