LEVI STRAUSS & CO- CLASS A (LEVI) Stock Technical Analysis
NYSE:LEVI - New York Stock Exchange, Inc. - US52736R1023 - Common Stock - Currency: USD
Taking everything into account, LEVI scores 2 out of 10 in our technical rating. LEVI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
80% of all other stocks performed better in the past year than LEVI.
In the last month LEVI has a been trading in the 16.50 - 18.53 range, which is quite wide. It is currently trading near the lows of this range.
LEVI has an average volume of 2760560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
LEVI is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 48% of 48 stocks in the same industry.
LEVI 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 LEVI is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
LEVI 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
13.88
19.51
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.71 to 16.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.02 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 17.20 to 17.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.12 from a trend line in the daily time frame.
- A resistance zone ranging from 18.91 to 19.32. 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 | NEUTRAL | NEUTRAL | The long term trend for LEVI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LEVI is neutral. |
| ChartMill Relative Strength | 20.86 | NEGATIVE | LEVI has a low relative strength, it was outperformed by 79.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LEVI is below a declining 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) | DOWN | NEGATIVE | The current price of LEVI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.89 | 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) | 20.47 | NEUTRAL | The Stochastics value for LEVI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for LEVI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.79 | NEUTRAL | The ADX value for LEVI suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
16.72
-0.38 (-2.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-2.22%
1 Week-4.18%
2 Weeks-3.63%
1 Month-4.51%
3 Month3.79%
6 Month-3.35%
12 Month-26.83%
2 Year15.87%
3 Year2.45%
5 Year24.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%2.99%
ATR Inc-7.55%
Range Today0.54
ADR(20)0.47
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.86
Mansfield-0.99
10 Day High17.84
10 Day Low16.5
20 Day High18.53
20 Day Low16.5
52 Week High23.92
52 Week Low12.17
CS1 End16.71
CR1 Start17.2
Volume & EV
DER(3)0.96%
DER(5)3.17%
Volume2.36M
Volume Incr-20.36%
Vol(5)1.66M
Vol(50)2.76M