USA - NASDAQ:LMNX - ETF
We assign a technical rating of 3 out of 10 to LMNX. In the last year, LMNX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of LMNX 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.
36.01
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 LMNX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LMNX is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | LMNX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 74.13 | OVERBOUGHT | The high RSI value suggests LMNX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.49 | POSITIVE | The MACD value suggests LMNX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.6 | OVERBOUGHT | The high Stochastics value suggests LMNX may be overbought. |
| Average Directional Index/ADX (14) | 46.64 | POSITIVE | The high ADX value value for LMNX suggests a strong trend. |
36.37
+0.19 (+0.52%)
ChartMill assigns a technical rating of 3 / 10 to LMNX.
The current trend direction for DEF DAILY TARG 2X L LMND ETF (LMNX) is Bullish.
DEF DAILY TARG 2X L LMND ETF (LMNX) has an RSI value of 74.1291. This indicates that the stock is currently overbought.
The short term momentum for DEF DAILY TARG 2X L LMND ETF (LMNX) is positive.
The buy/sell signal for DEF DAILY TARG 2X L LMND ETF (LMNX) is buy as both the short term and long term trends are positive.