LINEAGE INC (LINE) Stock Technical Analysis
NASDAQ:LINE - Nasdaq - US53566V1061 - REIT - Currency: USD
Taking everything into account, LINE scores 0 out of 10 in our technical rating. LINE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, LINE is a bad performer in the overall market: 100% of all stocks are doing better.
LINE is one of the lesser performing stocks in the Diversified REITs industry. 95% of 129 stocks in the same industry do better.
In the last month LINE has a been trading in the 42.05 - 55.28 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
LINE has an average volume of 1035720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LINE has a poor technical rating and the quality of the setup is also not perfect 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
43.56
64.21
5 important resistance areas can be observed.
- Resistance @45.01 from a trend line in the daily time frame.
- A resistance zone ranging from 47.64 to 47.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 50.94 to 52.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @60.11 from a horizontal line in the daily time frame.
- Resistance @63.57 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for LINE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LINE is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | LINE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LINE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LINE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LINE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.65 | NEUTRAL | The RSI value for LINE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests LINE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.45 | NEUTRAL | The Stochastics value for LINE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for LINE suggests some volalility. |
| Average Directional Index/ADX (14) | 26.15 | POSITIVE | The high ADX value value for LINE suggests a strong 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)
44
-1.2 (-2.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-2.65%
1 Week-7.58%
2 Weeks-5.54%
1 Month-22.11%
3 Month-26.97%
6 Month-30.62%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.65
ATR(20)%4.98%
ATR Inc-24.95%
Range Today1.28
ADR(20)2.04
ADR(20)%4.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High48.72
10 Day Low43.98
20 Day High55.28
20 Day Low42.05
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start45.01
Volume & EV
DER(3)-2.38%
DER(5)-2.65%
Volume600.50K
Volume Incr-28.01%
Vol(5)857.82K
Vol(50)1.04M