LYONDELLBASELL INDU-CL A (LYB) Stock Technical Analysis
USA - NYSE:LYB - NL0009434992 - Common Stock
49.04 USD
-0.04 (-0.08%)
48.99 USD
-0.05 (-0.1%)
Taking everything into account, LYB scores 0 out of 10 in our technical rating. LYB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
95% of all other stocks performed better in the past year than LYB.
LYB is one of the lesser performing stocks in the Chemicals industry. 80% of 83 stocks in the same industry do better.
LYB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month LYB has a been trading in the 48.13 - 56.30 range, which is quite wide. It is currently trading near the lows of this range.
LYB has an average volume of 5208030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LYB has a poor technical rating and the quality of the setup is also only medium 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
47.85
62.91
When analyzing the support we notice one important area.
- A support zone ranging from 48.33 to 49.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 50.76 to 51.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 54.53 to 55.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @62.29 from a trend 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 LYB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LYB is down. |
| ChartMill Relative Strength | 5.79 | NEGATIVE | LYB has a low relative strength, it was outperformed by 94.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LYB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LYB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LYB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.8 | NEUTRAL | The RSI value for LYB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests LYB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.42 | OVERSOLD | The low Stochastics value suggests LYB may be oversold. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for LYB suggests some volalility. |
| Average Directional Index/ADX (14) | 17.78 | NEGATIVE | The low ADX value for LYB suggests a weak or negative trend. |
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)
49.04
-0.04 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.08%
1 Week-2.64%
2 Weeks-6.86%
1 Month-12.18%
3 Month-20.92%
6 Month-15.42%
12 Month-49.31%
2 Year-48.22%
3 Year-34.86%
5 Year-30.43%
10 Year-41.17%
15 YearN/A
Volatility
ATR(14)1.68
ATR(20)%3.55%
ATR Inc-42.34%
Range Today0.92
ADR(20)1.66
ADR(20)%3.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.79
Mansfield-3.5
10 Day High55.17
10 Day Low48.13
20 Day High56.3
20 Day Low48.13
52 Week High96.52
52 Week Low47.55
CS1 End49.03
CR1 Start50.76
Volume & EV
DER(3)-0.81%
DER(5)0.25%
Volume4.71M
Volume Incr13.72%
Vol(5)5.27M
Vol(50)5.21M