LM FUNDING AMERICA INC (LMFA) Technical Analysis
NASDAQ:LMFA • US5020745031
Taking everything into account, LMFA scores 1 out of 10 in our technical rating. LMFA'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, LMFA is a bad performer in the overall market: 97% of all stocks are doing better.
- LMFA is part of the Software industry. There are 277 other stocks in this industry, of which 81% are performing better than LMFA.
- LMFA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month LMFA has a been trading in the 0.30 - 0.44 range, which is quite wide. It is currently trading near the high of this range.
LMFA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for LMFA in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.34
When analyzing the support we can see 3 important areas.
- Support @0.39 from a trend line in the daily time frame.
- A support zone ranging from 0.37 to 0.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.34 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.44 from a horizontal 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 LMFA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LMFA is neutral. |
| ChartMill Relative Strength | 3.7 | NEGATIVE | LMFA has a low relative strength, it was outperformed by 96.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LMFA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LMFA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LMFA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.73 | NEUTRAL | The RSI value for LMFA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LMFA has a positive trend. |
| Stochastics (14,3) | 71.37 | NEUTRAL | The Stochastics value for LMFA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.83 | HIGH VOLATILITY | The high ATR as a percentage value for LMFA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.62 | NEGATIVE | The low ADX value for LMFA suggests a weak or negative trend. |
LMFA Technicals: Chart, Performance Metrics, Trend & Indicators
0.4181
+0.01 (+2.85%)
LM FUNDING AMERICA INC / LMFA FAQ
What is the ChartMill technical rating of LM FUNDING AMERICA INC (LMFA) stock?
ChartMill assigns a technical rating of 1 / 10 to LMFA.
What is the trend direction for LMFA stock?
The current trend direction for LM FUNDING AMERICA INC (LMFA) is Bearish.
What is the RSI signal for LMFA stock?
LM FUNDING AMERICA INC (LMFA) has an RSI value of 54.7328. This indicates that the stock is currently neutral.
What is the short term momentum for LMFA stock?
The short term momentum for LM FUNDING AMERICA INC (LMFA) is neutral.
What is the support and resistance level for LMFA stock?
LM FUNDING AMERICA INC (LMFA) has a support level at 0.39 and a resistance level at 0.44. Check the full technical report for our detailed analysis of LMFA support and resistance levels.