LI AUTO INC - ADR (LI) Stock Technical Analysis
NASDAQ:LI - Nasdaq - US50202M1027 - ADR - Currency: USD
Taking everything into account, LI scores 6 out of 10 in our technical rating. LI was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
When comparing the yearly performance of all stocks, we notice that LI is one of the better performing stocks in the market, outperforming 81% of all stocks.
LI is one of the better performing stocks in the Automobiles industry, it outperforms 80% of 37 stocks in the same industry.
LI has an average volume of 4173030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
LI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LI is lagging the market.
In the last month LI has a been trading in the 25.65 - 29.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
LI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
23.59
31.04
We found 4 important support areas.
- A support zone ranging from 26.92 to 27.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.47 from a trend line in the daily time frame.
- A support zone ranging from 25.94 to 26.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.83 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @28.46 from a trend line in the weekly time frame.
- A resistance zone ranging from 29.29 to 30.15. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for LI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LI is neutral. |
| ChartMill Relative Strength | 81.87 | POSITIVE | LI has a high relative strength, it outperformed 81.87% 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) | UP | MIXED | The current price of LI is below 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) | 51.92 | NEUTRAL | The RSI value for LI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests LI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.18 | NEUTRAL | The Stochastics value for LI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for LI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.44 | 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)
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 |
|---|---|---|---|
| 28.47 | 26.91 | 1.56 (5.48%) | 18.25% |
| An entry @28.47. This is a Buy Stop order right above the resistance zone. | An exit @26.91. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.56 points, which is 5.48%. | For a 1.00% total portfolio risk, you can invest 18.25% of your capital in this trade. |
- 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.
27.66
+0.46 (+1.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg1.69%
1 Week6.61%
2 Weeks-1.25%
1 Month-5.92%
3 Month19.07%
6 Month24.37%
12 Month29.98%
2 Year-35.37%
3 Year-15.77%
5 Year72.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.87
ATR(20)%3.21%
ATR Inc-2.43%
Range Today0.88
ADR(20)0.6
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.87
Mansfield0.46
10 Day High28.43
10 Day Low25.65
20 Day High29.24
20 Day Low25.65
52 Week High33.12
52 Week Low17.44
CS1 End27.31
CR1 Start28.46
Volume & EV
DER(3)-0.04%
DER(5)0.18%
Volume11.00M
Volume Incr38.89%
Vol(5)5.69M
Vol(50)4.17M