LIONSGATE STUDIOS CORP (LION) Stock Technical Analysis
USA - NYSE:LION - CA53626N1024 - Common Stock
6.5 USD
-0.01 (-0.15%)
6.62 USD
+0.12 (+1.85%)
Taking everything into account, LION scores 4 out of 10 in our technical rating. LION has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
LION is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month LION has a been trading in the 6.10 - 7.69 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
LION has an average volume of 2522240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, LION outperforms 42% of them, which is more or less in line with the market.
LION is an average performer in the Entertainment industry, it outperforms 48% of 80 stocks in the same industry.
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.
More info and screens
5.69
7.59
When analyzing the support we notice one important area.
- A support zone ranging from 5.75 to 5.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 6.51 to 6.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.93 to 7.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @7.22 from a trend line in the weekly time frame.
- Resistance @7.38 from a horizontal line in the weekly time frame.
- Resistance @7.51 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for LION is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LION is neutral. |
| ChartMill Relative Strength | 42.78 | NEUTRAL | LION is not amongst the best or worst performers 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) | 43.52 | NEUTRAL | The RSI value for LION is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests LION has a negative trend. |
| Stochastics (14,3) | 5.4 | OVERSOLD | The low Stochastics value suggests LION may be oversold. |
| Average True Range in percent/ATR (20) | 4.88 | MEDIUM VOLATILITY | The ATR as a percentage value for LION suggests some volalility. |
| Average Directional Index/ADX (14) | 17.39 | NEGATIVE | The low ADX value for LION 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)
6.5
-0.01 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.15%
1 Week-7.14%
2 Weeks-5.25%
1 Month5.52%
3 Month11.11%
6 Month-1.07%
12 Month-9.09%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%4.88%
ATR Inc2.63%
Range Today0.14
ADR(20)0.32
ADR(20)%4.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.78
Mansfield-1.68
10 Day High7.17
10 Day Low6.5
20 Day High7.69
20 Day Low6.1
52 Week High9.14
52 Week Low5.55
CS1 End5.76
CR1 Start6.51
Volume & EV
DER(3)0.28%
DER(5)0.11%
Volume1.28M
Volume Incr-26.58%
Vol(5)2.15M
Vol(50)2.52M