LESAKA TECHNOLOGIES INC (LSAK) Stock Technical Analysis
USA - NASDAQ:LSAK - US64107N2062 - Common Stock
We assign a technical rating of 0 out of 10 to LSAK. LSAK'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.
Although the technical rating is bad, LSAK does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.16, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
3.86
We found 2 important support areas.
- A support zone ranging from 4.08 to 4.16. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 3.90 to 3.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 4.31 to 4.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.44 from a horizontal line in the daily time frame.
- Resistance @4.52 from a trend line in the weekly time frame.
- Resistance @4.65 from a trend line in the daily time frame.
- A resistance zone ranging from 4.76 to 4.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 LSAK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LSAK is neutral. |
| ChartMill Relative Strength | 16.32 | NEGATIVE | LSAK has a low relative strength, it was outperformed by 83.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LSAK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LSAK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LSAK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.58 | NEUTRAL | The RSI value for LSAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LSAK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.34 | NEUTRAL | The Stochastics value for LSAK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for LSAK suggests some volalility. |
| Average Directional Index/ADX (14) | 13.5 | NEGATIVE | The low ADX value for LSAK suggests a weak or negative trend. |
4.2
+0.04 (+0.84%)
LESAKA TECHNOLOGIES INC / LSAK FAQ
Can you provide the ChartMill technical rating for LESAKA TECHNOLOGIES INC?
ChartMill assigns a technical rating of 0 / 10 to LSAK.
Can you provide the trend direction for LESAKA TECHNOLOGIES INC?
The current trend direction for LESAKA TECHNOLOGIES INC (LSAK) is Bearish.
What is the RSI signal for LESAKA TECHNOLOGIES INC (LSAK) stock?
LESAKA TECHNOLOGIES INC (LSAK) has an RSI value of 46.5768. This indicates that the stock is currently neutral.
What is the MACD signal for LSAK stock?
The MACD indicator for LESAKA TECHNOLOGIES INC (LSAK) has a value of 0.00139281, indicating a bearish trend.
What is the short term momentum for LESAKA TECHNOLOGIES INC (LSAK) stock?
The short term momentum for LESAKA TECHNOLOGIES INC (LSAK) is neutral.