CHINA LIFE INSURANCE CO-ADR (LFC) Stock Technical Analysis
NYSE:LFC - New York Stock Exchange, Inc. - US16939P1066 - ADR - Currency: USD
Overall LFC gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
65% of all other stocks performed better in the past year than LFC.
LFC is one of the lesser performing stocks in the Insurance industry. 61% of 144 stocks in the same industry do better.
LFC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
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.
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.
More info and screens
6.85
8.65
2 important support areas can be observed.
- 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. |
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)
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
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