LIONSGATE STUDIOS CORP (LION) Stock Technical Analysis
USA - NYSE:LION - CA53626N1024 - Common Stock
Taking everything into account, LION scores 6 out of 10 in our technical rating. LION has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
LION has an average technical rating and it also does not offer a high quality setup 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.
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5.70
When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.56 to 6.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.22 from a horizontal line in the daily time frame.
- Support @5.98 from a trend line in the daily time frame.
- Support @5.76 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.23 to 7.38. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for LION is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LION is up. |
| ChartMill Relative Strength | 65.02 | NEUTRAL | LION is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LION is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LION is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LION is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.69 | NEUTRAL | The RSI value for LION is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests LION has a positive trend. |
| Stochastics (14,3) | 88.08 | OVERBOUGHT | The high Stochastics value suggests LION may be overbought. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for LION suggests some volalility. |
| Average Directional Index/ADX (14) | 20.37 | NEUTRAL | The ADX value for LION suggests a possible start of a new trend. |
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+0.13 (+1.89%)
LIONSGATE STUDIOS CORP / LION FAQ
What is the technical rating for LION stock?
ChartMill assigns a technical rating of 6 / 10 to LION.
Can you provide the trend direction for LIONSGATE STUDIOS CORP?
The current trend direction for LIONSGATE STUDIOS CORP (LION) is Bearish.
Can you provide the RSI signal for LIONSGATE STUDIOS CORP?
LIONSGATE STUDIOS CORP (LION) has an RSI value of 63.6897. This indicates that the stock is currently neutral.
What is the short term momentum for LION stock?
The short term momentum for LIONSGATE STUDIOS CORP (LION) is positive.
What are the support and resistance levels for LIONSGATE STUDIOS CORP (LION) stock?
LIONSGATE STUDIOS CORP (LION) has a support level at 6.57 and a resistance level at 7.23. Check the full technical report for our detailed analysis of LION support and resistance levels.