Taking everything into account, LRE scores 0 out of 10 in our technical rating. LRE'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 technical rating of LRE 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
1.12
We found 1 important support area.
- Support @1.13 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @1.68 from a trend line in the weekly time frame.
- Resistance @1.73 from a trend 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 LRE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LRE is down. |
| ChartMill Relative Strength | 10.97 | NEGATIVE | LRE has a low relative strength, it was outperformed by 89.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LRE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LRE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LRE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.44 | NEUTRAL | The RSI value for LRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LRE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.11 | OVERSOLD | The low Stochastics value suggests LRE may be oversold. |
| Average True Range in percent/ATR (20) | 12.21 | HIGH VOLATILITY | The high ATR as a percentage value for LRE suggests high volalility. |
| Average Directional Index/ADX (14) | 13.81 | NEGATIVE | The low ADX value for LRE suggests a weak or negative trend. |
1.27
+0.03 (+2.42%)
LEAD REAL ESTATE CO LTD / LRE FAQ
What is the ChartMill technical rating of LEAD REAL ESTATE CO LTD (LRE) stock?
ChartMill assigns a technical rating of 0 / 10 to LRE.
Can you provide the trend direction for LEAD REAL ESTATE CO LTD?
The current trend direction for LEAD REAL ESTATE CO LTD (LRE) is Bearish.
What is the RSI signal for LRE stock?
LEAD REAL ESTATE CO LTD (LRE) has an RSI value of 43.4379. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LEAD REAL ESTATE CO LTD?
The MACD indicator for LEAD REAL ESTATE CO LTD (LRE) has a value of -0.0244754, indicating a bearish trend.
Can you provide the buy/sell signal for LEAD REAL ESTATE CO LTD?
The buy/sell signal for LEAD REAL ESTATE CO LTD (LRE) is sell as both the short term and long term trends are negative.