We assign a technical rating of 7 out of 10 to LODE. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, LODE is a bad performer.
LODE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.65, a Stop Loss order could be placed below this zone.
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When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.65 to 3.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 3.06 to 3.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.82 from a trend line in the weekly time frame.
- Support @2.30 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.95 to 3.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.04 to 4.05. This zone is formed by a combination of multiple trend lines 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 LODE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LODE is up. |
| ChartMill Relative Strength | 19.65 | NEGATIVE | LODE has a low relative strength, it was outperformed by 80.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LODE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LODE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LODE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.53 | NEUTRAL | The RSI value for LODE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LODE has a negative trend. |
| Stochastics (14,3) | 49.96 | NEUTRAL | The Stochastics value for LODE is a neutral value. |
| Average True Range in percent/ATR (20) | 7.91 | HIGH VOLATILITY | The high ATR as a percentage value for LODE suggests high volalility. |
| Average Directional Index/ADX (14) | 27.5 | POSITIVE | The high ADX value value for LODE suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.98 | 3.64 | 0.34 (8.54%) | 11.71% |
| An entry @3.98. This is a Buy Stop order right above the resistance zone. | An exit @3.64. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.34 points, which is 8.54%. | When investing 11.71% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of LODE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
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+0.08 (+2.19%)
COMSTOCK INC / LODE FAQ
What is the technical rating for LODE stock?
ChartMill assigns a technical rating of 7 / 10 to LODE.
What is the trend direction for LODE stock?
The current trend direction for COMSTOCK INC (LODE) is Bullish.
What is the RSI signal for LODE stock?
COMSTOCK INC (LODE) has an RSI value of 51.5293. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for COMSTOCK INC?
The buy/sell signal for COMSTOCK INC (LODE) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for COMSTOCK INC?
COMSTOCK INC (LODE) has a support level at 3.65 and a resistance level at 3.95. Check the full technical report for our detailed analysis of LODE support and resistance levels.