LOBO EV TECHNOLOGIES LTD (LOBO) Stock Technical Analysis
USA - NASDAQ:LOBO - VGG003501019 - Common Stock
0.6676 USD
-0.01 (-1.82%)
0.68 USD
+0.01 (+1.86%)
We assign a technical rating of 5 out of 10 to LOBO. In the past year, LOBO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
91% of all other stocks performed better in the past year than LOBO.
LOBO is part of the Automobiles industry. There are 37 other stocks in this industry, of which 61% are performing better than LOBO.
LOBO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month LOBO has a been trading in the 0.45 - 0.72 range, which is quite wide. It is currently trading near the high of this range.
LOBO has an average volume of 11321200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, LOBO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.68. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for LOBO 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
0.60
0.70
When analyzing the support we notice one important area.
- Support @0.61 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.68 to 0.69. 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 LOBO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LOBO is up. |
| ChartMill Relative Strength | 9.69 | NEGATIVE | LOBO has a low relative strength, it was outperformed by 90.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LOBO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LOBO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LOBO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.54 | NEUTRAL | The RSI value for LOBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LOBO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.57 | NEUTRAL | The Stochastics value for LOBO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.38 | HIGH VOLATILITY | The high ATR as a percentage value for LOBO suggests high volalility. |
| Average Directional Index/ADX (14) | 36.51 | POSITIVE | The high ADX value value for LOBO 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)
0.6676
-0.01 (-1.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-1.82%
1 Week3.91%
2 Weeks25.96%
1 Month17.6%
3 Month15.92%
6 Month-47.02%
12 Month-57.36%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%9.38%
ATR Inc38.58%
Range Today0.06
ADR(20)0.06
ADR(20)%9.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.69
Mansfield-5.36
10 Day High0.72
10 Day Low0.53
20 Day High0.72
20 Day Low0.45
52 Week High3.52
52 Week Low0.35
CS1 End0.61
CR1 Start0.68
Volume & EV
DER(3)4.44%
DER(5)3.03%
Volume256.10K
Volume Incr-22.03%
Vol(5)421.64K
Vol(50)11.32M