Overall LINE gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. LINE was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, LINE is a bad performer in the overall market: 80% of all stocks are doing better.
- LINE is one of the lesser performing stocks in the Diversified REITs industry. 77% of 124 stocks in the same industry do better.
- LINE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month LINE has a been trading in the 34.66 - 38.72 range, which is quite wide. It is currently trading near the high of this range.
- LINE has an average volume of 1774480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of LINE is bad and it also does not present a quality setup 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
32.73
2 important support areas can be observed.
- A support zone ranging from 35.23 to 36.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.06 to 33.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @41.91 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 | UP | POSITIVE | The short term trend for LINE is up. |
| ChartMill Relative Strength | 20.74 | NEGATIVE | LINE has a low relative strength, it was outperformed by 79.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LINE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LINE is above the rising 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) | 63.69 | NEUTRAL | The RSI value for LINE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests LINE has a positive trend. |
| Stochastics (14,3) | 89.33 | OVERBOUGHT | The high Stochastics value suggests LINE may be overbought. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for LINE suggests some volalility. |
| Average Directional Index/ADX (14) | 12.62 | NEGATIVE | The low ADX value for LINE suggests a weak or negative trend. |
38.63
+1.89 (+5.14%)
LINEAGE INC / LINE FAQ
What is the technical rating for LINE stock?
ChartMill assigns a technical rating of 3 / 10 to LINE.
What is the trend direction for LINE stock?
The current trend direction for LINEAGE INC (LINE) is Bearish.
What is the RSI signal for LINEAGE INC (LINE) stock?
LINEAGE INC (LINE) has an RSI value of 63.6927. This indicates that the stock is currently neutral.
Can you provide the short term momentum for LINEAGE INC?
The short term momentum for LINEAGE INC (LINE) is positive.
What is the buy/sell signal for LINEAGE INC (LINE) stock?
The buy/sell signal for LINEAGE INC (LINE) is hold as the short term and long term trends are mixed.