Technical Analysis of LAS VEGAS SANDS CORP(NYSE:LVS) stock

Technical Rating

We assign a technical rating of 7 out of 10 to LVS. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

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, LVS did better than 95% of all other stocks. On top of that, LVS also shows a nice and consistent pattern of rising prices.

LVS is part of the Hotels, Restaurants & Leisure industry. There are 146 other stocks in this industry. LVS outperforms 90% of them.

LVS is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so LVS slightly outperforms the market at the moment.

LVS has an average volume of 4992820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

In the last month LVS has a been trading in the 51.82 - 60.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Considerably lower volume is observed in the last couple of days.

Statistics

1 Month

3 Months

6 Months

12 Months

-5.51%

19.51%

53.12%

45.37%

SMA(20)

SMA(50)

SMA(100)

SMA(200)

52 Wk Range

ST Trend

LT Trend

95.12

28.875 - 60.99

Support/Resistance Analysis

38.08

58.02

4 important support areas can be observed.

A support zone ranging from 54.34 to 55.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @53.10 from a horizontal line in the daily time frame.
Support @40.23 from a trend line in the weekly time frame.
Support @38.46 from a trend line in the daily time frame.

Setup Analysis

Setup Rating

Although LVS has an excellent technical rating, the quality of the presented setup is not ideal 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.

Possible Trading Setup

Given the decent technical rating and the setup score, we can suggest the following trade.

ENTRY	EXIT	DISTANCE	CAPITAL
57.52	54.33	3.19 (5.55%)	18.03%
An entry @57.52. This is a Buy Stop order right above the 10 day high.	An exit @54.33. This is a Stop Loss order right below the support zone.	The trade has a worst case loss of 3.19 points, which is 5.55%.	When investing 18.03% of your capital in this trade, your total portfolio risk will be 1.00%.

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.

LAS VEGAS SANDS CORP57.45

NYSE:LVS (3/31/2023, 7:04:00 PM)+1.91 (+3.44%)

After market: 57.2 -0.25 (-0.44%)

Chartmill TA Rating

Chartmill Setup Rating

Sector

GICS SectorConsumer Discretionary

GICS IndustryHotels, Restaurants & Leisure

Performance

Today3.44%

1 Week5.7%

2 Weeks5.05%

1 Month-5.51%

3 Month19.51%

6 Month53.12%

Volatility

ATR(14)1.6

ATR(20)%2.82%

ATR Inc-12.5%

Range Today1.64

Trend & SMA

ST Trend

LT Trend

SMA(5)

SMA(10)

SMA(20)

SMA(50)

SMA(100)

SMA(200)

Relative Strength & Ranges

CRS95.12

Mansfield2.99

10 Day High57.51

10 Day Low53.42

20 Day High60.66

20 Day Low51.82

52 Week High60.99

52 Week Low28.88

CS1 End55.76

CR1 StartN/A

Volume & EV

DER(3)1.06%

DER(5)1.29%

Volume4.27M

Volume Incr-39.8%

Vol(5)3.06M

Vol(50)4.99M

LAS VEGAS SANDS CORP (LVS) 57.45 +1.91 (+3.44%)

57.45 +1.91 (+3.44%)

Technical Rating

Statistics

Support/Resistance Analysis

Setup Analysis

Setup Rating

Possible Trading Setup

LAS VEGAS SANDS CORP57.45

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