LINDE PLC (LIN) Stock Technical Analysis
NASDAQ:LIN - Nasdaq - IE000S9YS762 - Common Stock - Currency: USD
Overall LIN gets a technical rating of 6 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 term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
LIN is part of the Chemicals industry. There are 84 other stocks in this industry. LIN outperforms 72% of them.
LIN has an average volume of 2080670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, LIN outperforms 52% of them, which is more or less in line with the market.
LIN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LIN is lagging the market slightly.
In the last month LIN has a been trading in a tight range between 453.57 and 476.00.
LIN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 459.15, a Stop Loss order could be placed below this zone.
More info and screens
400.00
491.32
We found 4 important support areas.
- A support zone ranging from 455.25 to 459.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @431.46 from a trend line in the weekly time frame.
- A support zone ranging from 412.90 to 423.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @404.04 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 466.44 to 469.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 481.68 to 486.46. 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 | NEUTRAL | NEUTRAL | The short term trend for LIN is neutral. |
| ChartMill Relative Strength | 52.41 | NEUTRAL | LIN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LIN is below 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) | DOWN | MIXED | The current price of LIN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.97 | NEUTRAL | The RSI value for LIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.2 | NEGATIVE | The MACD value suggests LIN has a negative trend. |
| Stochastics (14,3) | 26.05 | NEUTRAL | The Stochastics value for LIN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.39 | LOW VOLATILITY | The low ATR as a percentage value for LIN suggests low volalility. |
| Average Directional Index/ADX (14) | 13.71 | 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 |
|---|---|---|---|
| 469.71 | 460.19 | 9.52 (2.03%) | 25.00% |
| An entry @469.71. This is a Buy Stop order right above the resistance zone. | An exit @460.19. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 9.52 points, which is 2.03%. | For a 0.51% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
460.9
-5.7 (-1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-1.22%
1 Week-3.08%
2 Weeks-2.31%
1 Month0.12%
3 Month0.56%
6 Month8.62%
12 Month4.1%
2 Year20.95%
3 Year60.3%
5 Year117.29%
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.48
ATR(20)%1.39%
ATR Inc-18.07%
Range Today5.37
ADR(20)5.93
ADR(20)%1.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.41
Mansfield-0.26
10 Day High476
10 Day Low460.2
20 Day High476
20 Day Low453.57
52 Week High487.49
52 Week Low408.65
CS1 End459.15
CR1 Start466.44
Volume & EV
DER(3)1.83%
DER(5)2.05%
Volume1.27M
Volume Incr-15.46%
Vol(5)1.72M
Vol(50)2.08M