LYONDELLBASELL INDU-CL A (LYB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LYB - NL0009434992 - Common Stock
Taking everything into account, LYB scores 1 out of 10 in our technical rating. LYB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of LYB is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
41.95
We found 1 important support area.
- A support zone ranging from 42.37 to 43.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 48.43 to 48.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @49.47 from a horizontal line in the daily time frame.
- Resistance @57.49 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 | NEUTRAL | NEUTRAL | The short term trend for LYB is neutral. |
| ChartMill Relative Strength | 11.79 | NEGATIVE | LYB has a low relative strength, it was outperformed by 88.21% 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) | DOWN | MIXED | The current price of LYB is above 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) | 60.86 | NEUTRAL | The RSI value for LYB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.63 | POSITIVE | The MACD value suggests LYB has a positive trend. |
| Stochastics (14,3) | 93.49 | OVERBOUGHT | The high Stochastics value suggests LYB may be overbought. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for LYB suggests some volalility. |
| Average Directional Index/ADX (14) | 19.98 | NEGATIVE | The low ADX value for LYB suggests a weak or negative trend. |
48.42
+1.41 (+3%)
LYONDELLBASELL INDU-CL A / LYB FAQ
Can you provide the ChartMill technical rating for LYONDELLBASELL INDU-CL A?
ChartMill assigns a technical rating of 1 / 10 to LYB.
What is the trend direction for LYB stock?
The current trend direction for LYONDELLBASELL INDU-CL A (LYB) is Bearish.
What is the RSI signal for LYONDELLBASELL INDU-CL A (LYB) stock?
LYONDELLBASELL INDU-CL A (LYB) has an RSI value of 60.8566. This indicates that the stock is currently neutral.
What are the support and resistance levels for LYONDELLBASELL INDU-CL A (LYB) stock?
LYONDELLBASELL INDU-CL A (LYB) has a support level at 43.01 and a resistance level at 48.43. Check the full technical report for our detailed analysis of LYB support and resistance levels.