LIFEMD INC (LFMD) Stock Technical Analysis
USA - NASDAQ:LFMD - US53216B1044 - Common Stock
Overall LFMD gets a technical rating of 1 out of 10. LFMD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
LFMD 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. There is a support zone below the current price at 6.25, a Stop Loss order could be placed below this zone.
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5.28
When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.16 to 6.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.05 from a trend line in the weekly time frame.
- A support zone ranging from 5.79 to 5.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.33 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.89 to 7.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 LFMD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LFMD is down. |
| ChartMill Relative Strength | 48.51 | NEUTRAL | LFMD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LFMD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LFMD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LFMD is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.45 | NEUTRAL | The RSI value for LFMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LFMD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.78 | NEUTRAL | The Stochastics value for LFMD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for LFMD suggests some volalility. |
| Average Directional Index/ADX (14) | 13.67 | NEGATIVE | The low ADX value for LFMD suggests a weak or negative trend. |
6.3
+0.07 (+1.12%)
LIFEMD INC / LFMD FAQ
What is the ChartMill technical rating of LIFEMD INC (LFMD) stock?
ChartMill assigns a technical rating of 1 / 10 to LFMD.
What is the current trend direction of LIFEMD INC (LFMD) stock?
The current trend direction for LIFEMD INC (LFMD) is Bearish.
What is the RSI signal for LFMD stock?
LIFEMD INC (LFMD) has an RSI value of 46.4517. This indicates that the stock is currently neutral.
What is the short term momentum for LIFEMD INC (LFMD) stock?
The short term momentum for LIFEMD INC (LFMD) is negative.
What is the buy/sell signal for LFMD stock?
The buy/sell signal for LIFEMD INC (LFMD) is sell as both the short term and long term trends are negative.