DEF DAILY TARG 2X L LMND ETF (LMNX) Technical Analysis
NASDAQ:LMNX • US88636W7671
Current stock price
LMNX Technical Rating and Analysis
We assign a technical rating of 1 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 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.
- In the last month LMNX has a been trading in the 13.37 - 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
LMNX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
LMNX Support and Resistance Analysis
14.29
When analyzing the support we can see 3 important areas.
- Support @16.58 from a trend line in the daily time frame.
- Support @15.98 from a horizontal line in the daily time frame.
- Support @14.43 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @19.54 from a horizontal line in the weekly time frame.
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 | 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) | UP | MIXED | The current price of LMNX is below 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) | 45.74 | NEUTRAL | The RSI value for LMNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests LMNX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.47 | NEUTRAL | The Stochastics value for LMNX is a neutral value. |
| Average True Range in percent/ATR (20) | 12.3 | HIGH VOLATILITY | The high ATR as a percentage value for LMNX suggests high volalility. |
| Average Directional Index/ADX (14) | 15.93 | 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
17.3659
+0.15 (+0.86%)
DEF DAILY TARG 2X L LMND ETF / LMNX TA FAQ
What is the technical rating for LMNX stock?
ChartMill assigns a technical rating of 1 / 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.
Can you provide the RSI signal for DEF DAILY TARG 2X L LMND ETF?
DEF DAILY TARG 2X L LMND ETF (LMNX) has an RSI value of 45.7416. This indicates that the stock is currently neutral.
What is the short term momentum for LMNX stock?
The short term momentum for DEF DAILY TARG 2X L LMND ETF (LMNX) is negative.
Can you provide the support and resistance levels for DEF DAILY TARG 2X L LMND ETF?
DEF DAILY TARG 2X L LMND ETF (LMNX) has a support level at 16.58 and a resistance level at 19.54. Check the full technical report for our detailed analysis of LMNX support and resistance levels.