LONGEVERON INC-A (LGVN) Technical Analysis
NASDAQ:LGVN • US54303L2034
Current stock price
LGVN Technical Rating and Analysis
Taking everything into account, LGVN scores 6 out of 10 in our technical rating. LGVN has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month LGVN has a been trading in the 0.88 - 1.23 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- LGVN has an average volume of 6891430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, LGVN outperforms 52% of them, which is more or less in line with the market.
- LGVN is an average performer in the Biotechnology industry, it outperforms 51% of 516 stocks in the same industry.
- LGVN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LGVN is lagging the market.
- Considerably lower volume is observed in the last couple of days.
LGVN Weekly and Daily overview Charts
LGVN Setup Rating and Analysis
Although the technical rating is only medium, LGVN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.12. Right above this resistance zone may be a good entry point.
More info and screens
LGVN Support and Resistance Analysis
0.93
We found 1 important resistance area.
- A resistance zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
LGVN 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 | UP | POSITIVE | The long term trend for LGVN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LGVN is neutral. |
| ChartMill Relative Strength | 52 | NEUTRAL | LGVN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LGVN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LGVN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LGVN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.2 | NEUTRAL | The RSI value for LGVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LGVN has a negative trend. |
| Stochastics (14,3) | 12.81 | OVERSOLD | The low Stochastics value suggests LGVN may be oversold. |
| Average True Range in percent/ATR (20) | 9.92 | HIGH VOLATILITY | The high ATR as a percentage value for LGVN suggests high volalility. |
| Average Directional Index/ADX (14) | 43.36 | POSITIVE | The high ADX value value for LGVN suggests a strong trend. |
LGVN Chart- and CandleStick Pattern Analysis
LGVN Technicals: Chart, Performance Metrics, Trend & Indicators
0.94
-0.04 (-3.73%)
LONGEVERON INC-A / LGVN TA FAQ
What is the ChartMill technical rating of LONGEVERON INC-A (LGVN) stock?
ChartMill assigns a technical rating of 6 / 10 to LGVN.
What is the current trend direction of LONGEVERON INC-A (LGVN) stock?
The current trend direction for LONGEVERON INC-A (LGVN) is Bullish.
Can you provide the RSI signal for LONGEVERON INC-A?
LONGEVERON INC-A (LGVN) has an RSI value of 44.1986. This indicates that the stock is currently neutral.
What is the MACD signal for LGVN stock?
The MACD indicator for LONGEVERON INC-A (LGVN) has a value of -0.0336, indicating a bearish trend.
What is the short term momentum for LGVN stock?
The short term momentum for LONGEVERON INC-A (LGVN) is neutral.