LINDE PLC (LIN) Technical Analysis
NASDAQ:LIN • IE000S9YS762
Current stock price
LIN Technical Rating and Analysis
Taking everything into account, LIN scores 7 out of 10 in our technical rating. Although LIN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- LIN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so LIN is performing more or less in line with the market.
- In the last month LIN has a been trading in the 471.14 - 510.05 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- LIN has an average volume of 2810960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that LIN is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- LIN is an average performer in the Chemicals industry, it outperforms 59% of 83 stocks in the same industry.
LIN Weekly and Daily overview Charts
LIN Setup Rating and Analysis
LIN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 508.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 490.36, a Stop Loss order could be placed below this zone.
More info and screens
LIN Support and Resistance Analysis
469.25
We found 1 important support area.
- A support zone ranging from 473.99 to 490.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 508.09 to 509.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
LIN 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 | UP | POSITIVE | The long term trend for LIN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LIN is up. |
| ChartMill Relative Strength | 75.72 | POSITIVE | LIN has a high relative strength, it outperformed 75.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LIN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LIN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LIN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.67 | NEUTRAL | The RSI value for LIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.12 | NEGATIVE | The MACD value suggests LIN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.81 | NEUTRAL | The Stochastics value for LIN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for LIN suggests some volalility. |
| Average Directional Index/ADX (14) | 16.9 | NEGATIVE | The low ADX value for LIN suggests a weak or negative trend. |
LIN Chart- and CandleStick Pattern Analysis
LIN Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 509.36 | 473.98 | 35.38 (6.95%) | 14.40% |
| An entry @509.36. This is a Buy Stop order right above the resistance zone. | An exit @473.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 35.38 points, which is 6.95%. | When investing 14.40% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LIN Technicals: Chart, Performance Metrics, Trend & Indicators
491.12
-4.37 (-0.88%)
LINDE PLC / LIN TA FAQ
What is the technical rating for LIN stock?
ChartMill assigns a technical rating of 7 / 10 to LIN.
What is the current trend direction of LINDE PLC (LIN) stock?
The current trend direction for LINDE PLC (LIN) is Bullish.
What is the RSI signal for LINDE PLC (LIN) stock?
LINDE PLC (LIN) has an RSI value of 53.6731. This indicates that the stock is currently neutral.
What is the buy/sell signal for LINDE PLC (LIN) stock?
The buy/sell signal for LINDE PLC (LIN) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for LINDE PLC (LIN) stock?
LINDE PLC (LIN) has a support level at 490.36 and a resistance level at 508.09. Check the full technical report for our detailed analysis of LIN support and resistance levels.