DEF DAILY TARG 2X L LMND ETF (LMNX) Technical Analysis
NASDAQ:LMNX • US88636W7671
Current stock price
LMNX Technical Rating and Analysis
Overall LMNX gets a technical rating of 2 out of 10. LMNX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 100% of all other stocks performed better in the past year than LMNX.
- LMNX is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 94% of 56 stocks in the same industry do better.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month LMNX has a been trading in the 11.69 - 22.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
LMNX Weekly and Daily overview Charts
LMNX Setup Rating and Analysis
The technical rating of LMNX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
LMNX Support and Resistance Analysis
14.06
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.05 to 17.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.20 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.53 to 19.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
LMNX 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 | NEUTRAL | NEUTRAL | The long term trend for LMNX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LMNX is neutral. |
| 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) | UP | POSITIVE | The current price of LMNX is above the rising 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) | 44.07 | NEUTRAL | The RSI value for LMNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.86 | POSITIVE | The MACD value suggests LMNX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.92 | NEUTRAL | The Stochastics value for LMNX is a neutral value. |
| Average True Range in percent/ATR (20) | 11.87 | HIGH VOLATILITY | The high ATR as a percentage value for LMNX suggests high volalility. |
| Average Directional Index/ADX (14) | 19.89 | NEGATIVE | The low ADX value for LMNX suggests a weak or negative trend. |
LMNX Chart- and CandleStick Pattern Analysis
LMNX Technicals: Chart, Performance Metrics, Trend & Indicators
17.1749
-3.42 (-16.62%)
DEF DAILY TARG 2X L LMND ETF / LMNX TA FAQ
What is the technical rating for LMNX stock?
ChartMill assigns a technical rating of 2 / 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 44.0727. 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 0.864722, indicating a bearish trend.