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LEVEL ONE BANCORP INC (LEVL) Stock Technical Analysis

NASDAQ:LEVL - Common Stock

39.93
-0.38 (-0.94%)
Last: 3/31/2022, 8:00:03 PM
39.93
0 (0%)
After Hours: 3/31/2022, 8:00:03 PM
Technical Rating and Analysis

5

Taking everything into account, LEVL scores 5 out of 10 in our technical rating. LEVL was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that LEVL is one of the better performing stocks in the market, outperforming 93% of all stocks.
LEVL is one of the better performing stocks in the Banks industry, it outperforms 98% of 393 stocks in the same industry.
LEVL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LEVL is lagging the market slightly.
In the last month LEVL has a been trading in a tight range between 39.73 and 41.94.
Weekly and Daily overview Charts
LEVEL ONE BANCORP INC / LEVL Weekly stock chart
LEVEL ONE BANCORP INC / LEVL Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is only medium, LEVL does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 39.92, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

31.87

42.62

We found 4 important support areas.

  • A support zone ranging from 39.58 to 39.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @34.43 from a trend line in the weekly time frame.
  • Support @32.98 from a trend line in the weekly time frame.
  • Support @32.19 from a trend line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 40.12 to 41.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 42.19 to 42.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for LEVL is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for LEVL is neutral.
ChartMill Relative Strength93.11POSITIVELEVL has a high relative strength, it outperformed 93.11% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of LEVL is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of LEVL is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of LEVL is above the rising SMA(200).
Relative Strength Index/RSI (14)43.07NEUTRALThe RSI value for LEVL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.11NEGATIVEThe MACD value suggests LEVL has a negative trend.
Stochastics (14,3)27.57NEUTRALThe Stochastics value for LEVL is a neutral value.
Average True Range in percent/ATR (20)1.92LOW VOLATILITYThe low ATR as a percentage value for LEVL suggests low volalility.
Chart- and CandleStick Pattern Analysis
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)
LEVEL ONE BANCORP INC / LEVL Daily stock chart

LEVEL ONE BANCORP INC

NASDAQ:LEVL (3/31/2022, 8:00:03 PM)

After market: 39.93 0 (0%)

39.93

-0.38 (-0.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.94%
1 Week-0.77%
2 Weeks-3.57%
1 Month-3.39%
3 Month1.24%
6 Month38.41%
12 Month51.19%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%1.92%
ATR Inc33.46%
Range Today0.62
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.11
Mansfield1.89
10 Day High41.58
10 Day Low39.8
20 Day High41.94
20 Day Low39.73
52 Week High42.63
52 Week Low24.05
CS1 End39.92
CR1 Start40.12
Volume & EV
DER(3)-0.02%
DER(5)-0.31%
Volume115.60K
Volume Incr22.94%
Vol(5)47.70K
Vol(50)41.10K