CHINA LIFE INSURANCE CO-ADR (LFC) Technical Analysis

NYSE:LFC • US16939P1066

Current stock price

7.05 USD
-0.06 (-0.84%)
At close:
6.92 USD
-0.13 (-1.84%)
After Hours:

LFC Technical Rating and Analysis

0

Taking everything into account, LFC scores 0 out of 10 in our technical rating. LFC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

  • The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
  • 65% of all other stocks performed better in the past year than LFC.
  • LFC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so LFC is lagging the market.
  • In the last month LFC has a been trading in the 6.95 - 7.56 range, which is quite wide. It is currently trading near the lows of this range.
  • LFC is part of the Insurance industry. There are 148 other stocks in this industry. LFC outperforms 71% of them.

LFC Weekly and Daily overview Charts

CHINA LIFE INSURANCE CO-ADR / LFC Weekly stock chart
CHINA LIFE INSURANCE CO-ADR / LFC Daily stock chart

LFC Setup Rating and Analysis

7

Although the technical rating is bad, LFC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for LFC in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

LFC Support and Resistance Analysis

6.85

8.65

We found 2 important support areas.

  • Support @7.04 from a horizontal line in the weekly time frame.
  • Support @6.92 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 7.08 to 7.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 7.45 to 7.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 8.28 to 8.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @8.56 from a trend line in the weekly time frame.

LFC 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 IndicatorDOWNNEGATIVEThe long term trend for LFC is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for LFC is down.
ChartMill Relative Strength35.88NEUTRALLFC is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of LFC is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of LFC is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of LFC is below a declining SMA(200).
Relative Strength Index/RSI (14)41.46NEUTRALThe RSI value for LFC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests LFC has a positive trend.
Stochastics (14,3)18.23OVERSOLDThe low Stochastics value suggests LFC may be oversold.
Average True Range in percent/ATR (20)2.14MEDIUM VOLATILITYThe ATR as a percentage value for LFC suggests some volalility.
Average Directional Index/ADX (14)21.12NEUTRALThe ADX value for LFC suggests a possible start of a new trend.

LFC 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)

LFC Technicals: Chart, Performance Metrics, Trend & Indicators

CHINA LIFE INSURANCE CO-ADR / LFC Daily stock chart

CHINA LIFE INSURANCE CO-ADR

NYSE:LFC (9/1/2022, 8:19:19 PM)

After market: 6.92 -0.13 (-1.84%)

7.05

-0.06 (-0.84%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.84%
1 Week-3.29%
2 Weeks-0.56%
1 Month-3.16%
3 Month-7.24%
6 Month-12.53%
12 Month-18.97%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%2.14%
ATR Inc-28.13%
Range Today0.07
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
CRS35.88
3 months CRSN/A
6 months CRSN/A
Mansfield-0.52
10 Day High7.44
10 Day Low6.95
20 Day High7.56
20 Day Low6.95
52 Week High9.69
52 Week Low6.93
CS1 End7.04
CR1 Start7.08
Volume & EV
DER(3)3.55%
DER(5)-0.76%
Volume1.19M
Volume Incr-32.61%
Vol(5)799.62K
Vol(50)889.37K

CHINA LIFE INSURANCE CO-ADR / LFC TA FAQ

What is the technical rating for LFC stock?

ChartMill assigns a technical rating of 0 / 10 to LFC.


What is the trend direction for LFC stock?

The current trend direction for CHINA LIFE INSURANCE CO-ADR (LFC) is Bearish.


What is the RSI signal for LFC stock?

CHINA LIFE INSURANCE CO-ADR (LFC) has an RSI value of 41.4562. This indicates that the stock is currently neutral.


What is the short term momentum for LFC stock?

The short term momentum for CHINA LIFE INSURANCE CO-ADR (LFC) is negative.


What are the support and resistance levels for CHINA LIFE INSURANCE CO-ADR (LFC) stock?

CHINA LIFE INSURANCE CO-ADR (LFC) has a support level at 7.04 and a resistance level at 7.08. Check the full technical report for our detailed analysis of LFC support and resistance levels.