LICHEN INTERNATIONAL LTD (LICN) Stock Technical Analysis
USA - NASDAQ:LICN - KYG5479G1165 - Common Stock
4.92 USD
+0.2 (+4.24%)
4.79 USD
-0.13 (-2.64%)
Taking everything into account, LICN scores 5 out of 10 in our technical rating. In the past year, LICN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
97% of all other stocks performed better in the past year than LICN.
LICN is part of the Professional Services industry. There are 81 other stocks in this industry, of which 80% are performing better than LICN.
LICN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month LICN has a been trading in the 4.16 - 5.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, LICN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 4.82, a Stop Loss order could be placed below this zone.
More info and screens
3.81
5.68
When analyzing the support we can see 5 important areas.
- A support zone ranging from 4.74 to 4.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.53 to 4.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.39 to 4.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.08 from a trend line in the weekly time frame.
- Support @3.85 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.02 to 5.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.62 from a horizontal 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 LICN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LICN is up. |
| ChartMill Relative Strength | 3.89 | NEGATIVE | LICN has a low relative strength, it was outperformed by 96.11% 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) | DOWN | NEGATIVE | The current price of LICN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.74 | NEUTRAL | The RSI value for LICN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LICN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.42 | NEUTRAL | The Stochastics value for LICN is a neutral value. |
| Average True Range in percent/ATR (20) | 9.69 | HIGH VOLATILITY | The high ATR as a percentage value for LICN suggests high volalility. |
| Average Directional Index/ADX (14) | 35.41 | POSITIVE | The high ADX value value for LICN 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)
4.92
+0.2 (+4.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg4.24%
1 Week5.58%
2 Weeks-3.53%
1 Month6.25%
3 Month15.76%
6 Month23%
12 Month-98.6%
2 Year-98.04%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%9.69%
ATR Inc-38.05%
Range Today0.35
ADR(20)0.45
ADR(20)%9.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.89
Mansfield-9.44
10 Day High5.6
10 Day Low4.16
20 Day High5.76
20 Day Low4.16
52 Week High462
52 Week Low2.6
CS1 End4.82
CR1 Start5.02
Volume & EV
DER(3)-11.44%
DER(5)-3.26%
Volume14.30K
Volume Incr-56.12%
Vol(5)39.32K
Vol(50)110.30K