Livongo Health Inc (LVGO) Stock Technical Analysis
USA - NASDAQ:LVGO -
We assign a technical rating of 8 out of 10 to LVGO. In the last year, LVGO was one of the better performers, but we do observe some doubts in the very recent evolution.
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. Another positive sign is the recent Pocket Pivot signal.
- 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
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.
2 important resistance areas can be observed.
- 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.
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. |
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.
139.77
-5.63 (-3.87%)
Livongo Health Inc / LVGO FAQ
What is the technical rating for LVGO stock?
ChartMill assigns a technical rating of 7 / 10 to LVGO.
Can you provide the trend direction for Livongo Health Inc?
The current trend direction for Livongo Health Inc (LVGO) is Bullish.
Can you provide the RSI signal for Livongo Health Inc?
Livongo Health Inc (LVGO) has an RSI value of 50.4442. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Livongo Health Inc?
The short term momentum for Livongo Health Inc (LVGO) is neutral.
What is the support and resistance level for 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.