LUXEXPERIENCE BV (LUXE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LUXE - US55406W1036 - ADR
Overall LUXE gets a technical rating of 1 out of 10. In the last year, LUXE was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, LUXE is a bad performer in the overall market: 100% of all stocks are doing better.
- LUXE is one of the lesser performing stocks in the Specialty Retail industry. 95% of 122 stocks in the same industry do better.
- LUXE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, LUXE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.11, a Stop Loss order could be placed below this zone.
More info and screens
7.76
We found 1 important support area.
- A support zone ranging from 7.84 to 8.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 8.38 to 8.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.78 from a horizontal line in the daily time frame.
- Resistance @10.12 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 | UP | POSITIVE | The long term trend for LUXE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LUXE is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | LUXE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LUXE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LUXE is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 47.8 | NEUTRAL | The RSI value for LUXE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests LUXE has a positive trend. |
| Stochastics (14,3) | 51.55 | NEUTRAL | The Stochastics value for LUXE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.67 | MEDIUM VOLATILITY | The ATR as a percentage value for LUXE suggests some volalility. |
| Average Directional Index/ADX (14) | 31.98 | POSITIVE | The high ADX value value for LUXE suggests a strong trend. |
8.37
+0.16 (+1.95%)
LUXEXPERIENCE BV / LUXE FAQ
What is the technical rating for LUXE stock?
ChartMill assigns a technical rating of 1 / 10 to LUXE.
What is the trend direction for LUXE stock?
The current trend direction for LUXEXPERIENCE BV (LUXE) is Bullish.
What is the RSI signal for LUXE stock?
LUXEXPERIENCE BV (LUXE) has an RSI value of 47.7971. This indicates that the stock is currently neutral.
What is the buy/sell signal for LUXE stock?
The buy/sell signal for LUXEXPERIENCE BV (LUXE) is hold as the short term and long term trends are mixed.
What is the support and resistance level for LUXE stock?
LUXEXPERIENCE BV (LUXE) has a support level at 8.11 and a resistance level at 8.38. Check the full technical report for our detailed analysis of LUXE support and resistance levels.