LINKERS INDUSTRIES LTD-A (LNKS) Stock Technical Analysis
NASDAQ:LNKS • VGG5496W1023
We assign a technical rating of 7 out of 10 to LNKS. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month LNKS has a been trading in the 0.84 - 1.45 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- LNKS is part of the Electrical Equipment industry. There are 91 other stocks in this industry. LNKS outperforms 91% of them.
- LNKS has an average volume of 1360330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, LNKS did better than 97% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- LNKS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LNKS is lagging the market.
Besides having an excellent technical rating, LNKS also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for LNKS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.01
We found 1 important support area.
- A support zone ranging from 1.02 to 1.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @1.32 from a horizontal 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 | UP | POSITIVE | The long term trend for LNKS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LNKS is neutral. |
| ChartMill Relative Strength | 97.71 | POSITIVE | LNKS has a high relative strength, it outperformed 97.71% 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 | POSITIVE | The current price of LNKS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LNKS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.46 | NEUTRAL | The RSI value for LNKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests LNKS has a negative trend. |
| Stochastics (14,3) | 35.46 | NEUTRAL | The Stochastics value for LNKS is a neutral value. |
| Average True Range in percent/ATR (20) | 20.62 | HIGH VOLATILITY | The high ATR as a percentage value for LNKS suggests high volalility. |
| Average Directional Index/ADX (14) | 49.72 | POSITIVE | The high ADX value value for LNKS suggests a strong trend. |
1.03
-0.15 (-12.71%)
LINKERS INDUSTRIES LTD-A / LNKS FAQ
Can you provide the ChartMill technical rating for LINKERS INDUSTRIES LTD-A?
ChartMill assigns a technical rating of 7 / 10 to LNKS.
What is the trend direction for LNKS stock?
The current trend direction for LINKERS INDUSTRIES LTD-A (LNKS) is Bullish.
What is the RSI signal for LINKERS INDUSTRIES LTD-A (LNKS) stock?
LINKERS INDUSTRIES LTD-A (LNKS) has an RSI value of 50.4571. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LINKERS INDUSTRIES LTD-A?
The MACD indicator for LINKERS INDUSTRIES LTD-A (LNKS) has a value of -0.0392792, indicating a bearish trend.
Can you provide the support and resistance levels for LINKERS INDUSTRIES LTD-A?
LINKERS INDUSTRIES LTD-A (LNKS) has a support level at 1.02 and a resistance level at 1.32. Check the full technical report for our detailed analysis of LNKS support and resistance levels.