Loncor Resources Inc (LON) Technical Analysis
NYSEARCA:LON
Current stock price
LON Technical Rating and Analysis
Overall LON gets a technical rating of 0 out of 10. LON's overall performance in the market is below average. Also 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.
- 94% of all other stocks performed better in the past year than LON.
- LON is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month LON has a been trading in the 0.10 - 0.17 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
LON Weekly and Daily overview Charts
LON Setup Rating and Analysis
The technical rating of LON 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
LON Support and Resistance Analysis
LON Technical Indicator Signal Analysis
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 LON is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LON is down. |
| ChartMill Relative Strength | 6.19 | NEGATIVE | LON has a low relative strength, it was outperformed by 93.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LON is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.61 | NEUTRAL | The RSI value for LON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests LON has a negative trend, although the MACD value is rising. |
| Average True Range in percent/ATR (20) | 15.45 | HIGH VOLATILITY | The high ATR as a percentage value for LON suggests high volalility. |
LON Chart- and CandleStick Pattern Analysis
LON Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:LON (4/24/2014, 7:59:59 PM)
0.11
0 (0%)
Loncor Resources Inc / LON TA FAQ
What is the technical rating for LON stock?
ChartMill assigns a technical rating of 0 / 10 to LON.
What is the trend direction for LON stock?
The current trend direction for Loncor Resources Inc (LON) is Bearish.
What is the RSI signal for Loncor Resources Inc (LON) stock?
Loncor Resources Inc (LON) has an RSI value of 39.613. This indicates that the stock is currently neutral.
What is the MACD signal for Loncor Resources Inc (LON) stock?
The MACD indicator for Loncor Resources Inc (LON) has a value of -0.000201484, indicating a bearish trend.
What is the buy/sell signal for Loncor Resources Inc (LON) stock?
The buy/sell signal for Loncor Resources Inc (LON) is sell as both the short term and long term trends are negative.