Linx S.A. ADR (LINX) Stock Technical Analysis
NYSE:LINX - New York Stock Exchange, Inc. -
Overall LINX gets a technical rating of 9 out of 10. Both in the recent history as in the last year, LINX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that LINX is one of the better performing stocks in the market, outperforming 80% of all stocks.
LINX is part of the Software industry. There are 283 other stocks in this industry. LINX outperforms 72% of them.
LINX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month LINX has a been trading in the 7.05 - 7.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although LINX has an excellent technical rating, it does not present a decent entry opportunity 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
6.09
7.59
When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.91 to 6.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 6.70 to 6.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.59 from a horizontal line in the weekly time frame.
- Support @6.15 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.50 to 7.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for LINX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LINX is neutral. |
| ChartMill Relative Strength | 80.65 | POSITIVE | LINX has a high relative strength, it outperformed 80.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LINX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LINX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LINX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.07 | NEUTRAL | The RSI value for LINX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LINX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.99 | OVERBOUGHT | The high Stochastics value suggests LINX may be overbought. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for LINX suggests some volalility. |
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)
NYSE:LINX (6/25/2021, 8:04:00 PM)
7.5
-0.2 (-2.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.6%
1 Week0.67%
2 Weeks2.04%
1 Month4.9%
3 Month13.64%
6 Month5.04%
12 Month76.47%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%2.17%
ATR Inc117.47%
Range Today0.37
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.65
Mansfield-0.15
10 Day High7.71
10 Day Low7.24
20 Day High7.71
20 Day Low7.05
52 Week High7.71
52 Week Low4.21
CS1 End6.99
CR1 Start7.5
Volume & EV
DER(3)-0.43%
DER(5)0.8%
Volume500.10K
Volume Incr448.07%
Vol(5)131.46K
Vol(50)33.67K