LINEAGE INC (LINE) Stock Technical Analysis
USA - NASDAQ:LINE - US53566V1061 - REIT
40.38 USD
-0.11 (-0.27%)
40.38 USD
0 (0%)
Taking everything into account, LINE scores 1 out of 10 in our technical rating. LINE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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: 94% of all stocks are doing better.
LINE is part of the Diversified REITs industry. There are 130 other stocks in this industry, of which 89% are performing better than LINE.
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 38.97 - 44.01 range, which is quite wide. It is currently trading near the lows of this range.
LINE has an average volume of 1213430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, LINE does present a nice setup opportunity. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
38.69
45.89
When analyzing the support we notice one important area.
- Support @39.08 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 41.33 to 42.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for LINE is down. |
| ChartMill Relative Strength | 6.66 | NEGATIVE | LINE has a low relative strength, it was outperformed by 93.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LINE is below 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) | 44.26 | NEUTRAL | The RSI value for LINE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests LINE has a negative trend. |
| Stochastics (14,3) | 26.06 | NEUTRAL | The Stochastics value for LINE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for LINE suggests some volalility. |
| Average Directional Index/ADX (14) | 14.36 | 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)
40.38
-0.11 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.27%
1 Week-3.37%
2 Weeks-0.52%
1 Month3.3%
3 Month-9.79%
6 Month-30.86%
12 Month-50.12%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.42
ATR(20)%3.55%
ATR Inc11.53%
Range Today0.8
ADR(20)1.42
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.66
Mansfield-3.42
10 Day High44.01
10 Day Low39.66
20 Day High44.01
20 Day Low38.97
52 Week High81.81
52 Week Low38.83
CS1 End39.08
CR1 Start41.33
Volume & EV
DER(3)0.45%
DER(5)-0.15%
Volume2.76M
Volume Incr68.98%
Vol(5)1.80M
Vol(50)1.21M