Livongo Health Inc (LVGO) Technical Analysis
NASDAQ:LVGO
Current stock price
LVGO Technical Rating and Analysis
Overall LVGO gets a technical rating of 8 out of 10. In the last year, LVGO 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 gets the benefit of the doubt for now.
- Looking at the yearly performance, LVGO did better than 99% of all other stocks.
- LVGO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month LVGO has a been trading in the 134.71 - 151.05 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- LVGO has an average volume of 2106450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
LVGO Weekly and Daily overview Charts
LVGO Setup Rating and Analysis
LVGO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 139.02, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
LVGO Support and Resistance Analysis
131.32
We found 3 important support areas.
- A support zone ranging from 138.90 to 139.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 136.56 to 136.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @132.65 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 140.87 to 141.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @148.09 from a horizontal line in the daily time frame.
LVGO Technical Indicator Signal Analysis
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 LVGO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LVGO is neutral. |
| ChartMill Relative Strength | 99.23 | POSITIVE | LVGO has a high relative strength, it outperformed 99.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LVGO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LVGO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LVGO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.44 | NEUTRAL | The RSI value for LVGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.61 | NEGATIVE | The MACD value suggests LVGO has a negative trend. |
| Stochastics (14,3) | 48.82 | NEUTRAL | The Stochastics value for LVGO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for LVGO suggests some volalility. |
LVGO Chart- and CandleStick Pattern Analysis
LVGO Example Setup
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 |
|---|---|---|---|
| 141.94 | 138.89 | 3.05 (2.15%) | 25.00% |
| An entry @141.94. This is a Buy Stop order right above the resistance zone. | An exit @138.89. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.05 points, which is 2.15%. | For a 0.54% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LVGO. 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.
LVGO Technicals: Chart, Performance Metrics, Trend & Indicators
139.77
-5.63 (-3.87%)
Livongo Health Inc / LVGO TA FAQ
What is the technical rating for LVGO stock?
ChartMill assigns a technical rating of 7 / 10 to LVGO.
What is the trend direction for LVGO stock?
The current trend direction for Livongo Health Inc (LVGO) is Bullish.
What is the RSI signal for LVGO stock?
Livongo Health Inc (LVGO) has an RSI value of 50.4442. This indicates that the stock is currently neutral.
What is the short term momentum for LVGO stock?
The short term momentum for Livongo Health Inc (LVGO) is neutral.
What are the support and resistance levels for Livongo Health Inc (LVGO) stock?
Livongo Health Inc (LVGO) has a support level at 139.02 and a resistance level at 140.87. Check the full technical report for our detailed analysis of LVGO support and resistance levels.