LEVI STRAUSS & CO- CLASS A (LEVI) Technical Analysis
NYSE:LEVI • US52736R1023
We assign a technical rating of 2 out of 10 to LEVI. LEVI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- LEVI has an average volume of 2309780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, LEVI turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
- LEVI is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 61% of 45 stocks in the same industry.
- 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.
- In the last month LEVI has a been trading in the 19.67 - 23.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of LEVI is bad and it also does not present a quality setup 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.
- Support @20.58 from a trend line in the weekly time frame.
- A support zone ranging from 19.76 to 19.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.24 to 19.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 21.33 to 21.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.44 to 22.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.01 from a horizontal line in the weekly 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 LEVI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LEVI is down. |
| ChartMill Relative Strength | 63.61 | NEUTRAL | LEVI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LEVI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LEVI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LEVI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.95 | NEUTRAL | The RSI value for LEVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests LEVI has a negative trend. |
| Stochastics (14,3) | 14.98 | OVERSOLD | The low Stochastics value suggests LEVI may be oversold. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for LEVI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.62 | NEGATIVE | The low ADX value for LEVI suggests a weak or negative trend. |
LEVI Technicals: Chart, Performance Metrics, Trend & Indicators
20.81
+0.04 (+0.19%)
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 2 / 10 to LEVI.
What is the trend direction for LEVI stock?
The current trend direction for LEVI STRAUSS & CO- CLASS A (LEVI) is Bearish.
Can you provide the RSI signal for LEVI STRAUSS & CO- CLASS A?
LEVI STRAUSS & CO- CLASS A (LEVI) has an RSI value of 42.9541. 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 20.58 and a resistance level at 21.33. Check the full technical report for our detailed analysis of LEVI support and resistance levels.