LEVI STRAUSS & CO- CLASS A (LEVI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LEVI - US52736R1023 - Common Stock
Overall LEVI gets a technical rating of 5 out of 10. In the last year, LEVI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
LEVI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 21.45, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.05
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.01 to 21.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.24 from a horizontal line in the weekly time frame.
- A support zone ranging from 19.24 to 19.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @21.85 from a trend line in the daily time frame.
- Resistance @22.44 from a horizontal line in the daily time frame.
- Resistance @24.01 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 24.45 to 24.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for LEVI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LEVI is neutral. |
| ChartMill Relative Strength | 66.94 | NEUTRAL | LEVI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LEVI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LEVI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LEVI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.39 | NEUTRAL | The RSI value for LEVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests LEVI has a positive trend. |
| Stochastics (14,3) | 64.1 | NEUTRAL | The Stochastics value for LEVI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for LEVI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.31 | NEGATIVE | The low ADX value for LEVI suggests a weak or negative trend. |
21.75
-0.18 (-0.82%)
LEVI STRAUSS & CO- CLASS A / LEVI FAQ
Can you provide the ChartMill technical rating for LEVI STRAUSS & CO- CLASS A?
ChartMill assigns a technical rating of 5 / 10 to LEVI.
What is the trend direction for LEVI stock?
The current trend direction for LEVI STRAUSS & CO- CLASS A (LEVI) is Bullish.
Can you provide the RSI signal for LEVI STRAUSS & CO- CLASS A?
LEVI STRAUSS & CO- CLASS A (LEVI) has an RSI value of 54.3904. This indicates that the stock is currently neutral.
What are the support and resistance levels for LEVI STRAUSS & CO- CLASS A (LEVI) stock?
LEVI STRAUSS & CO- CLASS A (LEVI) has a support level at 21.45 and a resistance level at 21.85. Check the full technical report for our detailed analysis of LEVI support and resistance levels.