Taking everything into account, LOBO scores 6 out of 10 in our technical rating. LOBO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
LOBO has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.51
When analyzing the support we can see 2 important areas.
- Support @0.85 from a horizontal line in the daily time frame.
- Support @0.52 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @0.96 from a horizontal line in the daily time frame.
- Resistance @1.07 from a horizontal line in the weekly time frame.
- Resistance @1.14 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 LOBO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LOBO is up. |
| ChartMill Relative Strength | 21.37 | NEGATIVE | LOBO has a low relative strength, it was outperformed by 78.63% 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 | MIXED | The current price of LOBO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.16 | NEUTRAL | The RSI value for LOBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests LOBO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.2 | OVERBOUGHT | The high Stochastics value suggests LOBO may be overbought. |
| Average True Range in percent/ATR (20) | 12.15 | HIGH VOLATILITY | The high ATR as a percentage value for LOBO suggests high volalility. |
| Average Directional Index/ADX (14) | 29.79 | POSITIVE | The high ADX value value for LOBO suggests a strong trend. |
0.8776
+0.03 (+3.25%)
LOBO TECHNOLOGIES LTD-A / LOBO FAQ
What is the ChartMill technical rating of LOBO TECHNOLOGIES LTD-A (LOBO) stock?
ChartMill assigns a technical rating of 6 / 10 to LOBO.
What is the trend direction for LOBO stock?
The current trend direction for LOBO TECHNOLOGIES LTD-A (LOBO) is Bearish.
What is the RSI signal for LOBO stock?
LOBO TECHNOLOGIES LTD-A (LOBO) has an RSI value of 58.1623. This indicates that the stock is currently neutral.
What is the short term momentum for LOBO stock?
The short term momentum for LOBO TECHNOLOGIES LTD-A (LOBO) is positive.
What is the support and resistance level for LOBO stock?
LOBO TECHNOLOGIES LTD-A (LOBO) has a support level at 0.85 and a resistance level at 0.96. Check the full technical report for our detailed analysis of LOBO support and resistance levels.