LEAD REAL ESTATE CO LTD (LRE) Stock Technical Analysis
USA - NASDAQ:LRE - US52168R1095 - ADR
1.5 USD
-0.12 (-7.41%)
1.5 USD
0 (0%)
Taking everything into account, LRE scores 1 out of 10 in our technical rating. LRE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
81% of all other stocks performed better in the past year than LRE.
LRE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
LRE has an average volume of 1061820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
LRE is part of the Household Durables industry. There are 63 other stocks in this industry, LRE did better than 48% of them.
In the last month LRE has a been trading in the 1.36 - 1.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
LRE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for LRE in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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.
More info and screens
1.36
1.77
When analyzing the support we can see 3 important areas.
- Support @1.49 from a trend line in the weekly time frame.
- Support @1.44 from a trend line in the daily time frame.
- A support zone ranging from 1.37 to 1.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.54 to 1.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.63 from a horizontal line in the daily time frame.
- Resistance @1.75 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 | NEUTRAL | NEUTRAL | The long term trend for LRE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LRE is neutral. |
| ChartMill Relative Strength | 19.08 | NEGATIVE | LRE has a low relative strength, it was outperformed by 80.92% 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) | 47.05 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 34.41 | NEUTRAL | The Stochastics value for LRE is a neutral value. |
| Average True Range in percent/ATR (20) | 10.43 | HIGH VOLATILITY | The high ATR as a percentage value for LRE suggests high volalility. |
| Average Directional Index/ADX (14) | 15.41 | NEGATIVE | The low ADX value for LRE suggests a weak or negative 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)
1.5
-0.12 (-7.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-7.41%
1 Week2.39%
2 Weeks0.67%
1 Month-16.67%
3 Month-15.73%
6 Month14.5%
12 Month-7.41%
2 Year-72.59%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%10.43%
ATR Inc41.24%
Range Today0.2
ADR(20)0.15
ADR(20)%9.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.08
Mansfield-1.65
10 Day High1.77
10 Day Low1.38
20 Day High1.85
20 Day Low1.37
52 Week High2.97
52 Week Low1
CS1 End1.49
CR1 Start1.54
Volume & EV
DER(3)-0.06%
DER(5)4.35%
Volume80.00K
Volume Incr-90.38%
Vol(5)241.32K
Vol(50)1.06M