LINE Corporation (LN) Stock Technical Analysis
NYSE:LN - US5948374039 - ADR
51.98 USD
+0.42 (+0.81%)
51.98 USD
0 (0%)
We assign a technical rating of 5 out of 10 to LN. LN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: LN has an average volume of 9282 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
LN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LN is lagging the market slightly.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, LN turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
In the last month LN has a been trading in a tight range between 49.89 and 51.98.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, LN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 52.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 51.81, a Stop Loss order could be placed below this zone.
More info and screens
48.63
54.05
When analyzing the support we notice one important area.
- A support zone ranging from 49.12 to 51.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 52.17 to 52.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 53.50 to 53.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 LN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LN is neutral. |
| ChartMill Relative Strength | 44.01 | NEUTRAL | LN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.98 | NEUTRAL | The RSI value for LN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LN has a positive trend. |
| Stochastics (14,3) | 88.36 | OVERBOUGHT | The high Stochastics value suggests LN may be overbought. |
| Average True Range in percent/ATR (20) | 1.09 | LOW VOLATILITY | The low ATR as a percentage value for LN suggests low volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
51.98
+0.42 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.81%
1 Week0.25%
2 Weeks0.58%
1 Month0.8%
3 Month3.84%
6 Month3.03%
12 Month6.74%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%1.09%
ATR Inc-22.34%
Range Today0.56
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.01
Mansfield-1.06
10 Day High51.98
10 Day Low49.89
20 Day High51.98
20 Day Low49.89
52 Week High53.62
52 Week Low44.43
CS1 End51.81
CR1 Start52.17
Volume & EV
DER(3)0.77%
DER(5)0%
Volume12.60K
Volume Incr220.85%
Vol(5)30.24K
Vol(50)9.28K