LINKERS INDUSTRIES LTD-A (LNKS) Stock Technical Analysis
USA - NASDAQ:LNKS - VGG5496W1023 - Common Stock
We assign a technical rating of 0 out of 10 to LNKS. LNKS'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.
Although the technical rating is bad, LNKS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.48, a Stop Loss order could be placed below this zone.
More info and screens
0.45
2 important support areas can be observed.
- A support zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.45 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.53 from a horizontal line in the daily time frame.
- Resistance @0.71 from a trend line 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 LNKS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LNKS is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | LNKS has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LNKS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LNKS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LNKS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.54 | NEUTRAL | The RSI value for LNKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests LNKS has a negative trend. |
| Stochastics (14,3) | 10.76 | OVERSOLD | The low Stochastics value suggests LNKS may be oversold. |
| Average True Range in percent/ATR (20) | 14.85 | HIGH VOLATILITY | The high ATR as a percentage value for LNKS suggests high volalility. |
| Average Directional Index/ADX (14) | 31.6 | POSITIVE | The high ADX value value for LNKS suggests a strong trend. |
0.4899
-0.02 (-3.54%)
LINKERS INDUSTRIES LTD-A / LNKS FAQ
Can you provide the ChartMill technical rating for LINKERS INDUSTRIES LTD-A?
ChartMill assigns a technical rating of 0 / 10 to LNKS.
What is the current trend direction of LINKERS INDUSTRIES LTD-A (LNKS) stock?
The current trend direction for LINKERS INDUSTRIES LTD-A (LNKS) is Bearish.
What is the RSI signal for LINKERS INDUSTRIES LTD-A (LNKS) stock?
LINKERS INDUSTRIES LTD-A (LNKS) has an RSI value of 47.5362. This indicates that the stock is currently neutral.
What is the MACD signal for LINKERS INDUSTRIES LTD-A (LNKS) stock?
The MACD indicator for LINKERS INDUSTRIES LTD-A (LNKS) has a value of -0.00306773, indicating a bearish trend.
What is the short term momentum for LINKERS INDUSTRIES LTD-A (LNKS) stock?
The short term momentum for LINKERS INDUSTRIES LTD-A (LNKS) is negative.