We assign a technical rating of 3 out of 10 to LVRO. Recently some decent action could be observed, but in the medium term time frame this is still negative. LVRO was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, LVRO is a bad performer in the overall market: 94% of all stocks are doing better.
- LVRO is part of the Trading Companies & Distributors industry. There are 50 other stocks in this industry, of which 89% are performing better than LVRO.
- LVRO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month LVRO has a been trading in the 0.52 - 1.49 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.
- LVRO has an average volume of 2645700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, LVRO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.13. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for LVRO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.05
We found 1 important support area.
- Support @1.06 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.13 to 1.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.21 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 | DOWN | NEGATIVE | The long term trend for LVRO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LVRO is up. |
| ChartMill Relative Strength | 6.54 | NEGATIVE | LVRO has a low relative strength, it was outperformed by 93.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LVRO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LVRO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LVRO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.62 | NEUTRAL | The RSI value for LVRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests LVRO has a negative trend. |
| Stochastics (14,3) | 57.53 | NEUTRAL | The Stochastics value for LVRO is a neutral value. |
| Average True Range in percent/ATR (20) | 20.72 | HIGH VOLATILITY | The high ATR as a percentage value for LVRO suggests high volalility. |
| Average Directional Index/ADX (14) | 24.92 | NEUTRAL | The ADX value for LVRO suggests a possible start of a new trend. |
1.09
+0.02 (+1.87%)
LAVORO LTD-CL A / LVRO FAQ
What is the ChartMill technical rating of LAVORO LTD-CL A (LVRO) stock?
ChartMill assigns a technical rating of 3 / 10 to LVRO.
What is the trend direction for LVRO stock?
The current trend direction for LAVORO LTD-CL A (LVRO) is Bearish.
What is the RSI signal for LAVORO LTD-CL A (LVRO) stock?
LAVORO LTD-CL A (LVRO) has an RSI value of 54.6216. This indicates that the stock is currently neutral.
What is the MACD signal for LAVORO LTD-CL A (LVRO) stock?
The MACD indicator for LAVORO LTD-CL A (LVRO) has a value of -0.000755505, indicating a bearish trend.
What is the buy/sell signal for LAVORO LTD-CL A (LVRO) stock?
The buy/sell signal for LAVORO LTD-CL A (LVRO) is hold as the short term and long term trends are mixed.