LIFEMD INC (LFMD) Stock Technical Analysis
USA - NASDAQ:LFMD - US53216B1044 - Common Stock
6.92 USD
+0.17 (+2.52%)
6.91 USD
-0.01 (-0.14%)
Taking everything into account, LFMD scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. LFMD was also a bad performer in the overall market in the last year.
67% of all other stocks performed better in the past year than LFMD.
LFMD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month LFMD has a been trading in the 5.65 - 6.99 range, which is quite wide. It is currently trading near the high of this range.
LFMD has an average volume of 1787790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
LFMD is part of the Health Care Technology industry. There are 35 other stocks in this industry, LFMD did better than 52% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of LFMD is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.22
8.77
4 important support areas can be observed.
- A support zone ranging from 6.45 to 6.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.21 to 6.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.93 to 5.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.27 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 6.93 to 6.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.68 from a trend line in the daily 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 LFMD is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LFMD is up. |
| ChartMill Relative Strength | 33.08 | NEUTRAL | LFMD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LFMD is above the rising 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) | 56.52 | NEUTRAL | The RSI value for LFMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests LFMD has a positive trend. |
| Stochastics (14,3) | 87.16 | OVERBOUGHT | The high Stochastics value suggests LFMD may be overbought. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for LFMD suggests some volalility. |
| Average Directional Index/ADX (14) | 22.21 | NEUTRAL | The ADX value for LFMD 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)
6.92
+0.17 (+2.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg2.52%
1 Week11.25%
2 Weeks7.62%
1 Month10.19%
3 Month-44.64%
6 Month34.11%
12 Month43.27%
2 Year10.54%
3 Year215.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%4.11%
ATR Inc6.02%
Range Today0.21
ADR(20)0.28
ADR(20)%3.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.08
Mansfield-1.35
10 Day High6.99
10 Day Low6.09
20 Day High6.99
20 Day Low5.65
52 Week High15.84
52 Week Low3.99
CS1 End6.52
CR1 Start6.93
Volume & EV
DER(3)4.14%
DER(5)3.78%
Volume931.09K
Volume Incr23.47%
Vol(5)1.34M
Vol(50)1.79M