COMSTOCK INC (LODE) Stock Technical Analysis
NYSEARCA:LODE - NYSE Arca - US2057504092 - Common Stock - Currency: USD
Overall LODE gets a technical rating of 4 out of 10. Although LODE is scoring some points because its good overall performance in the market in the past year, 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.
LODE 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 LODE has a been trading in the 2.97 - 3.95 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.
LODE is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 94% of 208 stocks in the same industry.
Looking at the yearly performance, LODE did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
LODE 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
2.08
3.90
2 important support areas can be observed.
- A support zone ranging from 3.01 to 3.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.10 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @3.10 from a trend line in the daily time frame.
- A resistance zone ranging from 3.18 to 3.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.36 to 3.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.86 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 LODE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LODE is down. |
| ChartMill Relative Strength | 93.18 | POSITIVE | LODE has a high relative strength, it outperformed 93.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LODE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LODE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LODE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.23 | NEUTRAL | The RSI value for LODE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests LODE has a negative trend. |
| Stochastics (14,3) | 5.52 | OVERSOLD | The low Stochastics value suggests LODE may be oversold. |
| Average True Range in percent/ATR (20) | 7.01 | HIGH VOLATILITY | The high ATR as a percentage value for LODE suggests high volalility. |
| Average Directional Index/ADX (14) | 18.09 | NEGATIVE | The low ADX value for LODE suggests a weak or negative 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)
3.02
-0.03 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.98%
1 Week-10.39%
2 Weeks-9.31%
1 Month-16.11%
3 Month14.39%
6 Month-14.08%
12 Month95.98%
2 Year-22.76%
3 Year-47.47%
5 Year-73.51%
10 Year-97.8%
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%7.01%
ATR Inc-22.31%
Range Today0.15
ADR(20)0.21
ADR(20)%6.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.18
Mansfield-2.06
10 Day High3.58
10 Day Low2.97
20 Day High3.95
20 Day Low2.97
52 Week High10.1
52 Week Low1.5
CS1 End3.01
CR1 Start3.1
Volume & EV
DER(3)-6.39%
DER(5)-5.25%
Volume480.40K
Volume Incr-29.59%
Vol(5)288.18K
Vol(50)441.22K