LINDE PLC (LIN) Technical Analysis
NASDAQ:LIN • IE000S9YS762
Current stock price
LIN Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to LIN. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LIN is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- LIN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- LIN has an average volume of 2542940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, LIN turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
- LIN is an average performer in the Chemicals industry, it outperforms 55% of 82 stocks in the same industry.
- In the last month LIN has a been trading in a tight range between 482.77 and 510.65.
- Considerably lower volume is observed in the last couple of days.
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 510.31. Right above this resistance zone may be a good entry point.
More info and screens
LIN Support and Resistance Analysis
468.16
We found 2 important support areas.
- Support @509.34 from a horizontal line in the daily time frame.
- A support zone ranging from 472.89 to 500.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 510.31 to 510.31. 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 | 64.33 | NEUTRAL | LIN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LIN is above the rising 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) | 60.74 | NEUTRAL | The RSI value for LIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests LIN has a positive trend. |
| Stochastics (14,3) | 79.7 | NEUTRAL | The Stochastics value for LIN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for LIN suggests low volalility. |
| Average Directional Index/ADX (14) | 10.9 | 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 |
|---|---|---|---|
| 510.32 | 509.33 | 0.99 (0.19%) | 25.00% |
| An entry @510.32. This is a Buy Stop order right above the resistance zone. | An exit @509.33. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.99 points, which is 0.19%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.05%. |
- The distance between exit and entry is rather small compared to the average daily movement of LIN. Please evaluate whether better entry and exit points can be found.
- 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
510.3
+2.24 (+0.44%)
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.
Can you provide the RSI signal for LINDE PLC?
LINDE PLC (LIN) has an RSI value of 60.7361. 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 is the support and resistance level for LIN stock?
LINDE PLC (LIN) has a support level at 509.34 and a resistance level at 510.31. Check the full technical report for our detailed analysis of LIN support and resistance levels.