Lithion Energy Corp (LNC.CA) Technical Analysis
TSX-V:LNC
Current stock price
LNC.CA Technical Rating and Analysis
Overall LNC gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LNC is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- A new 52 week high is currently being made by LNC, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so LNC is leading the market.
- In the last month LNC has a been trading in the 0.40 - 0.47 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that LNC is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- Considerably lower volume is observed in the last couple of days.
LNC.CA Weekly and Daily overview Charts
LNC.CA Setup Rating and Analysis
Besides having an excellent technical rating, LNC also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for LNC in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
LNC.CA Support and Resistance Analysis
0.40
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.42 to 0.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
LNC.CA 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 | UP | POSITIVE | The long term trend for LNC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LNC.CA is up. |
| ChartMill Relative Strength | 99.19 | POSITIVE | LNC.CA has a high relative strength, it outperformed 99.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LNC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LNC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LNC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.62 | NEUTRAL | The RSI value for LNC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LNC.CA has a positive trend. |
| Stochastics (14,3) | 80.95 | OVERBOUGHT | The high Stochastics value suggests LNC.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.36 | MEDIUM VOLATILITY | The ATR as a percentage value for LNC.CA suggests some volalility. |
LNC.CA Chart- and CandleStick Pattern Analysis
LNC.CA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.48 | 0.40 | 0.08 (16.67%) | 6.00% |
| An entry @0.48. This is a Buy Stop order right above the 10 day high. | An exit @0.40. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.08 points, which is 16.67%. | For a 1.00% total portfolio risk, you can invest 6.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LNC.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:LNC (9/12/2019, 1:30:02 PM)
0.47
+0 (+1.08%)
Lithion Energy Corp / LNC.CA TA FAQ
Can you provide the ChartMill technical rating for Lithion Energy Corp?
ChartMill assigns a technical rating of 8 / 10 to LNC.CA.
What is the current trend direction of Lithion Energy Corp (LNC.CA) stock?
The current trend direction for Lithion Energy Corp (LNC.CA) is Bullish.
What is the RSI signal for LNC stock?
Lithion Energy Corp (LNC.CA) has an RSI value of 60.623. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Lithion Energy Corp?
The short term momentum for Lithion Energy Corp (LNC.CA) is positive.
What is the support and resistance level for LNC stock?
Lithion Energy Corp (LNC.CA) has a support level at 0.42. Check the full technical report for our detailed analysis of LNC.CA support and resistance levels.