LINDE PLC (LIN) Stock Technical Analysis
NASDAQ:LIN - Nasdaq - IE000S9YS762 - Common Stock - Currency: USD
Overall LIN gets a technical rating of 5 out of 10. LIN has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
LIN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LIN is lagging the market slightly.
LIN has an average volume of 1866490 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 45% of all stocks.
LIN is part of the Chemicals industry. There are 85 other stocks in this industry, LIN did better than 57% of them.
In the last month LIN has a been trading in a tight range between 452.95 and 478.72.
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 468.62, a Stop Loss order could be placed below this zone.
More info and screens
400.00
491.32
When analyzing the support we can see 6 important areas.
- A support zone ranging from 463.07 to 468.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @454.89 from a horizontal line in the daily time frame.
- Support @447.05 from a horizontal line in the daily time frame.
- Support @434.45 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 471.74 to 475.56. 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 486.45 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 | 45.2 | NEUTRAL | LIN is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of LIN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.12 | NEUTRAL | The RSI value for LIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests LIN has a negative trend. |
| Stochastics (14,3) | 59.95 | NEUTRAL | The Stochastics value for LIN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.25 | LOW VOLATILITY | The low ATR as a percentage value for LIN suggests low volalility. |
| Average Directional Index/ADX (14) | 12.39 | 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)
468.78
-0.03 (-0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.01%
1 Week-0.17%
2 Weeks1.08%
1 Month-0.37%
3 Month3.68%
6 Month7.52%
12 Month5.4%
2 Year19.99%
3 Year55.23%
5 Year91.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.65
ATR(20)%1.25%
ATR Inc-20.83%
Range Today3.7
ADR(20)5.67
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
CRS45.2
Mansfield-0.49
10 Day High478.72
10 Day Low463.55
20 Day High478.72
20 Day Low452.95
52 Week High487.49
52 Week Low408.65
CS1 End468.62
CR1 Start471.74
Volume & EV
DER(3)1.11%
DER(5)0.52%
Volume1.13M
Volume Incr-14%
Vol(5)1.57M
Vol(50)1.87M