NYSE:LYV • US5380341090
We assign a technical rating of 7 out of 10 to LYV. LYV has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although LYV 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.
135.05
When analyzing the support we can see 2 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for LYV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LYV is up. |
| ChartMill Relative Strength | 72.87 | POSITIVE | LYV has a high relative strength, it outperformed 72.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LYV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LYV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LYV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.57 | OVERBOUGHT | The high RSI value suggests LYV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.55 | POSITIVE | The MACD value suggests LYV has a positive trend. |
| Stochastics (14,3) | 82.23 | OVERBOUGHT | The high Stochastics value suggests LYV may be overbought. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for LYV suggests some volalility. |
| Average Directional Index/ADX (14) | 23.23 | NEUTRAL | The ADX value for LYV suggests a possible start of a new trend. |
162.67
+5.21 (+3.31%)
ChartMill assigns a technical rating of 7 / 10 to LYV.
The current trend direction for LIVE NATION ENTERTAINMENT IN (LYV) is Bearish.
LIVE NATION ENTERTAINMENT IN (LYV) has an RSI value of 70.5725. This indicates that the stock is currently overbought.
The short term momentum for LIVE NATION ENTERTAINMENT IN (LYV) is positive.