NYSE:LU - US54975P2011 - ADR
We assign a technical rating of 10 out of 10 to LU. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LU is showing a nice and steady performance.
Although LU has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
2.22
We found 7 important support areas.
We found 1 important resistance area.
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 LU is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LU is up. |
ChartMill Relative Strength | 82.32 | POSITIVE | LU has a high relative strength, it outperformed 82.32% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LU is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LU is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LU is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 63.43 | NEUTRAL | The RSI value for LU is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests LU has a positive trend. |
Stochastics (14,3) | 85.43 | OVERBOUGHT | The high Stochastics value suggests LU may be overbought. |
Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for LU suggests some volalility. |
Average Directional Index/ADX (14) | 20.27 | NEUTRAL | The ADX value for LU suggests a possible start of a new trend. |
3.11
+0.04 (+1.3%)