LMN Technical Analysis - LUMINE GROUP INC

Technical Rating and Analysis

We assign a technical rating of 10 out of 10 to LMN. Both in the recent history as in the last year, LMN has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!

Looking at the yearly performance, LMN did better than 81% of all other stocks. We also observe that the gains produced by LMN over the past year are nicely spread over this period.

LMN is part of the Software industry. There are 61 other stocks in this industry. LMN outperforms 71% of them.

LMN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month LMN has a been trading in the 47.11 - 55.00 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

LUMINE GROUP INC / LMN Weekly stock chart

LUMINE GROUP INC / LMN Daily stock chart

Setup Rating and Analysis

Although LMN has an excellent technical rating, it does not offer a high 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

37.00

54.81

4 important support areas can be observed.

A support zone ranging from 47.91 to 48.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @43.10 from a trend line in the weekly time frame.
Support @41.00 from a trend line in the daily time frame.
Support @37.37 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 53.44 to 54.27. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	UP	POSITIVE	The long term trend for LMN.CA is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for LMN.CA is up.
ChartMill Relative Strength	81.16	POSITIVE	LMN.CA has a high relative strength, it outperformed 81.16% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of LMN.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of LMN.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of LMN.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)	65.61	NEUTRAL	The RSI value for LMN.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.16	POSITIVE	The MACD value suggests LMN.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)	81.32	OVERBOUGHT	The high Stochastics value suggests LMN.CA may be overbought.
Average True Range in percent/ATR (20)	2.61	MEDIUM VOLATILITY	The ATR as a percentage value for LMN.CA suggests some volalility.
Average Directional Index/ADX (14)	43.13	POSITIVE	The high ADX value value for LMN.CA suggests a strong trend.