LEVEL ONE BANCORP INC (LEVL) Technical Analysis
NASDAQ:LEVL
Current stock price
LEVL Technical Rating and Analysis
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.
- Looking at the yearly performance, LEVL did better than 93% of all other stocks.
- LEVL is one of the better performing stocks in the Banks industry, it outperforms 99% of 381 stocks in the same industry.
- LEVL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so LEVL is performing more or less in line with the market.
- In the last month LEVL has a been trading in a tight range between 39.73 and 41.94.
LEVL Weekly and Daily overview Charts
LEVL Setup Rating and Analysis
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.
More info and screens
LEVL Support and Resistance Analysis
31.87
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.
When analyzing the resistance we notice 2 important 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.
LEVL 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 | UP | POSITIVE | The long term trend for LEVL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LEVL is neutral. |
| ChartMill Relative Strength | 93.11 | POSITIVE | LEVL has a high relative strength, it outperformed 93.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LEVL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LEVL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LEVL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.07 | NEUTRAL | The RSI value for LEVL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests LEVL has a negative trend. |
| Stochastics (14,3) | 27.57 | NEUTRAL | The Stochastics value for LEVL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for LEVL suggests low volalility. |
LEVL Chart- and CandleStick Pattern Analysis
LEVL Technicals: Chart, Performance Metrics, Trend & Indicators
39.93
-0.38 (-0.94%)
LEVEL ONE BANCORP INC / LEVL TA FAQ
What is the ChartMill technical rating of LEVEL ONE BANCORP INC (LEVL) stock?
ChartMill assigns a technical rating of 4 / 10 to LEVL.
What is the trend direction for LEVL stock?
The current trend direction for LEVEL ONE BANCORP INC (LEVL) is Bullish.
Can you provide the RSI signal for LEVEL ONE BANCORP INC?
LEVEL ONE BANCORP INC (LEVL) has an RSI value of 43.0657. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LEVEL ONE BANCORP INC?
The MACD indicator for LEVEL ONE BANCORP INC (LEVL) has a value of -0.109471, indicating a bearish trend.