LEAD REAL ESTATE CO LTD (LRE) Stock Technical Analysis
NASDAQ:LRE - Nasdaq - US52168R1095 - ADR - Currency: USD
Taking everything into account, LRE scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, LRE has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month LRE has a been trading in the 1.62 - 2.11 range, which is quite wide. It is currently trading near the lows of this range.
Warning: LRE has an average volume of 15710 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
LRE is part of the Household Durables industry. There are 63 other stocks in this industry. LRE outperforms 93% of them.
Looking at the yearly performance, LRE did better than 81% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
LRE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LRE is lagging the market.
Considerably lower volume is observed in the last couple of days.
LRE 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 a resistance zone just above the current price starting at 1.92. Right above this resistance zone may be a good entry point.
More info and screens
1.13
2.08
We found 4 important support areas.
- A support zone ranging from 1.74 to 1.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.61 to 1.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.20 from a trend line in the daily time frame.
- A support zone ranging from 1.14 to 1.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.92 to 1.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.00 to 2.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.06 from a horizontal 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 | UP | POSITIVE | The long term trend for LRE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LRE is up. |
| ChartMill Relative Strength | 81.97 | POSITIVE | LRE has a high relative strength, it outperformed 81.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LRE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LRE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LRE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.51 | NEUTRAL | The RSI value for LRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LRE has a negative trend. |
| Stochastics (14,3) | 30.33 | NEUTRAL | The Stochastics value for LRE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.32 | HIGH VOLATILITY | The high ATR as a percentage value for LRE suggests high volalility. |
| Average Directional Index/ADX (14) | 48.82 | POSITIVE | The high ADX value value for LRE suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.761
-0.02 (-1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.07%
1 Week-1.62%
2 Weeks-5.38%
1 Month0.06%
3 Month39.43%
6 Month-9.23%
12 Month10.06%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%6.32%
ATR Inc-63.93%
Range Today0.04
ADR(20)0.1
ADR(20)%5.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.97
Mansfield-0.01
10 Day High1.85
10 Day Low1.7
20 Day High2.11
20 Day Low1.62
52 Week High2.49
52 Week Low1.1
CS1 End1.75
CR1 Start1.92
Volume & EV
DER(3)-9.63%
DER(5)-13.52%
Volume900
Volume Incr-86.98%
Vol(5)1.92K
Vol(50)15.71K