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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 96% of all other stocks performed better in the past year than LNKS.
- LNKS is part of the Electrical Equipment industry. There are 91 other stocks in this industry, of which 81% are performing better than LNKS.
- LNKS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month LNKS has a been trading in the 0.29 - 0.46 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.
Although the technical rating is bad, LNKS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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
0.32
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.36 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 | 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 | 4.93 | NEGATIVE | LNKS has a low relative strength, it was outperformed by 95.07% 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) | 45.32 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 35.14 | NEUTRAL | The Stochastics value for LNKS is a neutral value. |
| Average True Range in percent/ATR (20) | 12.36 | HIGH VOLATILITY | The high ATR as a percentage value for LNKS suggests high volalility. |
| Average Directional Index/ADX (14) | 9.86 | NEGATIVE | The low ADX value for LNKS suggests a weak or negative trend. |
0.3189
+0.02 (+6.98%)
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 trend direction for 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 45.3157. 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 -0.00161402, indicating a bearish trend.
Can you provide the support and resistance levels for LINKERS INDUSTRIES LTD-A?
LINKERS INDUSTRIES LTD-A (LNKS) has a resistance level at 0.35. Check the full technical report for our detailed analysis of LNKS support and resistance levels.