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 6 out of 10. Although LEVI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
LEVI has an average technical rating and also the quality of the setup is 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
19.05
3 important support areas can be observed.
- A support zone ranging from 21.06 to 21.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.24 to 20.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
2 important resistance areas can be observed.
- 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 | UP | POSITIVE | The short term trend for LEVI is up. |
| ChartMill Relative Strength | 77.94 | POSITIVE | LEVI has a high relative strength, it outperformed 77.94% 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) | DOWN | MIXED | The current price of LEVI is above a declining 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) | 59.59 | NEUTRAL | The RSI value for LEVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests LEVI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.62 | OVERBOUGHT | The high Stochastics value suggests LEVI may be overbought. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for LEVI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.82 | NEUTRAL | The ADX value for LEVI suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 22.75 | 21.05 | 1.70 (7.47%) | 13.38% |
| An entry @22.75. This is a Buy Stop order right above the 10 day high. | An exit @21.05. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.70 points, which is 7.47%. | For a 1.00% total portfolio risk, you can invest 13.38% 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.
22.27
+0.08 (+0.36%)
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 6 / 10 to LEVI.
What is the current trend direction of LEVI STRAUSS & CO- CLASS A (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 59.5886. This indicates that the stock is currently neutral.
What is the buy/sell signal for LEVI stock?
The buy/sell signal for LEVI STRAUSS & CO- CLASS A (LEVI) is buy as both the short term and long term trends are positive.
What is the support and resistance level for LEVI stock?
LEVI STRAUSS & CO- CLASS A (LEVI) has a support level at 21.83 and a resistance level at 24.01. Check the full technical report for our detailed analysis of LEVI support and resistance levels.