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 1 out of 10 in our technical rating. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- LEVI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- LEVI has an average volume of 2519950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, LEVI outperforms 53% of them, which is more or less in line with the market.
- LEVI is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 65% 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 trading in the upper part of its 52 week range, so LEVI is lagging the market slightly.
LEVI Weekly and Daily overview Charts
LEVI Setup Rating and Analysis
Although the technical rating is bad, LEVI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 17.91, a Stop Loss order could be placed below this zone.
More info and screens
LEVI Support and Resistance Analysis
17.73
When analyzing the support we notice one important area.
- A support zone ranging from 17.91 to 17.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 18.27 to 18.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.40 to 22.49. 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.
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 | DOWN | NEGATIVE | The long term trend for LEVI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LEVI is down. |
| ChartMill Relative Strength | 53.78 | NEUTRAL | LEVI is not amongst the best or worst performers 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 | 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) | 36.78 | NEUTRAL | The RSI value for LEVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests LEVI has a positive trend. |
| Stochastics (14,3) | 32.47 | NEUTRAL | The Stochastics value for LEVI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.08 | MEDIUM VOLATILITY | The ATR as a percentage value for LEVI suggests some volalility. |
| Average Directional Index/ADX (14) | 29.34 | POSITIVE | The high ADX value value for LEVI suggests a strong trend. |
LEVI Chart- and CandleStick Pattern Analysis
LEVI Technicals: Chart, Performance Metrics, Trend & Indicators
18.26
-0.04 (-0.22%)
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 1 / 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 36.7756. This indicates that the stock is currently neutral.
What is the buy/sell signal for LEVI STRAUSS & CO- CLASS A (LEVI) stock?
The buy/sell signal for LEVI STRAUSS & CO- CLASS A (LEVI) is sell as both the short term and long term trends are negative.
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 17.91 and a resistance level at 18.27. Check the full technical report for our detailed analysis of LEVI support and resistance levels.