CHICAGO ATLANTIC BDC INC (LIEN) Stock Technical Analysis
NASDAQ:LIEN - Nasdaq - US8281741020 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to LIEN. In the last year, LIEN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, LIEN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.31, a Stop Loss order could be placed below this zone.
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10.06
When analyzing the support we notice one important area.
- A support zone ranging from 10.16 to 10.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.41 to 10.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.14 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 | UP | POSITIVE | The long term trend for LIEN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LIEN is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | LIEN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LIEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LIEN is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.46 | NEUTRAL | The RSI value for LIEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests LIEN has a positive trend. |
| Stochastics (14,3) | 63.42 | NEUTRAL | The Stochastics value for LIEN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for LIEN suggests some volalility. |
| Average Directional Index/ADX (14) | 16.97 | NEGATIVE | The low ADX value for LIEN suggests a weak or negative trend. |
NASDAQ:LIEN (6/3/2025, 4:30:02 PM)
10.4
+0.06 (+0.58%)