DEF DAILY TARG 2X L LMND ETF (LMNX) Stock Technical Analysis
NASDAQ:LMNX • US88636W7671
We assign a technical rating of 0 out of 10 to LMNX. LMNX'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, LMNX is a bad performer in the overall market: 100% of all stocks are doing better.
- LMNX is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 94% of 57 stocks in the same industry do better.
- In the last month LMNX has a been trading in the 11.68 - 40.54 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
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.
More info and screens
13.90
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 LMNX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LMNX is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | LMNX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LMNX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LMNX is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 33.75 | NEUTRAL | The RSI value for LMNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.6 | NEGATIVE | The MACD value suggests LMNX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.72 | OVERSOLD | The low Stochastics value suggests LMNX may be oversold. |
| Average True Range in percent/ATR (20) | 29.03 | HIGH VOLATILITY | The high ATR as a percentage value for LMNX suggests high volalility. |
| Average Directional Index/ADX (14) | 25.7 | POSITIVE | The high ADX value value for LMNX suggests a strong trend. |
14.04
+0.75 (+5.64%)
DEF DAILY TARG 2X L LMND ETF / LMNX FAQ
What is the technical rating for LMNX stock?
ChartMill assigns a technical rating of 0 / 10 to LMNX.
What is the current trend direction of DEF DAILY TARG 2X L LMND ETF (LMNX) stock?
The current trend direction for DEF DAILY TARG 2X L LMND ETF (LMNX) is Bearish.
What is the RSI signal for LMNX stock?
DEF DAILY TARG 2X L LMND ETF (LMNX) has an RSI value of 33.7507. This indicates that the stock is currently neutral.
What is the MACD signal for DEF DAILY TARG 2X L LMND ETF (LMNX) stock?
The MACD indicator for DEF DAILY TARG 2X L LMND ETF (LMNX) has a value of -0.600176, indicating a bearish trend.
What is the buy/sell signal for DEF DAILY TARG 2X L LMND ETF (LMNX) stock?
The buy/sell signal for DEF DAILY TARG 2X L LMND ETF (LMNX) is sell as both the short term and long term trends are negative.