We assign a technical rating of 0 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.
LI has a poor technical rating and the quality of the setup is also only medium 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.
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16.59
When analyzing the support we notice one important area.
- A support zone ranging from 16.76 to 17.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 19.04 to 19.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @28.05 from a trend 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 | 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 | 10.96 | NEGATIVE | LI has a low relative strength, it was outperformed by 89.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LI is below a declining 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) | 46.51 | NEUTRAL | The RSI value for LI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests LI has a positive trend. |
| Stochastics (14,3) | 44.68 | NEUTRAL | The Stochastics value for LI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for LI suggests some volalility. |
| Average Directional Index/ADX (14) | 37.12 | POSITIVE | The high ADX value value for LI suggests a strong trend. |
17.44
+0.66 (+3.93%)
LI AUTO INC - ADR / LI FAQ
Can you provide the ChartMill technical rating for LI AUTO INC - ADR?
ChartMill assigns a technical rating of 0 / 10 to LI.
What is the trend direction for LI stock?
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 46.5083. This indicates that the stock is currently neutral.
What is the MACD signal for LI AUTO INC - ADR (LI) stock?
The MACD indicator for LI AUTO INC - ADR (LI) has a value of 0.162752, indicating a bearish trend.
What is the buy/sell signal for LI AUTO INC - ADR (LI) stock?
The buy/sell signal for LI AUTO INC - ADR (LI) is sell as both the short term and long term trends are negative.