NASDAQ:LOGM - Nasdaq -
We assign a technical rating of 10 out of 10 to LOGM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LOGM is showing a nice and steady performance.
LOGM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 85.99, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
72.90
We found 4 important support areas.
We found 1 important resistance area.
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 LOGM is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LOGM is up. |
ChartMill Relative Strength | 80.83 | POSITIVE | LOGM has a high relative strength, it outperformed 80.83% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LOGM is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LOGM is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LOGM is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 69 | NEUTRAL | The RSI value for LOGM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LOGM has a negative trend. |
Stochastics (14,3) | 96.3 | OVERBOUGHT | The high Stochastics value suggests LOGM may be overbought. |
Average True Range in percent/ATR (20) | 0.11 | LOW VOLATILITY | The low ATR as a percentage value for LOGM suggests low volalility. |
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 |
---|---|---|---|
86.06 | 85.83 | 0.23 (0.27%) | 25.00% |
An entry @86.06. This is a Buy Stop order right above the 10 day high. | An exit @85.83. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.23 points, which is 0.27%. | For a 0.07% total portfolio risk, you can invest 25.00% of your capital in this trade. |
86.04
0 (0%)