LIVE NATION ENTERTAINMENT IN (LYV) Stock Technical Analysis
USA - NYSE:LYV - US5380341090 - Common Stock
Taking everything into account, LYV scores 0 out of 10 in our technical rating. LYV'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 LYV is bad and it also does not present a quality setup 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
130.03
We found 1 important support area.
- A support zone ranging from 131.34 to 132.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 145.75 to 145.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @150.76 from a horizontal 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 LYV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LYV is down. |
| ChartMill Relative Strength | 24.34 | NEGATIVE | LYV has a low relative strength, it was outperformed by 75.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LYV is below a declining 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) | 28.45 | OVERSOLD | The low RSI value suggests LYV may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.93 | NEGATIVE | The MACD value suggests LYV has a negative trend. |
| Stochastics (14,3) | 11.8 | OVERSOLD | The low Stochastics value suggests LYV may be oversold. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for LYV suggests some volalility. |
| Average Directional Index/ADX (14) | 40.39 | POSITIVE | The high ADX value value for LYV suggests a strong trend. |
132.42
-3.44 (-2.53%)
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 0 / 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 28.4523. This indicates that the stock is currently oversold.
What is the short term momentum for LYV stock?
The short term momentum for LIVE NATION ENTERTAINMENT IN (LYV) is negative.
Can you provide the support and resistance levels for LIVE NATION ENTERTAINMENT IN?
LIVE NATION ENTERTAINMENT IN (LYV) has a support level at 132.41 and a resistance level at 145.75. Check the full technical report for our detailed analysis of LYV support and resistance levels.