LOMA NEGRA CIA IND-SPON ADR (LOMA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LOMA - US54150E1047 - ADR
Overall LOMA gets a technical rating of 7 out of 10. In the last year, LOMA was one of the better performers, but we do observe some doubts in the very recent evolution.
LOMA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 11.99, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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2 important support areas can be observed.
- A support zone ranging from 11.98 to 11.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @7.50 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 | UP | POSITIVE | The long term trend for LOMA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LOMA is neutral. |
| ChartMill Relative Strength | 86.63 | POSITIVE | LOMA has a high relative strength, it outperformed 86.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LOMA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LOMA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LOMA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.39 | NEUTRAL | The RSI value for LOMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests LOMA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.12 | NEUTRAL | The Stochastics value for LOMA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.12 | MEDIUM VOLATILITY | The ATR as a percentage value for LOMA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.17 | POSITIVE | The high ADX value value for LOMA 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 |
|---|---|---|---|
| 12.67 | 11.97 | 0.70 (5.55%) | 18.03% |
| An entry @12.67. This is a Buy Stop order right above the 10 day moving average. | An exit @11.97. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.70 points, which is 5.55%. | When investing 18.03% 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 LOMA. 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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+0.1 (+0.81%)
LOMA NEGRA CIA IND-SPON ADR / LOMA FAQ
Can you provide the ChartMill technical rating for LOMA NEGRA CIA IND-SPON ADR?
ChartMill assigns a technical rating of 7 / 10 to LOMA.
What is the current trend direction of LOMA NEGRA CIA IND-SPON ADR (LOMA) stock?
The current trend direction for LOMA NEGRA CIA IND-SPON ADR (LOMA) is Bullish.
What is the RSI signal for LOMA NEGRA CIA IND-SPON ADR (LOMA) stock?
LOMA NEGRA CIA IND-SPON ADR (LOMA) has an RSI value of 51.386. This indicates that the stock is currently neutral.
What is the MACD signal for LOMA NEGRA CIA IND-SPON ADR (LOMA) stock?
The MACD indicator for LOMA NEGRA CIA IND-SPON ADR (LOMA) has a value of -0.128168, indicating a bearish trend.