NASDAQ:LGHL - Nasdaq - US53620U5083 - ADR - Currency: USD
We assign a technical rating of 0 out of 10 to LGHL. LGHL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, LGHL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for LGHL in the last couple of days, which is a good sign.
2.78
When analyzing the resistance we notice 2 important areas.
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 LGHL is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LGHL is down. |
ChartMill Relative Strength | 1.37 | NEGATIVE | LGHL has a low relative strength, it was outperformed by 98.63% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LGHL is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LGHL is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LGHL is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 46.2 | NEUTRAL | The RSI value for LGHL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LGHL has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 29.46 | NEUTRAL | The Stochastics value for LGHL is a neutral value. |
Average True Range in percent/ATR (20) | 10.88 | HIGH VOLATILITY | The high ATR as a percentage value for LGHL suggests high volalility. |
Average Directional Index/ADX (14) | 29.6 | POSITIVE | The high ADX value value for LGHL suggests a strong trend. |
2.81
+0.11 (+4.07%)