LINKEDIN CORP (LNKD) Stock Technical Analysis
NYSE:LNKD
We assign a technical rating of 6 out of 10 to LNKD. Although LNKD is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, LNKD is a bad performer in the overall market: 76% of all stocks are doing better.
- Both the short term and long term trends are positive. This is a very positive sign.
- LNKD 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 LNKD is lagging the market slightly.
- LNKD has an average volume of 1333310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month LNKD has a been trading in a tight range between 189.36 and 195.98.
- Volume is considerably higher in the last couple of days.
LNKD has an average technical rating and also the quality of the setup is only medium 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
139.10
We found 2 important support areas.
- A support zone ranging from 187.59 to 195.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @140.51 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 195.97 to 195.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @225.66 from a trend line in the weekly time frame.
- Resistance @230.69 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for LNKD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LNKD is up. |
| ChartMill Relative Strength | 24.96 | NEGATIVE | LNKD has a low relative strength, it was outperformed by 75.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LNKD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LNKD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LNKD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.96 | OVERBOUGHT | The high RSI value suggests LNKD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests LNKD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 98.62 | OVERBOUGHT | The high Stochastics value suggests LNKD may be overbought. |
| Average True Range in percent/ATR (20) | 0.39 | LOW VOLATILITY | The low ATR as a percentage value for LNKD suggests low volalility. |
195.96
+0.02 (+0.01%)
LINKEDIN CORP / LNKD FAQ
What is the ChartMill technical rating of LINKEDIN CORP (LNKD) stock?
ChartMill assigns a technical rating of 6 / 10 to LNKD.
What is the current trend direction of LINKEDIN CORP (LNKD) stock?
The current trend direction for LINKEDIN CORP (LNKD) is Bullish.
Can you provide the RSI signal for LINKEDIN CORP?
LINKEDIN CORP (LNKD) has an RSI value of 74.9604. This indicates that the stock is currently overbought.
What is the MACD signal for LINKEDIN CORP (LNKD) stock?
The MACD indicator for LINKEDIN CORP (LNKD) has a value of 0.143295, indicating a bearish trend.
What is the short term momentum for LNKD stock?
The short term momentum for LINKEDIN CORP (LNKD) is positive.