LL FLOORING HOLDINGS INC (LL) Stock Technical Analysis
USA - NYSE:LL - US55003T1079 - Common Stock
We assign a technical rating of 0 out of 10 to LL. LL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, LL does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 0.84, a Stop Loss order could be placed below this zone.
More info and screens
0.75
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.82 to 0.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.76 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.85 to 0.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.91 from a trend line in the daily time frame.
- Resistance @1.68 from a trend line in the weekly 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 LL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LL is down. |
| ChartMill Relative Strength | 3.21 | NEGATIVE | LL has a low relative strength, it was outperformed by 96.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.66 | NEUTRAL | The RSI value for LL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests LL has a positive trend. |
| Stochastics (14,3) | 39.55 | NEUTRAL | The Stochastics value for LL is a neutral value. |
| Average True Range in percent/ATR (20) | 13.78 | HIGH VOLATILITY | The high ATR as a percentage value for LL suggests high volalility. |
| Average Directional Index/ADX (14) | 12.02 | NEGATIVE | The low ADX value for LL suggests a weak or negative trend. |
0.8438
+0 (+0.45%)
LL FLOORING HOLDINGS INC / LL FAQ
What is the ChartMill technical rating of LL FLOORING HOLDINGS INC (LL) stock?
ChartMill assigns a technical rating of 0 / 10 to LL.
What is the trend direction for LL stock?
The current trend direction for LL FLOORING HOLDINGS INC (LL) is Bearish.
Can you provide the RSI signal for LL FLOORING HOLDINGS INC?
LL FLOORING HOLDINGS INC (LL) has an RSI value of 42.6552. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for LL FLOORING HOLDINGS INC?
The buy/sell signal for LL FLOORING HOLDINGS INC (LL) is sell as both the short term and long term trends are negative.
What is the support and resistance level for LL stock?
LL FLOORING HOLDINGS INC (LL) has a support level at 0.84 and a resistance level at 0.85. Check the full technical report for our detailed analysis of LL support and resistance levels.