LI AUTO INC - ADR (LI) Stock Technical Analysis
NASDAQ:LI - Nasdaq - US50202M1027 - ADR - Currency: USD
Taking everything into account, LI scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, LI has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, LI did better than 84% of all other stocks.
LI is one of the better performing stocks in the Automobiles industry, it outperforms 83% of 37 stocks in the same industry.
LI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
LI has an average volume of 4631710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LI is lagging the market slightly.
LI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 27.81, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
20.07
31.04
3 important support areas can be observed.
- A support zone ranging from 27.81 to 27.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.56 from a trend line in the weekly time frame.
- Support @20.27 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 28.41 to 29.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @29.73 from a horizontal line in the daily time frame.
- Resistance @30.73 from a horizontal 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 | UP | POSITIVE | The long term trend for LI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LI is up. |
| ChartMill Relative Strength | 84.84 | POSITIVE | LI has a high relative strength, it outperformed 84.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.29 | NEUTRAL | The RSI value for LI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests LI has a negative trend. |
| Stochastics (14,3) | 34.19 | NEUTRAL | The Stochastics value for LI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for LI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.56 | POSITIVE | The high ADX value value for LI suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.42 | 27.80 | 0.62 (2.17%) | 25.00% |
| An entry @28.42. This is a Buy Stop order right above the 10 day moving average. | An exit @27.80. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.62 points, which is 2.17%. | For a 0.54% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
27.82
-0.52 (-1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-1.83%
1 Week-3.77%
2 Weeks-3.47%
1 Month11.1%
3 Month-4.14%
6 Month24.64%
12 Month38.55%
2 Year-20.74%
3 Year-27.38%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%2.88%
ATR Inc-29.06%
Range Today0.38
ADR(20)0.56
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.84
Mansfield1.32
10 Day High29.73
10 Day Low27.65
20 Day High29.73
20 Day Low24.88
52 Week High33.12
52 Week Low17.44
CS1 End27.81
CR1 Start28.41
Volume & EV
DER(3)0.26%
DER(5)-0.82%
Volume3.23M
Volume Incr28.23%
Vol(5)4.49M
Vol(50)4.63M