LINE Technical Analysis - LINEAGE INC

Technical Rating and Analysis

Overall LINE gets a technical rating of 1 out of 10. 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.

91% of all other stocks performed better in the past year than LINE.

LINE is one of the lesser performing stocks in the Diversified REITs industry. 88% of 127 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.

In the last month LINE has a been trading in the 36.66 - 42.87 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.

LINE has an average volume of 1170110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

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 40.16. Right above this resistance zone may be a good entry point.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

39.72

45.89

We can see 4 important resistance areas.

A resistance zone ranging from 40.16 to 41.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 41.81 to 41.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @42.98 from a horizontal line in the daily time frame.
Resistance @45.44 from a horizontal line in the daily time frame.

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Technical Indicator Signal Analysis

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	9.03	NEGATIVE	LINE has a low relative strength, it was outperformed by 90.97% 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)	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)	49.06	NEUTRAL	The RSI value for LINE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.07	POSITIVE	The MACD value suggests LINE has a positive trend, although the MACD value is declining.
Stochastics (14,3)	44.57	NEUTRAL	The Stochastics value for LINE is a neutral value.
Average True Range in percent/ATR (20)	3.67	MEDIUM VOLATILITY	The ATR as a percentage value for LINE suggests some volalility.
Average Directional Index/ADX (14)	11.86	NEGATIVE	The low ADX value for LINE suggests a weak or negative trend.