Lund Enterprises Corp (LEN.CA) Technical Analysis
TSX-V:LEN
Current stock price
LEN.CA Technical Rating and Analysis
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!
- When comparing the yearly performance of all stocks, we notice that LEN is one of the better performing stocks in the market, outperforming 90% of all 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 trading in the upper part of its 52 week range, so LEN is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
LEN.CA Weekly and Daily overview Charts
LEN.CA Setup Rating and Analysis
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
LEN.CA Support and Resistance Analysis
0.10
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.
LEN.CA Technical Indicator Signal Analysis
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. |
LEN.CA Chart- and CandleStick Pattern Analysis
LEN.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:LEN (11/6/2018, 12:51:26 PM)
0.13
-0.01 (-3.7%)
Lund Enterprises Corp / LEN.CA TA FAQ
What is the ChartMill technical rating of Lund Enterprises Corp (LEN.CA) stock?
ChartMill assigns a technical rating of 1 / 10 to LEN.CA.
What is the trend direction for LEN stock?
The current trend direction for Lund Enterprises Corp (LEN.CA) is Bearish.
What is the RSI signal for Lund Enterprises Corp (LEN.CA) stock?
Lund Enterprises Corp (LEN.CA) has an RSI value of 45.6271. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Lund Enterprises Corp?
The short term momentum for Lund Enterprises Corp (LEN.CA) is negative.