COMSTOCK INC (LODE) Stock Technical Analysis
NYSEARCA:LODE • US2057504092
Taking everything into account, LODE scores 1 out of 10 in our technical rating. LODE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames 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 one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 60% of 207 stocks in the same industry do better.
- In the last month LODE has a been trading in the 2.35 - 3.28 range, which is quite wide. It is currently trading near the high of this range.
- LODE has an average volume of 2075300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, LODE outperforms 60% of them, which is more or less in line with the market.
- LODE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LODE is lagging the market.
The technical rating of LODE is bad and it also does not present a 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
2.34
3 important support areas can be observed.
- Support @2.75 from a horizontal line in the weekly time frame.
- Support @2.42 from a trend line in the weekly time frame.
- A support zone ranging from 2.36 to 2.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.16 to 3.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.20 from a trend line in the weekly 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 | 60.45 | NEUTRAL | LODE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LODE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LODE is below a declining 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) | 49 | NEUTRAL | The RSI value for LODE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests LODE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.19 | NEUTRAL | The Stochastics value for LODE is a neutral value. |
| Average True Range in percent/ATR (20) | 7.19 | HIGH VOLATILITY | The high ATR as a percentage value for LODE suggests high volalility. |
| Average Directional Index/ADX (14) | 18.19 | NEGATIVE | The low ADX value for LODE suggests a weak or negative trend. |
3.1
-0.04 (-1.27%)
COMSTOCK INC / LODE FAQ
What is the technical rating for LODE stock?
ChartMill assigns a technical rating of 1 / 10 to LODE.
What is the trend direction for LODE stock?
The current trend direction for COMSTOCK INC (LODE) is Bearish.
What is the RSI signal for LODE stock?
COMSTOCK INC (LODE) has an RSI value of 48.9966. 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 sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for COMSTOCK INC?
COMSTOCK INC (LODE) has a support level at 2.75 and a resistance level at 3.16. Check the full technical report for our detailed analysis of LODE support and resistance levels.