LIVE NATION ENTERTAINMENT IN (LYV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LYV - US5380341090 - Common Stock
We assign a technical rating of 1 out of 10 to LYV. LYV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
LYV has a poor technical rating and the quality of the setup is also not perfect 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
122.25
4 important support areas can be observed.
- A support zone ranging from 132.95 to 134.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @130.62 from a horizontal line in the weekly time frame.
- A support zone ranging from 125.60 to 126.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @123.48 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 139.62 to 143.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 LYV is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LYV is neutral. |
| ChartMill Relative Strength | 25.96 | NEGATIVE | LYV has a low relative strength, it was outperformed by 74.04% 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) | DOWN | NEGATIVE | The current price of LYV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LYV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.05 | NEUTRAL | The RSI value for LYV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.04 | POSITIVE | The MACD value suggests LYV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.87 | NEUTRAL | The Stochastics value for LYV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for LYV suggests some volalility. |
| Average Directional Index/ADX (14) | 28.59 | POSITIVE | The high ADX value value for LYV suggests a strong trend. |
138.88
+2.47 (+1.81%)
LIVE NATION ENTERTAINMENT IN / LYV FAQ
What is the ChartMill technical rating of LIVE NATION ENTERTAINMENT IN (LYV) stock?
ChartMill assigns a technical rating of 1 / 10 to LYV.
What is the trend direction for LYV stock?
The current trend direction for LIVE NATION ENTERTAINMENT IN (LYV) is Bearish.
What is the RSI signal for LYV stock?
LIVE NATION ENTERTAINMENT IN (LYV) has an RSI value of 46.0483. This indicates that the stock is currently neutral.
What is the short term momentum for LYV stock?
The short term momentum for LIVE NATION ENTERTAINMENT IN (LYV) is neutral.
Can you provide the support and resistance levels for LIVE NATION ENTERTAINMENT IN?
LIVE NATION ENTERTAINMENT IN (LYV) has a support level at 134.96 and a resistance level at 139.62. Check the full technical report for our detailed analysis of LYV support and resistance levels.