LEAD REAL ESTATE CO LTD (LRE) Stock Technical Analysis
NASDAQ:LRE - Nasdaq - US52168R1095 - ADR - Currency: USD
Taking everything into account, LRE scores 6 out of 10 in our technical rating. LRE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, LRE is a bad performer in the overall market: 81% of all stocks are doing better.
LRE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so LRE is lagging the market.
Warning: LRE has an average volume of 14468 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
LRE is an average performer in the Household Durables industry, it outperforms 44% of 64 stocks in the same industry.
In the last month LRE has a been trading in the 1.19 - 2.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LRE has an average technical rating and also the quality of the setup is only medium 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
1.13
2.08
3 important support areas can be observed.
- A support zone ranging from 1.65 to 1.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.18 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 2 important areas.
- A resistance zone ranging from 1.98 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 | 19.05 | NEGATIVE | LRE has a low relative strength, it was outperformed by 80.95% 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) | 61.19 | 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) | 39.77 | NEUTRAL | The Stochastics value for LRE is a neutral value. |
| Average True Range in percent/ATR (20) | 9.07 | HIGH VOLATILITY | The high ATR as a percentage value for LRE suggests high volalility. |
| Average Directional Index/ADX (14) | 47.98 | 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)
1.7735
+0.11 (+6.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg6.84%
1 Week0.77%
2 Weeks-4.57%
1 Month50.3%
3 Month52.89%
6 Month-10.43%
12 Month-79.61%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%9.07%
ATR Inc-9.69%
Range Today0.13
ADR(20)0.16
ADR(20)%8.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.05
Mansfield0.37
10 Day High2.21
10 Day Low1.64
20 Day High2.21
20 Day Low1.19
52 Week High13.76
52 Week Low1.1
CS1 End1.67
CR1 Start1.98
Volume & EV
DER(3)37.07%
DER(5)18.27%
Volume1.72K
Volume Incr-54.51%
Vol(5)9.92K
Vol(50)14.47K