LIONSGATE STUDIOS CORP (LION) Stock Technical Analysis
NYSE:LION • CA53626N1024
We assign a technical rating of 4 out of 10 to LION. LION has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month LION has a been trading in the 7.89 - 10.09 range, which is quite wide. It is currently trading near the lows of this range.
- LION is part of the Entertainment industry. There are 80 other stocks in this industry. LION outperforms 74% of them.
- LION has an average volume of 2977320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When compared to the yearly performance of all other stocks, LION outperforms 63% of them, which is more or less in line with the market.
- LION is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LION is lagging the market.
LION has an average technical rating and the quality of the presented setup is also not ideal 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
5.70
When analyzing the support we can see 5 important areas.
- A support zone ranging from 7.96 to 8.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.06 from a horizontal line in the daily time frame.
- Support @6.28 from a trend line in the daily time frame.
- Support @6.07 from a trend line in the weekly time frame.
- Support @5.76 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @9.23 from a trend line in the daily time frame.
- A resistance zone ranging from 9.76 to 9.76. 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 | UP | POSITIVE | The long term trend for LION is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LION is down. |
| ChartMill Relative Strength | 63.23 | NEUTRAL | LION is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LION is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LION is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LION is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.05 | NEUTRAL | The RSI value for LION is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests LION has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.64 | NEUTRAL | The Stochastics value for LION is a neutral value. |
| Average True Range in percent/ATR (20) | 5.25 | HIGH VOLATILITY | The high ATR as a percentage value for LION suggests high volalility. |
| Average Directional Index/ADX (14) | 22.57 | NEUTRAL | The ADX value for LION suggests a possible start of a new trend. |
8.5
-0.14 (-1.62%)
LIONSGATE STUDIOS CORP / LION FAQ
What is the technical rating for LION stock?
ChartMill assigns a technical rating of 4 / 10 to LION.
What is the trend direction for LION stock?
The current trend direction for LIONSGATE STUDIOS CORP (LION) is Bullish.
Can you provide the RSI signal for LIONSGATE STUDIOS CORP?
LIONSGATE STUDIOS CORP (LION) has an RSI value of 44.0518. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LIONSGATE STUDIOS CORP?
The MACD indicator for LIONSGATE STUDIOS CORP (LION) has a value of -0.0946725, indicating a bearish trend.
What is the buy/sell signal for LION stock?
The buy/sell signal for LIONSGATE STUDIOS CORP (LION) is hold as the short term and long term trends are mixed.