LIONS GATE ENTMNT CORP (LGF) Stock Technical Analysis
NYSE:LGF - New York Stock Exchange, Inc. - CA5359192039
We assign a technical rating of 9 out of 10 to LGF. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LGF is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
LGF is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month LGF has a been trading in the 22.41 - 33.00 range, which is quite wide. It is currently trading near the high of this range.
LGF has an average volume of 2789130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, LGF did better than 81% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although LGF has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
18.78
31.35
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.06 to 24.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @19.87 from a trend line in the daily time frame.
- Support @18.97 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 | UP | POSITIVE | The long term trend for LGF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LGF is up. |
| ChartMill Relative Strength | 81.85 | POSITIVE | LGF has a high relative strength, it outperformed 81.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LGF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LGF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LGF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 87.07 | OVERBOUGHT | The high RSI value suggests LGF may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.69 | POSITIVE | The MACD value suggests LGF has a positive trend. |
| Stochastics (14,3) | 87.22 | OVERBOUGHT | The high Stochastics value suggests LGF may be overbought. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for LGF suggests some volalility. |
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)
NYSE:LGF (11/30/2017, 8:04:02 PM)
31.04
+0.84 (+2.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.78%
1 Week33.56%
2 Weeks34.61%
1 Month34.43%
3 Month43.77%
6 Month45.45%
12 Month-4.08%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.24
ATR(20)%3.4%
ATR Inc467.85%
Range Today1.97
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
CRS81.85
Mansfield0.99
10 Day High33
10 Day Low22.41
20 Day High33
20 Day Low22.41
52 Week High33.15
52 Week Low16.21
CS1 End24.29
CR1 StartN/A
Volume & EV
DER(3)0.52%
DER(5)4.16%
Volume1.26M
Volume Incr14.18%
Vol(5)3.35M
Vol(50)2.79M