LUOKUNG TECHNOLOGY CORP (LKCO) Technical Analysis
NASDAQ:LKCO • VGG569811141
Current stock price
LKCO Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to LKCO. LKCO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, LKCO is a bad performer in the overall market: 98% of all stocks are doing better.
- LKCO is one of the lesser performing stocks in the Interactive Media & Services industry. 85% of 69 stocks in the same industry do better.
- LKCO 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 LKCO has a been trading in the 0.80 - 1.99 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
LKCO Weekly and Daily overview Charts
LKCO Setup Rating and Analysis
The technical rating of LKCO is bad and it also does not present a 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
LKCO Support and Resistance Analysis
0.80
We found 1 important resistance area.
- Resistance @1.52 from a trend line in the daily time frame.
LKCO 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 LKCO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LKCO is neutral. |
| ChartMill Relative Strength | 2.6 | NEGATIVE | LKCO has a low relative strength, it was outperformed by 97.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LKCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LKCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LKCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.84 | OVERSOLD | The low RSI value suggests LKCO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LKCO has a negative trend. |
| Stochastics (14,3) | 29.8 | NEUTRAL | The Stochastics value for LKCO is a neutral value. |
| Average True Range in percent/ATR (20) | 37.75 | HIGH VOLATILITY | The high ATR as a percentage value for LKCO suggests high volalility. |
| Average Directional Index/ADX (14) | 23.1 | NEUTRAL | The ADX value for LKCO suggests a possible start of a new trend. |
LKCO Chart- and CandleStick Pattern Analysis
LKCO Technicals: Chart, Performance Metrics, Trend & Indicators
0.81
-0.72 (-47.06%)
LUOKUNG TECHNOLOGY CORP / LKCO TA FAQ
What is the ChartMill technical rating of LUOKUNG TECHNOLOGY CORP (LKCO) stock?
ChartMill assigns a technical rating of 0 / 10 to LKCO.
What is the current trend direction of LUOKUNG TECHNOLOGY CORP (LKCO) stock?
The current trend direction for LUOKUNG TECHNOLOGY CORP (LKCO) is Bearish.
Can you provide the RSI signal for LUOKUNG TECHNOLOGY CORP?
LUOKUNG TECHNOLOGY CORP (LKCO) has an RSI value of 26.8438. This indicates that the stock is currently oversold.
What is the MACD signal for LKCO stock?
The MACD indicator for LUOKUNG TECHNOLOGY CORP (LKCO) has a value of -0.026424, indicating a bearish trend.