LICHEN INTERNATIONAL LTD (LICN) Technical Analysis
NASDAQ:LICN • KYG5479G1165
Current stock price
LICN Technical Rating and Analysis
Taking everything into account, LICN scores 7 out of 10 in our technical rating. In the past year, LICN was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
- Warning: LICN has an average volume of 22149 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- LICN is one of the better performing stocks in the Professional Services industry, it outperforms 95% of 87 stocks in the same industry.
- In the last month LICN has a been trading in the 2.66 - 6.03 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Looking at the yearly performance, LICN did better than 95% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- LICN 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 LICN is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
LICN Weekly and Daily overview Charts
LICN Setup Rating and Analysis
Although LICN has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
LICN Support and Resistance Analysis
2.82
2 important support areas can be observed.
- Support @2.95 from a horizontal line in the daily time frame.
- Support @2.85 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.04 to 6.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
LICN Technical Indicator Signal Analysis
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 LICN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LICN is up. |
| ChartMill Relative Strength | 95.64 | POSITIVE | LICN has a high relative strength, it outperformed 95.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LICN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LICN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LICN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 82.42 | OVERBOUGHT | The high RSI value suggests LICN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests LICN has a positive trend. |
| Stochastics (14,3) | 91.98 | OVERBOUGHT | The high Stochastics value suggests LICN may be overbought. |
| Average True Range in percent/ATR (20) | 8.02 | HIGH VOLATILITY | The high ATR as a percentage value for LICN suggests high volalility. |
| Average Directional Index/ADX (14) | 36.37 | POSITIVE | The high ADX value value for LICN suggests a strong trend. |
LICN Chart- and CandleStick Pattern Analysis
LICN Technicals: Chart, Performance Metrics, Trend & Indicators
5.83
-0.2 (-3.32%)
LICHEN INTERNATIONAL LTD / LICN TA FAQ
Can you provide the ChartMill technical rating for LICHEN INTERNATIONAL LTD?
ChartMill assigns a technical rating of 7 / 10 to LICN.
Can you provide the trend direction for LICHEN INTERNATIONAL LTD?
The current trend direction for LICHEN INTERNATIONAL LTD (LICN) is Bearish.
What is the RSI signal for LICN stock?
LICHEN INTERNATIONAL LTD (LICN) has an RSI value of 82.4216. This indicates that the stock is currently overbought.
What is the short term momentum for LICHEN INTERNATIONAL LTD (LICN) stock?
The short term momentum for LICHEN INTERNATIONAL LTD (LICN) is positive.
What is the buy/sell signal for LICN stock?
The buy/sell signal for LICHEN INTERNATIONAL LTD (LICN) is hold as the short term and long term trends are mixed.