LINKERS INDUSTRIES LTD-A (LNKS) Stock Technical Analysis
NASDAQ:LNKS - Nasdaq - VGG5496W1023 - Common Stock - Currency: USD
Taking everything into account, LNKS scores 1 out of 10 in our technical rating. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, LNKS is a bad performer in the overall market: 100% of all stocks are doing better.
LNKS is one of the lesser performing stocks in the Electrical Equipment industry. 92% of 94 stocks in the same industry do better.
In the last month LNKS has a been trading in the 0.51 - 1.01 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
LNKS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.51
0.67
We found 1 important support area.
- A support zone ranging from 0.52 to 0.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @0.58 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.62 to 0.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.66 to 0.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 LNKS is down. |
| 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) | UP | MIXED | The current price of LNKS is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 48.44 | NEUTRAL | The RSI value for LNKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LNKS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.61 | OVERSOLD | The low Stochastics value suggests LNKS may be oversold. |
| Average True Range in percent/ATR (20) | 13.87 | HIGH VOLATILITY | The high ATR as a percentage value for LNKS suggests high volalility. |
| Average Directional Index/ADX (14) | 37.33 | POSITIVE | The high ADX value value for LNKS suggests a strong trend. |
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)
0.563
-0.01 (-2.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-2.09%
1 Week8.37%
2 Weeks-3.57%
1 Month-7.26%
3 Month8.49%
6 Month-78.94%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%13.87%
ATR Inc-31.27%
Range Today0.1
ADR(20)0.08
ADR(20)%14.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.62
10 Day Low0.51
20 Day High1.01
20 Day Low0.51
52 Week HighN/A
52 Week LowN/A
CS1 End0.52
CR1 Start0.58
Volume & EV
DER(3)-20.08%
DER(5)-4.88%
Volume294.31K
Volume Incr-83.85%
Vol(5)41.10K
Vol(50)124.95K