LEVEL 3 COMMUNICATIONS INC (LVLT) Stock Technical Analysis
NYSE:LVLT - New York Stock Exchange, Inc. - US52729N3089
We assign a technical rating of 2 out of 10 to LVLT. LVLT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
LVLT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LVLT is lagging the market.
LVLT has an average volume of 3006510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, LVLT outperforms 41% of them, which is more or less in line with the market.
In the last month LVLT has a been trading in the 50.82 - 55.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of LVLT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
50.79
56.06
We found 1 important support area.
- A support zone ranging from 51.30 to 51.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 53.80 to 54.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 55.37 to 55.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for LVLT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LVLT is down. |
| ChartMill Relative Strength | 41.28 | NEUTRAL | LVLT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LVLT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LVLT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LVLT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.93 | NEUTRAL | The RSI value for LVLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests LVLT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.7 | NEUTRAL | The Stochastics value for LVLT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for LVLT suggests low volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
53.63
+0.93 (+1.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.76%
1 Week0.81%
2 Weeks0.3%
1 Month-3.02%
3 Month-6.54%
6 Month-6.96%
12 Month4.14%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.95
ATR(20)%1.55%
ATR Inc81.34%
Range Today0.97
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.28
Mansfield-1.31
10 Day High53.9
10 Day Low50.82
20 Day High55.82
20 Day Low50.82
52 Week High64.61
52 Week Low50.82
CS1 End51.3
CR1 Start53.8
Volume & EV
DER(3)5.52%
DER(5)4.18%
Volume3.12M
Volume Incr-13.71%
Vol(5)3.41M
Vol(50)3.01M