LI AUTO INC - ADR (LI) Stock Technical Analysis
USA - NASDAQ:LI - US50202M1027 - ADR
22.8 USD
-0.81 (-3.43%)
22.41 USD
-0.39 (-1.71%)
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, LI is a bad performer in the overall market: 85% of all stocks are doing better.
LI 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.
In the last month LI has a been trading in the 22.51 - 27.10 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.
LI has an average volume of 5610740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LI is part of the Automobiles industry. There are 37 other stocks in this industry, LI did better than 47% of them.
The technical rating of LI is bad and it also does not present a quality setup 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
22.56
31.44
When analyzing the support we notice one important area.
- Support @22.79 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 24.57 to 25.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.75 to 25.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @29.84 from a trend line in the weekly time frame.
- Resistance @31.13 from a trend line in the daily 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 | 15.47 | NEGATIVE | LI has a low relative strength, it was outperformed by 84.53% 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) | 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) | 36.22 | NEUTRAL | The RSI value for LI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests LI has a negative trend. |
| Stochastics (14,3) | 9.25 | OVERSOLD | The low Stochastics value suggests LI may be oversold. |
| Average True Range in percent/ATR (20) | 4.3 | MEDIUM VOLATILITY | The ATR as a percentage value for LI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.02 | NEGATIVE | The low ADX value for LI 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)
22.8
-0.81 (-3.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-3.43%
1 Week-8.06%
2 Weeks-6.4%
1 Month-6.86%
3 Month-17.57%
6 Month-1.85%
12 Month-15.71%
2 Year-32.56%
3 Year67.4%
5 Year13.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.02
ATR(20)%4.3%
ATR Inc34.45%
Range Today1.3
ADR(20)0.81
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.47
Mansfield-1.79
10 Day High26.5
10 Day Low22.51
20 Day High27.1
20 Day Low22.51
52 Week High33.12
52 Week Low19.1
CS1 End22.79
CR1 Start24.57
Volume & EV
DER(3)-2.13%
DER(5)-2.11%
Volume7.44M
Volume Incr-13.47%
Vol(5)4.78M
Vol(50)5.61M