LI AUTO INC - ADR (LI) Technical Analysis
NASDAQ:LI • US50202M1027
We assign a technical rating of 1 out of 10 to LI. LI'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, LI is a bad performer in the overall market: 86% of all stocks are doing better.
- LI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so LI is lagging the market.
- In the last month LI has a been trading in the 16.62 - 19.32 range, which is quite wide. It is currently trading near the lows of this range.
- LI has an average volume of 3765670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- LI is an average performer in the Automobiles industry, it outperforms 50% of 35 stocks in the same industry.
LI has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
15.99
We found 1 important support area.
- A support zone ranging from 16.15 to 16.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 17.37 to 18.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.89 to 19.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 LI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LI is down. |
| ChartMill Relative Strength | 14.56 | NEGATIVE | LI has a low relative strength, it was outperformed by 85.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.08 | NEUTRAL | The RSI value for LI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests LI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.67 | NEUTRAL | The Stochastics value for LI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for LI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.28 | NEGATIVE | The low ADX value for LI suggests a weak or negative trend. |
LI Technicals: Chart, Performance Metrics, Trend & Indicators
17.16
+0.28 (+1.66%)
LI AUTO INC - ADR / LI FAQ
Can you provide the ChartMill technical rating for LI AUTO INC - ADR?
ChartMill assigns a technical rating of 1 / 10 to LI.
Can you provide the trend direction for LI AUTO INC - ADR?
The current trend direction for LI AUTO INC - ADR (LI) is Bearish.
What is the RSI signal for LI AUTO INC - ADR (LI) stock?
LI AUTO INC - ADR (LI) has an RSI value of 43.0787. This indicates that the stock is currently neutral.
What is the short term momentum for LI AUTO INC - ADR (LI) stock?
The short term momentum for LI AUTO INC - ADR (LI) is negative.
Can you provide the support and resistance levels for LI AUTO INC - ADR?
LI AUTO INC - ADR (LI) has a support level at 16.19 and a resistance level at 17.37. Check the full technical report for our detailed analysis of LI support and resistance levels.