Luckin Coffee Inc ADR (LK) Technical Analysis
NASDAQ:LK
Current stock price
LK Technical Rating and Analysis
Taking everything into account, LK scores 0 out of 10 in our technical rating. LK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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, LK is a bad performer in the overall market: 100% of all stocks are doing better.
- LK is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month LK has a been trading in the 1.16 - 6.79 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.
- LK has an average volume of 56124800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LK Weekly and Daily overview Charts
LK Setup Rating and Analysis
The technical rating of LK is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
LK Support and Resistance Analysis
LK 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 LK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LK is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | LK has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.49 | OVERSOLD | The low RSI value suggests LK may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.65 | POSITIVE | The MACD value suggests LK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 11.9 | OVERSOLD | The low Stochastics value suggests LK may be oversold. |
| Average True Range in percent/ATR (20) | 62.61 | HIGH VOLATILITY | The high ATR as a percentage value for LK suggests high volalility. |
LK Chart- and CandleStick Pattern Analysis
LK Technicals: Chart, Performance Metrics, Trend & Indicators
1.38
-1.62 (-54%)
Luckin Coffee Inc ADR / LK TA FAQ
What is the technical rating for LK stock?
ChartMill assigns a technical rating of 0 / 10 to LK.
What is the trend direction for LK stock?
The current trend direction for Luckin Coffee Inc ADR (LK) is Bearish.
Can you provide the RSI signal for Luckin Coffee Inc ADR?
Luckin Coffee Inc ADR (LK) has an RSI value of 26.492. This indicates that the stock is currently oversold.
What is the MACD signal for Luckin Coffee Inc ADR (LK) stock?
The MACD indicator for Luckin Coffee Inc ADR (LK) has a value of 0.654301, indicating a bearish trend.
Can you provide the short term momentum for Luckin Coffee Inc ADR?
The short term momentum for Luckin Coffee Inc ADR (LK) is negative.