LUXEXPERIENCE BV (LUXE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LUXE - US55406W1036 - ADR
Overall LUXE gets a technical rating of 4 out of 10. LUXE was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
Although the technical rating is only medium, LUXE does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.81, a Stop Loss order could be placed below this zone.
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7.50
4 important support areas can be observed.
- A support zone ranging from 8.76 to 8.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.40 to 8.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 7.79 to 7.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @7.58 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.78 to 9.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.02 to 10.12. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for LUXE is neutral. |
| 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) | UP | POSITIVE | The current price of LUXE is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 55.51 | NEUTRAL | The RSI value for LUXE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LUXE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 67.63 | NEUTRAL | The Stochastics value for LUXE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.98 | HIGH VOLATILITY | The high ATR as a percentage value for LUXE suggests high volalility. |
| Average Directional Index/ADX (14) | 14 | NEGATIVE | The low ADX value for LUXE suggests a weak or negative trend. |
9.37
+0.11 (+1.19%)
LUXEXPERIENCE BV / LUXE FAQ
What is the technical rating for LUXE stock?
ChartMill assigns a technical rating of 4 / 10 to LUXE.
Can you provide the trend direction for LUXEXPERIENCE BV?
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 55.5132. This indicates that the stock is currently neutral.
What is the MACD signal for LUXEXPERIENCE BV (LUXE) stock?
The MACD indicator for LUXEXPERIENCE BV (LUXE) has a value of -0.0167537, indicating a bearish trend.