CHINA LIFE INSURANCE CO-ADR (LFC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LFC - US16939P1066 - ADR
We assign a technical rating of 0 out of 10 to LFC. 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.
LFC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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.
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6.85
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.
We can see 4 important resistance 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.
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 LFC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LFC is down. |
| ChartMill Relative Strength | 35.88 | NEUTRAL | LFC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LFC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LFC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LFC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.46 | NEUTRAL | The RSI value for LFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LFC has a positive trend. |
| Stochastics (14,3) | 18.23 | OVERSOLD | The low Stochastics value suggests LFC may be oversold. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for LFC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.12 | NEUTRAL | The ADX value for LFC suggests a possible start of a new trend. |
7.05
-0.06 (-0.84%)
CHINA LIFE INSURANCE CO-ADR / LFC FAQ
What is the technical rating for LFC stock?
ChartMill assigns a technical rating of 0 / 10 to LFC.
Can you provide the trend direction for CHINA LIFE INSURANCE CO-ADR?
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 buy/sell signal for LFC stock?
The buy/sell signal for CHINA LIFE INSURANCE CO-ADR (LFC) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for CHINA LIFE INSURANCE CO-ADR?
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.