LI-CYCLE HOLDINGS CORP (LICY) Stock Technical Analysis
NYSE:LICY - New York Stock Exchange, Inc. - CA50202P2044 - Common Stock - Currency: USD
Overall LICY gets a technical rating of 0 out of 10. LICY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, LICY is a bad performer in the overall market: 98% of all stocks are doing better.
LICY is one of the lesser performing stocks in the Commercial Services & Supplies industry. 89% of 84 stocks in the same industry do better.
LICY 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.
In the last month LICY has a been trading in the 0.77 - 1.09 range, which is quite wide. It is currently trading near the lows of this range.
LICY has an average volume of 1767110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
LICY has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.83
1.08
We can see 4 important resistance areas.
- A resistance zone ranging from 0.91 to 0.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.98 from a trend line in the weekly time frame.
- Resistance @1.05 from a trend line in the weekly time frame.
- Resistance @1.07 from a trend 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 LICY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LICY is down. |
| ChartMill Relative Strength | 2.22 | NEGATIVE | LICY has a low relative strength, it was outperformed by 97.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LICY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LICY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LICY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.12 | NEUTRAL | The RSI value for LICY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests LICY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.78 | NEUTRAL | The Stochastics value for LICY is a neutral value. |
| Average True Range in percent/ATR (20) | 9.1 | HIGH VOLATILITY | The high ATR as a percentage value for LICY suggests high volalility. |
| Average Directional Index/ADX (14) | 25.32 | POSITIVE | The high ADX value value for LICY 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)
0.8433
-0.04 (-4.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-4.06%
1 Week-15.14%
2 Weeks3.64%
1 Month-18.91%
3 Month-60.03%
6 Month-38.89%
12 Month-75.19%
2 Year-98.26%
3 Year-98.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%9.1%
ATR Inc-6.27%
Range Today0.07
ADR(20)0.08
ADR(20)%8.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.22
Mansfield-7.67
10 Day High1.05
10 Day Low0.77
20 Day High1.09
20 Day Low0.77
52 Week High15.36
52 Week Low0.77
CS1 EndN/A
CR1 Start0.91
Volume & EV
DER(3)-20.15%
DER(5)-19.6%
Volume571.50K
Volume Incr-55.56%
Vol(5)648.26K
Vol(50)1.77M