Livexlive Media Inc (LIVX) Technical Analysis
NASDAQ:LIVX
Current stock price
LIVX Technical Rating and Analysis
Taking everything into account, LIVX scores 0 out of 10 in our technical rating. LIVX 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, LIVX is a bad performer in the overall market: 68% of all stocks are doing better.
- LIVX 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 LIVX has a been trading in the 2.95 - 3.57 range, which is quite wide. It is currently trading near the lows of this range.
- LIVX is an average performer in the Entertainment industry, it outperforms 60% of 79 stocks in the same industry.
LIVX Weekly and Daily overview Charts
LIVX Setup Rating and Analysis
Although the technical rating is bad, LIVX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.01, a Stop Loss order could be placed below this zone.
More info and screens
LIVX Support and Resistance Analysis
2.91
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.99 to 3.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.94 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 3.33 to 3.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.49 from a horizontal line in the daily time frame.
- Resistance @4.03 from a trend line in the daily time frame.
- Resistance @4.79 from a trend line in the weekly time frame.
LIVX Technical Indicator Signal Analysis
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 LIVX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LIVX is down. |
| ChartMill Relative Strength | 32.66 | NEUTRAL | LIVX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LIVX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LIVX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LIVX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.08 | NEUTRAL | The RSI value for LIVX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LIVX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.97 | NEUTRAL | The Stochastics value for LIVX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.51 | HIGH VOLATILITY | The high ATR as a percentage value for LIVX suggests high volalility. |
LIVX Chart- and CandleStick Pattern Analysis
LIVX Technicals: Chart, Performance Metrics, Trend & Indicators
3.07
+0.06 (+1.99%)
Livexlive Media Inc / LIVX TA FAQ
What is the technical rating for LIVX stock?
ChartMill assigns a technical rating of 0 / 10 to LIVX.
Can you provide the trend direction for Livexlive Media Inc?
The current trend direction for Livexlive Media Inc (LIVX) is Bearish.
What is the RSI signal for Livexlive Media Inc (LIVX) stock?
Livexlive Media Inc (LIVX) has an RSI value of 45.0828. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Livexlive Media Inc?
The MACD indicator for Livexlive Media Inc (LIVX) has a value of -0.0093524, indicating a bearish trend.
What is the short term momentum for Livexlive Media Inc (LIVX) stock?
The short term momentum for Livexlive Media Inc (LIVX) is negative.