LEVI STRAUSS & CO- CLASS A (LEVI) Technical Analysis
NYSE:LEVI • US52736R1023
Current stock price
LEVI Technical Rating and Analysis
Taking everything into account, LEVI scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LEVI is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, LEVI did better than 80% of all other stocks. On top of that, LEVI also shows a nice and consistent pattern of rising prices.
- LEVI is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 70% of 45 stocks in the same industry.
- LEVI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- LEVI has an average volume of 2853990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- LEVI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LEVI is lagging the market.
LEVI Weekly and Daily overview Charts
LEVI Setup Rating and Analysis
Besides having an excellent technical rating, LEVI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 22.27, 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
LEVI Support and Resistance Analysis
18.30
We found 2 important support areas.
- A support zone ranging from 21.89 to 22.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.48 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.57 to 22.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @23.28 from a trend line in the daily time frame.
LEVI 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 | UP | POSITIVE | The long term trend for LEVI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LEVI is up. |
| ChartMill Relative Strength | 80.25 | POSITIVE | LEVI has a high relative strength, it outperformed 80.25% off all stocks 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) | 56.95 | NEUTRAL | The RSI value for LEVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests LEVI has a negative trend. |
| Stochastics (14,3) | 21.77 | NEUTRAL | The Stochastics value for LEVI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for LEVI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.67 | POSITIVE | The high ADX value value for LEVI suggests a strong trend. |
LEVI Chart- and CandleStick Pattern Analysis
LEVI Example Setup
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 |
|---|---|---|---|
| 22.89 | 21.88 | 1.01 (4.41%) | 22.66% |
| An entry @22.89. This is a Buy Stop order right above the resistance zone. | An exit @21.88. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.01 points, which is 4.41%. | For a 1.00% total portfolio risk, you can invest 22.66% of your capital in this trade. |
- 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.
LEVI Technicals: Chart, Performance Metrics, Trend & Indicators
22.28
0 (0%)
LEVI STRAUSS & CO- CLASS A / LEVI TA FAQ
Can you provide the ChartMill technical rating for LEVI STRAUSS & CO- CLASS A?
ChartMill assigns a technical rating of 10 / 10 to LEVI.
What is the trend direction for LEVI stock?
The current trend direction for LEVI STRAUSS & CO- CLASS A (LEVI) is Bullish.
What is the RSI signal for LEVI stock?
LEVI STRAUSS & CO- CLASS A (LEVI) has an RSI value of 56.9463. This indicates that the stock is currently neutral.
What is the short term momentum for LEVI stock?
The short term momentum for LEVI STRAUSS & CO- CLASS A (LEVI) is positive.
Can you provide the buy/sell signal for LEVI STRAUSS & CO- CLASS A?
The buy/sell signal for LEVI STRAUSS & CO- CLASS A (LEVI) is buy as both the short term and long term trends are positive.