LI-CYCLE HOLDINGS CORP (LICY) Technical Analysis
NYSE:LICY • CA50202P2044
Current stock price
LICY Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to LICY. LICY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 98% of all other stocks performed better in the past year than LICY.
- LICY is part of the Commercial Services & Supplies industry. There are 82 other stocks in this industry, of which 81% are performing better than LICY.
- LICY is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so LICY is lagging the market.
- 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 Weekly and Daily overview Charts
LICY Setup Rating and Analysis
LICY has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
LICY Support and Resistance Analysis
0.83
When analyzing the resistance we notice 4 important 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.
LICY 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 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. |
LICY Chart- and CandleStick Pattern Analysis
LICY Technicals: Chart, Performance Metrics, Trend & Indicators
0.8433
-0.04 (-4.06%)
LI-CYCLE HOLDINGS CORP / LICY TA FAQ
What is the technical rating for LICY stock?
ChartMill assigns a technical rating of 0 / 10 to LICY.
What is the current trend direction of LI-CYCLE HOLDINGS CORP (LICY) stock?
The current trend direction for LI-CYCLE HOLDINGS CORP (LICY) is Bearish.
What is the RSI signal for LI-CYCLE HOLDINGS CORP (LICY) stock?
LI-CYCLE HOLDINGS CORP (LICY) has an RSI value of 35.1169. This indicates that the stock is currently neutral.
What is the MACD signal for LICY stock?
The MACD indicator for LI-CYCLE HOLDINGS CORP (LICY) has a value of 0.0293101, indicating a bearish trend.
What is the buy/sell signal for LI-CYCLE HOLDINGS CORP (LICY) stock?
The buy/sell signal for LI-CYCLE HOLDINGS CORP (LICY) is sell as both the short term and long term trends are negative.