LUOKUNG TECHNOLOGY CORP (LKCO) Stock Technical Analysis
NASDAQ:LKCO - Nasdaq - VGG569811141 - Common Stock - Currency: USD
Taking everything into account, LKCO scores 0 out of 10 in our technical rating. LKCO'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.
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 part of the Interactive Media & Services industry. There are 70 other stocks in this industry, of which 88% are performing better than LKCO.
LKCO 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 LKCO is lagging the market.
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.
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
0.80
1.54
We found 1 important resistance area.
- Resistance @1.52 from a trend line in the daily time frame.
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. |
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)
0.81
-0.72 (-47.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-47.06%
1 Week-44.9%
2 Weeks-39.92%
1 Month-51.2%
3 Month-63.84%
6 Month-69.43%
12 Month-84.17%
2 Year-95.18%
3 Year-99.34%
5 Year-99.49%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%37.75%
ATR Inc59.79%
Range Today0.77
ADR(20)0.31
ADR(20)%37.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.6
Mansfield-7.6
10 Day High1.91
10 Day Low0.8
20 Day High1.99
20 Day Low0.8
52 Week High7.68
52 Week Low0.8
CS1 EndN/A
CR1 Start1.52
Volume & EV
DER(3)-5.09%
DER(5)-3.01%
Volume715.80K
Volume Incr321.97%
Vol(5)278.92K
Vol(50)68.19K