LARGO INC (LGO) Stock Technical Analysis
NASDAQ:LGO - CA5170971017 - Common Stock
1.49 USD
0 (0%)
1.54 USD
+0.05 (+3.36%)
Taking everything into account, LGO scores 4 out of 10 in our technical rating. In the past year, LGO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, LGO is a bad performer in the overall market: 73% of all stocks are doing better.
LGO is part of the Metals & Mining industry. There are 155 other stocks in this industry, of which 79% are performing better than LGO.
LGO 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month LGO has a been trading in the 1.27 - 1.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
LGO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.50. Right above this resistance zone may be a good entry point.
More info and screens
1.17
2.45
We found 4 important support areas.
- A support zone ranging from 1.42 to 1.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.35 from a trend line in the daily time frame.
- A support zone ranging from 1.27 to 1.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.18 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.50 to 1.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.57 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.65 to 1.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.43 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for LGO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LGO is neutral. |
| ChartMill Relative Strength | 27.48 | NEGATIVE | LGO has a low relative strength, it was outperformed by 72.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LGO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LGO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LGO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.8 | NEUTRAL | The RSI value for LGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LGO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.97 | NEUTRAL | The Stochastics value for LGO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.54 | HIGH VOLATILITY | The high ATR as a percentage value for LGO suggests high volalility. |
| Average Directional Index/ADX (14) | 15.71 | NEGATIVE | The low ADX value for LGO suggests a weak or negative trend. |
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)
1.49
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-4.49%
2 Weeks5.67%
1 Month12.88%
3 Month9.56%
6 Month-15.1%
12 Month-11.31%
2 Year-47.35%
3 Year-71.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%5.54%
ATR Inc23.16%
Range Today0.1
ADR(20)0.08
ADR(20)%5.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.48
Mansfield-1.96
10 Day High1.56
10 Day Low1.38
20 Day High1.56
20 Day Low1.27
52 Week High2.84
52 Week Low1.12
CS1 End1.45
CR1 Start1.5
Volume & EV
DER(3)-0.64%
DER(5)-4.18%
Volume178.30K
Volume Incr-28.75%
Vol(5)100.44K
Vol(50)166.16K