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Luckin Coffee Inc ADR (LK) Stock Technical Analysis

NASDAQ:LK - Nasdaq -

1.38  -1.62 (-54%)

After market: 1.38 0 (0%)

Technical Rating and Analysis

0

Overall LK gets a technical rating of 0 out of 10. LK 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.
100% of all other stocks performed better in the past year than LK.
LK is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so LK is lagging the market.
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.
Weekly and Daily overview Charts
Luckin Coffee Inc ADR / LK Weekly stock chart
Luckin Coffee Inc ADR / LK Daily stock chart
Setup Rating and Analysis

2

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.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for LK is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for LK is down.
ChartMill Relative Strength0NEGATIVELK has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of LK is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of LK is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of LK is below a declining SMA(200).
Relative Strength Index/RSI (14)26.49OVERSOLDThe low RSI value suggests LK may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.65POSITIVEThe MACD value suggests LK has a positive trend, although the MACD value is declining.
Stochastics (14,3)11.9OVERSOLDThe low Stochastics value suggests LK may be oversold.
Average True Range in percent/ATR (20)62.61HIGH VOLATILITYThe high ATR as a percentage value for LK suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)
Luckin Coffee Inc ADR / LK Daily stock chart

Luckin Coffee Inc ADR

NASDAQ:LK (6/26/2020, 8:00:05 PM)

After market: 1.38 0 (0%)

1.38

-1.62 (-54%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-54%
1 Week-63.87%
2 Weeks-64.52%
1 Month-36.11%
3 Month-96.37%
6 Month-94.89%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%62.61%
ATR Inc24.11%
Range Today1.3
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High4.39
10 Day Low1.16
20 Day High6.79
20 Day Low1.16
52 Week High51.38
52 Week Low1.16
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-2.57%
DER(5)-2.65%
Volume163.37M
Volume Incr-28.79%
Vol(5)58.16M
Vol(50)56.12M