LEISHEN ENERGY HOLDING -A (LSE) Technical Analysis
NASDAQ:LSE • KYG5462C1069
Taking everything into account, LSE scores 4 out of 10 in our technical rating. In the past year, LSE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, LSE is a bad performer in the overall market: 77% of all stocks are doing better.
- LSE is part of the Energy Equipment & Services industry. There are 60 other stocks in this industry, of which 91% are performing better than LSE.
- LSE 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.
- In the last month LSE has a been trading in the 4.20 - 6.86 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: LSE has an average volume of 17544 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 neutral. This gives a pretty neutral overall picture!
- Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, LSE does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for LSE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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4.40
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.69 to 4.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.44 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 4.73 to 4.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.39 to 5.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.57 to 5.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @5.83 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 | NEUTRAL | NEUTRAL | The long term trend for LSE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LSE is neutral. |
| ChartMill Relative Strength | 23.24 | NEGATIVE | LSE has a low relative strength, it was outperformed by 76.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LSE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LSE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LSE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.48 | NEUTRAL | The RSI value for LSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LSE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.13 | NEUTRAL | The Stochastics value for LSE is a neutral value. |
| Average True Range in percent/ATR (20) | 10.33 | HIGH VOLATILITY | The high ATR as a percentage value for LSE suggests high volalility. |
| Average Directional Index/ADX (14) | 26.76 | POSITIVE | The high ADX value value for LSE suggests a strong trend. |
LSE Technicals: Chart, Performance Metrics, Trend & Indicators
4.7194
-0.11 (-2.2%)
LEISHEN ENERGY HOLDING -A / LSE FAQ
What is the ChartMill technical rating of LEISHEN ENERGY HOLDING -A (LSE) stock?
ChartMill assigns a technical rating of 4 / 10 to LSE.
What is the trend direction for LSE stock?
The current trend direction for LEISHEN ENERGY HOLDING -A (LSE) is Bearish.
Can you provide the RSI signal for LEISHEN ENERGY HOLDING -A?
LEISHEN ENERGY HOLDING -A (LSE) has an RSI value of 47.483. This indicates that the stock is currently neutral.
Can you provide the short term momentum for LEISHEN ENERGY HOLDING -A?
The short term momentum for LEISHEN ENERGY HOLDING -A (LSE) is neutral.
What is the support and resistance level for LSE stock?
LEISHEN ENERGY HOLDING -A (LSE) has a support level at 4.71 and a resistance level at 4.73. Check the full technical report for our detailed analysis of LSE support and resistance levels.