LUFAX HOLDING LTD-ADR (LU) Stock Technical Analysis
NYSE:LU - New York Stock Exchange, Inc. - US54975P2011 - ADR - Currency: USD
Overall LU gets a technical rating of 6 out of 10. In the last year, LU was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
LU has an average volume of 3920070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that LU is one of the better performing stocks in the market, outperforming 75% of all stocks. However, we also see that LU couldn't keep up this performance in the last couple of months.
LU is part of the Consumer Finance industry. There are 52 other stocks in this industry, LU did better than 50% of them.
LU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LU is lagging the market slightly.
In the last month LU has a been trading in the 2.66 - 3.17 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.
Although the technical rating is only medium, LU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.91, a Stop Loss order could be placed below this zone.
More info and screens
2.21
3.28
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.83 to 2.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.42 from a trend line in the daily time frame.
- A support zone ranging from 2.30 to 2.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.23 to 2.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.92 to 2.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.11 from a trend line in the daily time frame.
- A resistance zone ranging from 3.16 to 3.25. 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 | UP | POSITIVE | The long term trend for LU is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LU is neutral. |
| ChartMill Relative Strength | 75.97 | POSITIVE | LU has a high relative strength, it outperformed 75.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LU is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LU is above a declining 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) | 49.95 | NEUTRAL | The RSI value for LU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LU has a negative trend. |
| Stochastics (14,3) | 26.87 | NEUTRAL | The Stochastics value for LU is a neutral value. |
| Average True Range in percent/ATR (20) | 4.88 | MEDIUM VOLATILITY | The ATR as a percentage value for LU suggests some volalility. |
| Average Directional Index/ADX (14) | 14.06 | NEGATIVE | The low ADX value for LU 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.98 | 2.82 | 0.16 (5.37%) | 18.63% |
| An entry @2.98. This is a Buy Stop order right above the resistance zone. | An exit @2.82. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.16 points, which is 5.37%. | When investing 18.63% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of LU. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
2.92
-0.04 (-1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-1.35%
1 Week-5.81%
2 Weeks-0.68%
1 Month5.8%
3 Month-7.59%
6 Month14.06%
12 Month27.51%
2 Year-48.95%
3 Year-87.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%4.88%
ATR Inc-44.45%
Range Today0.08
ADR(20)0.13
ADR(20)%4.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.97
Mansfield0.35
10 Day High3.15
10 Day Low2.83
20 Day High3.17
20 Day Low2.66
52 Week High4.15
52 Week Low2.09
CS1 End2.91
CR1 Start2.92
Volume & EV
DER(3)-10.01%
DER(5)-8.81%
Volume2.01M
Volume Incr-32.42%
Vol(5)2.51M
Vol(50)3.92M