LIONSGATE STUDIOS CORP (LION) Stock Technical Analysis
NYSE:LION - New York Stock Exchange, Inc. - CA53626N1024 - Common Stock - Currency: USD
Taking everything into account, LION scores 1 out of 10 in our technical rating. LION 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, LION is a bad performer in the overall market: 85% of all stocks are doing better.
LION is part of the Entertainment industry. There are 72 other stocks in this industry, of which 64% are performing better than LION.
LION is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LION is lagging the market.
LION has an average volume of 2596940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month LION has a been trading in the 5.54 - 7.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of LION is bad and it also does not present a 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.
More info and screens
6.00
8.27
5 important resistance areas can be observed.
- A resistance zone ranging from 6.30 to 6.35. 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 6.48 to 6.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.73 from a trend line in the weekly time frame.
- Resistance @7.27 from a trend line in the daily time frame.
- Resistance @8.19 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 LION is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LION is down. |
| ChartMill Relative Strength | 15.39 | NEGATIVE | LION has a low relative strength, it was outperformed by 84.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LION is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LION is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LION is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.97 | NEUTRAL | The RSI value for LION is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests LION has a negative trend. |
| Stochastics (14,3) | 19.26 | OVERSOLD | The low Stochastics value suggests LION may be oversold. |
| Average True Range in percent/ATR (20) | 5.09 | HIGH VOLATILITY | The high ATR as a percentage value for LION suggests high volalility. |
| Average Directional Index/ADX (14) | 21.45 | NEUTRAL | The ADX value for LION suggests a possible start of a new 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)
6.06
+0.14 (+2.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg2.36%
1 Week-7.34%
2 Weeks-5.46%
1 Month3.59%
3 Month-14.89%
6 Month-15.48%
12 Month-14.04%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%5.09%
ATR Inc-44.86%
Range Today0.21
ADR(20)0.3
ADR(20)%4.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.39
Mansfield-1.95
10 Day High6.8
10 Day Low5.8
20 Day High7
20 Day Low5.55
52 Week High9.14
52 Week Low5.55
CS1 EndN/A
CR1 Start6.3
Volume & EV
DER(3)3.01%
DER(5)0.62%
Volume4.59M
Volume Incr17.75%
Vol(5)2.76M
Vol(50)2.60M