LINDE PLC (LIN) Stock Technical Analysis
NASDAQ:LIN • IE000S9YS762
Overall LIN gets a technical rating of 8 out of 10. 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.
- The long and short term trends are both positive. This is looking good!
- 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.
- In the last month LIN has a been trading in the 429.17 - 488.54 range, which is quite wide. It is currently trading near the high of this range.
- LIN has an average volume of 2866200 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 65% of all stocks.
- LIN is part of the Chemicals industry. There are 83 other stocks in this industry, LIN did better than 50% of them.
LIN has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
443.75
When analyzing the support we can see 2 important areas.
- Support @475.56 from a horizontal line in the daily time frame.
- A support zone ranging from 448.23 to 458.33. 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 482.23 to 486.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 65.08 | 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) | 70.23 | OVERBOUGHT | The high RSI value suggests LIN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.58 | POSITIVE | The MACD value suggests LIN has a positive trend. |
| Stochastics (14,3) | 84.97 | OVERBOUGHT | The high Stochastics value suggests LIN may be overbought. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for LIN suggests low volalility. |
| Average Directional Index/ADX (14) | 30.45 | POSITIVE | The high ADX value value for LIN suggests a strong trend. |
482.22
+1.22 (+0.25%)
LINDE PLC / LIN FAQ
What is the technical rating for LIN stock?
ChartMill assigns a technical rating of 8 / 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 70.2316. This indicates that the stock is currently overbought.
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 475.56 and a resistance level at 482.23. Check the full technical report for our detailed analysis of LIN support and resistance levels.