LOGICMARK INC (LGMK) Technical Analysis
NASDAQ:LGMK • US67091J6029
Current stock price
LGMK Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to LGMK. LGMK 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, LGMK is a bad performer in the overall market: 100% of all stocks are doing better.
- LGMK is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 91% of 187 stocks in the same industry do better.
- LGMK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month LGMK has a been trading in the 0.01 - 0.02 range, which is quite wide. It is currently trading near the lows of this range.
- LGMK has an average volume of 224308000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
LGMK Weekly and Daily overview Charts
LGMK Setup Rating and Analysis
Although the technical rating is bad, LGMK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
LGMK Support and Resistance Analysis
LGMK 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 LGMK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LGMK is down. |
| ChartMill Relative Strength | 0.08 | NEGATIVE | LGMK has a low relative strength, it was outperformed by 99.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LGMK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LGMK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LGMK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.65 | OVERSOLD | The low RSI value suggests LGMK may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LGMK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27.95 | NEUTRAL | The Stochastics value for LGMK is a neutral value. |
| Average True Range in percent/ATR (20) | 20.39 | HIGH VOLATILITY | The high ATR as a percentage value for LGMK suggests high volalility. |
| Average Directional Index/ADX (14) | 36.99 | POSITIVE | The high ADX value value for LGMK suggests a strong trend. |
LGMK Chart- and CandleStick Pattern Analysis
LGMK Technicals: Chart, Performance Metrics, Trend & Indicators
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LOGICMARK INC / LGMK TA FAQ
What is the technical rating for LGMK stock?
ChartMill assigns a technical rating of 0 / 10 to LGMK.
What is the current trend direction of LOGICMARK INC (LGMK) stock?
The current trend direction for LOGICMARK INC (LGMK) is Bearish.
Can you provide the RSI signal for LOGICMARK INC?
LOGICMARK INC (LGMK) has an RSI value of 27.6487. This indicates that the stock is currently oversold.
What is the MACD signal for LGMK stock?
The MACD indicator for LOGICMARK INC (LGMK) has a value of 0.00356639, indicating a bearish trend.