LINEAGE INC (LINE) Stock Technical Analysis
NASDAQ:LINE - US53566V1061 - REIT
41.55 USD
-0.22 (-0.53%)
41.55 USD
0 (0%)
We assign a technical rating of 0 out of 10 to LINE. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, LINE is a bad performer in the overall market: 92% of all stocks are doing better.
LINE is one of the lesser performing stocks in the Diversified REITs industry. 89% of 129 stocks in the same industry do better.
LINE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
LINE has an average volume of 1106380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month LINE has a been trading in the 38.83 - 45.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LINE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 42.12. Right above this resistance zone may be a good entry point.
More info and screens
41.13
45.89
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 42.12 to 43.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 44.50 to 44.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @45.44 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 | NEUTRAL | NEUTRAL | The short term trend for LINE is neutral. |
| ChartMill Relative Strength | 8.01 | NEGATIVE | LINE has a low relative strength, it was outperformed by 91.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LINE is above 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) | 49.98 | 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) | 51.01 | NEUTRAL | The Stochastics value for LINE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for LINE suggests some volalility. |
| Average Directional Index/ADX (14) | 13.91 | NEGATIVE | The low ADX value for LINE 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)
41.55
-0.22 (-0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.53%
1 Week6.29%
2 Weeks3.28%
1 Month-3.71%
3 Month-2.67%
6 Month-31.04%
12 Month-50.48%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.44
ATR(20)%4.07%
ATR Inc-35.28%
Range Today0.69
ADR(20)1.65
ADR(20)%3.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.01
Mansfield-3.42
10 Day High42.67
10 Day Low38.83
20 Day High45.1
20 Day Low38.83
52 Week High84.89
52 Week Low38.83
CS1 EndN/A
CR1 Start42.12
Volume & EV
DER(3)1.69%
DER(5)0.33%
Volume720.70K
Volume Incr1.59%
Vol(5)1.21M
Vol(50)1.11M