LGCL Technical Analysis - LUCAS GC LTD

Technical Rating and Analysis

Overall LGCL gets a technical rating of 0 out of 10. LGCL 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.

When comparing the yearly performance of all stocks, LGCL is a bad performer in the overall market: 100% of all stocks are doing better.

LGCL is part of the Professional Services industry. There are 82 other stocks in this industry, of which 85% are performing better than LGCL.

LGCL is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.

In the last month LGCL has a been trading in the 0.13 - 0.64 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.

LGCL has an average volume of 2552600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of LGCL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.13

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Technical Indicator Signal Analysis

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 LGCL is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for LGCL is down.
ChartMill Relative Strength	0.21	NEGATIVE	LGCL has a low relative strength, it was outperformed by 99.79% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of LGCL is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of LGCL is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of LGCL is below a declining SMA(200).
Relative Strength Index/RSI (14)	20.54	OVERSOLD	The low RSI value suggests LGCL may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.03	NEGATIVE	The MACD value suggests LGCL has a negative trend.
Stochastics (14,3)	2.02	OVERSOLD	The low Stochastics value suggests LGCL may be oversold.
Average True Range in percent/ATR (20)	50.89	HIGH VOLATILITY	The high ATR as a percentage value for LGCL suggests high volalility.
Average Directional Index/ADX (14)	27.28	POSITIVE	The high ADX value value for LGCL suggests a strong trend.