LINEAGE INC (LINE) Stock Technical Analysis
NASDAQ:LINE - Nasdaq - US53566V1061 - REIT - Currency: USD
Overall LINE gets a technical rating of 0 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.
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. 96% of 129 stocks in the same industry do better.
In the last month LINE has a been trading in the 42.13 - 46.61 range, which is quite wide. It is currently trading near the lows of this range.
LINE has an average volume of 1045050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, LINE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 42.69, a Stop Loss order could be placed below this zone.
More info and screens
42.25
64.21
When analyzing the support we notice one important area.
- A support zone ranging from 42.68 to 42.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 43.33 to 44.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 46.14 to 46.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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) | 41.55 | NEUTRAL | The RSI value for LINE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LINE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.5 | OVERSOLD | The low Stochastics value suggests LINE may be oversold. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for LINE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.05 | 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)
42.96
-0.11 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.26%
1 Week-1.31%
2 Weeks-4.21%
1 Month-5.17%
3 Month-20%
6 Month-22.55%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.47
ATR(20)%3.34%
ATR Inc-21.55%
Range Today1.04
ADR(20)1.43
ADR(20)%3.32%
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 High45.69
10 Day Low42.14
20 Day High46.61
20 Day Low42.14
52 Week HighN/A
52 Week LowN/A
CS1 End42.69
CR1 Start43.33
Volume & EV
DER(3)0.19%
DER(5)0.64%
Volume727.20K
Volume Incr7.86%
Vol(5)982.32K
Vol(50)1.05M