NASDAQ:LI - US50202M1027 - ADR
We assign a technical rating of 1 out of 10 to LI. LI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, LI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
23.23
We found 2 important support areas.
When analyzing the resistance we notice 3 important areas.
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 | 48.84 | NEUTRAL | LI is not amongst the best or worst performers 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) | 39.16 | NEUTRAL | The RSI value for LI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LI has a positive trend. |
Stochastics (14,3) | 26.84 | NEUTRAL | The Stochastics value for LI is a neutral value. |
Average True Range in percent/ATR (20) | 3.9 | MEDIUM VOLATILITY | The ATR as a percentage value for LI suggests some volalility. |
Average Directional Index/ADX (14) | 28.06 | POSITIVE | The high ADX value value for LI suggests a strong trend. |
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-0.06 (-0.25%)