COMSTOCK INC (LODE) Stock Technical Analysis
NYSEARCA:LODE - NYSE Arca - US2057504092 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to LODE. Although LODE has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
LODE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LODE is lagging the market.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
LODE is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. LODE outperforms 86% of them.
Looking at the yearly performance, LODE did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month LODE has a been trading in the 2.26 - 3.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although LODE has an excellent technical rating, it does not present a decent entry opportunity 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
1.96
3.33
2 important support areas can be observed.
- Support @2.49 from a trend line in the daily time frame.
- Support @1.98 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @3.06 from a horizontal line in the weekly time frame.
- Resistance @3.12 from a trend line in the daily time frame.
- A resistance zone ranging from 3.27 to 3.30. 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 | NEUTRAL | NEUTRAL | The long term trend for LODE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LODE is up. |
| ChartMill Relative Strength | 87.51 | POSITIVE | LODE has a high relative strength, it outperformed 87.51% 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 | MIXED | The current price of LODE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.37 | NEUTRAL | The RSI value for LODE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests LODE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.07 | NEUTRAL | The Stochastics value for LODE is a neutral value. |
| Average True Range in percent/ATR (20) | 7.35 | HIGH VOLATILITY | The high ATR as a percentage value for LODE suggests high volalility. |
| Average Directional Index/ADX (14) | 30.12 | POSITIVE | The high ADX value value for LODE 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)
2.91
-0.13 (-4.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-4.28%
1 Week-5.52%
2 Weeks23.83%
1 Month21.76%
3 Month21.25%
6 Month-20.71%
12 Month16.4%
2 Year-52.58%
3 Year-61.94%
5 Year-49.65%
10 Year-98.38%
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%7.35%
ATR Inc-7.47%
Range Today0.14
ADR(20)0.21
ADR(20)%7.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.51
Mansfield-0.82
10 Day High3.37
10 Day Low2.34
20 Day High3.37
20 Day Low2.26
52 Week High10.1
52 Week Low1.25
CS1 End2.49
CR1 Start3.06
Volume & EV
DER(3)-7.33%
DER(5)-4.39%
Volume423.70K
Volume Incr19.58%
Vol(5)546.60K
Vol(50)444.51K