LUDA TECHNOLOGY GROUP LTD (LUD) Stock Technical Analysis
NYSEARCA:LUD • KYG570191042
Overall LUD gets a technical rating of 0 out of 10. LUD'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.
- 100% of all other stocks performed better in the past year than LUD.
- LUD is part of the Metals & Mining industry. There are 157 other stocks in this industry, of which 90% are performing better than LUD.
- In the last month LUD has a been trading in the 6.07 - 10.00 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, LUD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.35, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LUD 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.
More info and screens
6.24
We found 1 important support area.
- A support zone ranging from 6.30 to 6.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 6.83 to 6.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.99 to 8.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.61 from a trend line in the daily time frame.
- Resistance @8.99 from a trend line in the weekly 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 | DOWN | NEGATIVE | The short term trend for LUD is down. |
| 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) | DOWN | NEGATIVE | The current price of LUD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LUD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LUD is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.08 | NEUTRAL | The RSI value for LUD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests LUD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.57 | OVERSOLD | The low Stochastics value suggests LUD may be oversold. |
| Average True Range in percent/ATR (20) | 13.91 | HIGH VOLATILITY | The high ATR as a percentage value for LUD suggests high volalility. |
| Average Directional Index/ADX (14) | 21.48 | NEUTRAL | The ADX value for LUD suggests a possible start of a new trend. |
6.43
-0.42 (-6.13%)
LUDA TECHNOLOGY GROUP LTD / LUD FAQ
Can you provide the ChartMill technical rating for LUDA TECHNOLOGY GROUP LTD?
ChartMill assigns a technical rating of 0 / 10 to LUD.
Can you provide the trend direction for LUDA TECHNOLOGY GROUP LTD?
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 43.0792. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LUDA TECHNOLOGY GROUP LTD?
The MACD indicator for LUDA TECHNOLOGY GROUP LTD (LUD) has a value of -0.147699, indicating a bearish trend.
What is the support and resistance level for LUD stock?
LUDA TECHNOLOGY GROUP LTD (LUD) has a support level at 6.35 and a resistance level at 7.99. Check the full technical report for our detailed analysis of LUD support and resistance levels.