We assign a technical rating of 0 out of 10 to LGO. LGO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, LGO 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.
1.02
2 important resistance areas can be observed.
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 LGO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LGO is down. |
| ChartMill Relative Strength | 6.58 | NEGATIVE | LGO has a low relative strength, it was outperformed by 93.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LGO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LGO is below a declining 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) | 46.39 | NEUTRAL | The RSI value for LGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests LGO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.49 | NEUTRAL | The Stochastics value for LGO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.04 | HIGH VOLATILITY | The high ATR as a percentage value for LGO suggests high volalility. |
| Average Directional Index/ADX (14) | 20.94 | NEUTRAL | The ADX value for LGO suggests a possible start of a new trend. |
1.03
-0.01 (-0.96%)
ChartMill assigns a technical rating of 0 / 10 to LGO.
The current trend direction for LARGO INC (LGO) is Bearish.
LARGO INC (LGO) has an RSI value of 46.3939. This indicates that the stock is currently neutral.
The short term momentum for LARGO INC (LGO) is negative.
LARGO INC (LGO) has a resistance level at 1.11. Check the full technical report for our detailed analysis of LGO support and resistance levels.