LYONDELLBASELL INDU-CL A (LYB) Technical Analysis
NYSE:LYB • NL0009434992
Current stock price
LYB Technical Rating and Analysis
Overall LYB gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LYB is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- LYB is one of the better performing stocks in the Chemicals industry, it outperforms 82% of 83 stocks in the same industry.
- LYB is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so LYB is leading the market.
- In the last month LYB has a been trading in the 58.88 - 83.94 range, which is quite wide. It is currently trading near the high of this range.
- LYB has an average volume of 8399200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, LYB did better than 91% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
LYB Weekly and Daily overview Charts
LYB Setup Rating and Analysis
Although LYB has an excellent technical rating, it does not present a decent entry opportunity 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
LYB Support and Resistance Analysis
58.82
When analyzing the support we notice one important area.
- Support @59.41 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @80.57 from a horizontal line in the weekly time frame.
LYB 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 LYB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LYB is up. |
| ChartMill Relative Strength | 91.75 | POSITIVE | LYB has a high relative strength, it outperformed 91.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LYB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LYB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LYB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.71 | OVERBOUGHT | The high RSI value suggests LYB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests LYB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.2 | OVERBOUGHT | The high Stochastics value suggests LYB may be overbought. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for LYB suggests some volalility. |
| Average Directional Index/ADX (14) | 42.13 | POSITIVE | The high ADX value value for LYB suggests a strong trend. |
LYB Chart- and CandleStick Pattern Analysis
LYB Technicals: Chart, Performance Metrics, Trend & Indicators
80.56
-1.82 (-2.21%)
LYONDELLBASELL INDU-CL A / LYB TA FAQ
Can you provide the ChartMill technical rating for LYONDELLBASELL INDU-CL A?
ChartMill assigns a technical rating of 9 / 10 to LYB.
What is the current trend direction of LYONDELLBASELL INDU-CL A (LYB) stock?
The current trend direction for LYONDELLBASELL INDU-CL A (LYB) is Bullish.
Can you provide the RSI signal for LYONDELLBASELL INDU-CL A?
LYONDELLBASELL INDU-CL A (LYB) has an RSI value of 71.7066. This indicates that the stock is currently overbought.
What is the MACD signal for LYONDELLBASELL INDU-CL A (LYB) stock?
The MACD indicator for LYONDELLBASELL INDU-CL A (LYB) has a value of 0.458809, indicating a bearish trend.
What is the support and resistance level for LYB stock?
LYONDELLBASELL INDU-CL A (LYB) has a support level at 59.41 and a resistance level at 80.57. Check the full technical report for our detailed analysis of LYB support and resistance levels.