We assign a technical rating of 3 out of 10 to LUD. LUD performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
LUD has a poor technical rating and the quality of the setup is also not perfect 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
3.83
2 important support areas can be observed.
- Support @5.69 from a trend line in the daily time frame.
- Support @3.87 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @9.63 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 LUD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LUD is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | LUD has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LUD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LUD is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 54.95 | NEUTRAL | The RSI value for LUD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests LUD has a positive trend. |
| Stochastics (14,3) | 30.1 | NEUTRAL | The Stochastics value for LUD is a neutral value. |
| Average True Range in percent/ATR (20) | 20.82 | HIGH VOLATILITY | The high ATR as a percentage value for LUD suggests high volalility. |
| Average Directional Index/ADX (14) | 25.14 | POSITIVE | The high ADX value value for LUD suggests a strong trend. |
9.01
-0.61 (-6.34%)
LUDA TECHNOLOGY GROUP LTD / LUD FAQ
Can you provide the ChartMill technical rating for LUDA TECHNOLOGY GROUP LTD?
ChartMill assigns a technical rating of 3 / 10 to LUD.
What is the current trend direction of LUDA TECHNOLOGY GROUP LTD (LUD) stock?
The current trend direction for LUDA TECHNOLOGY GROUP LTD (LUD) is Bearish.
What is the RSI signal for LUD stock?
LUDA TECHNOLOGY GROUP LTD (LUD) has an RSI value of 54.9501. This indicates that the stock is currently neutral.
What are the support and resistance levels for LUDA TECHNOLOGY GROUP LTD (LUD) stock?
LUDA TECHNOLOGY GROUP LTD (LUD) has a support level at 5.69 and a resistance level at 9.63. Check the full technical report for our detailed analysis of LUD support and resistance levels.