LINKAGE GLOBAL INC (LGCB) Stock Technical Analysis
NASDAQ:LGCB • KYG5500B1288
We assign a technical rating of 2 out of 10 to LGCB. Recently some decent action could be observed, but in the medium term time frame this is still negative. LGCB was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, LGCB is a bad performer in the overall market: 87% of all stocks are doing better.
- LGCB is part of the Broadline Retail industry. There are 30 other stocks in this industry, of which 86% are performing better than LGCB.
- LGCB 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 LGCB has a been trading in the 1.25 - 1.84 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Considerably lower volume is observed in the last couple of days.
LGCB has a poor technical rating and the quality of the setup is also not perfect 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
1.62
2 important resistance areas can be observed.
- A resistance zone ranging from 1.78 to 1.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.83 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 LGCB is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LGCB is up. |
| ChartMill Relative Strength | 13.15 | NEGATIVE | LGCB has a low relative strength, it was outperformed by 86.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LGCB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LGCB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LGCB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.11 | NEUTRAL | The RSI value for LGCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests LGCB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.27 | NEUTRAL | The Stochastics value for LGCB is a neutral value. |
| Average True Range in percent/ATR (20) | 7.91 | HIGH VOLATILITY | The high ATR as a percentage value for LGCB suggests high volalility. |
| Average Directional Index/ADX (14) | 18.49 | NEGATIVE | The low ADX value for LGCB suggests a weak or negative trend. |
1.64
-0.13 (-7.34%)
LINKAGE GLOBAL INC / LGCB FAQ
Can you provide the ChartMill technical rating for LINKAGE GLOBAL INC?
ChartMill assigns a technical rating of 2 / 10 to LGCB.
What is the trend direction for LGCB stock?
The current trend direction for LINKAGE GLOBAL INC (LGCB) is Bearish.
Can you provide the RSI signal for LINKAGE GLOBAL INC?
LINKAGE GLOBAL INC (LGCB) has an RSI value of 51.1139. This indicates that the stock is currently neutral.
What is the MACD signal for LINKAGE GLOBAL INC (LGCB) stock?
The MACD indicator for LINKAGE GLOBAL INC (LGCB) has a value of 0.0276613, indicating a bearish trend.
Can you provide the short term momentum for LINKAGE GLOBAL INC?
The short term momentum for LINKAGE GLOBAL INC (LGCB) is positive.