LINDE PLC (LIN) Stock Technical Analysis
NASDAQ:LIN - IE000S9YS762 - Common Stock
478.29 USD
-3.86 (-0.8%)
478.29 USD
0 (0%)
We assign a technical rating of 6 out of 10 to LIN. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, LIN is a bad performer.
61% of all other stocks performed better in the past year than LIN.
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 1653820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LIN is part of the Chemicals industry. There are 83 other stocks in this industry, LIN did better than 53% of them.
In the last month LIN has a been trading in a tight range between 459.86 and 486.38.
LIN has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 476.68, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
408.77
491.32
5 important support areas can be observed.
- A support zone ranging from 455.86 to 476.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @447.05 from a horizontal line in the daily time frame.
- Support @438.94 from a trend line in the weekly time frame.
- Support @423.60 from a horizontal line in the weekly time frame.
- A support zone ranging from 412.90 to 413.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 480.61 to 486.46. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 39.31 | 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) | 53.94 | NEUTRAL | The RSI value for LIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests LIN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.91 | NEUTRAL | The Stochastics value for LIN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.23 | LOW VOLATILITY | The low ATR as a percentage value for LIN suggests low volalility. |
| Average Directional Index/ADX (14) | 12.87 | NEGATIVE | The low ADX value for LIN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 486.47 | 475.00 | 11.47 (2.36%) | 25.00% |
| An entry @486.47. This is a Buy Stop order right above the resistance zone. | An exit @475.00. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 11.47 points, which is 2.36%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.59%. |
- 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.
478.29
-3.86 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.8%
1 Week-0.7%
2 Weeks-0.37%
1 Month4.11%
3 Month2.29%
6 Month2.41%
12 Month0.01%
2 Year23.58%
3 Year69.09%
5 Year91.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.56
ATR(20)%1.23%
ATR Inc-10.28%
Range Today6.32
ADR(20)5.78
ADR(20)%1.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.31
Mansfield-0.47
10 Day High486.38
10 Day Low475.01
20 Day High486.38
20 Day Low459.86
52 Week High487.49
52 Week Low408.65
CS1 End476.68
CR1 Start480.61
Volume & EV
DER(3)0.77%
DER(5)0.84%
Volume2.06M
Volume Incr31.07%
Vol(5)1.95M
Vol(50)1.65M