LIVE NATION ENTERTAINMENT IN (LYV) Technical Analysis
NYSE:LYV • US5380341090
Current stock price
LYV Technical Rating and Analysis
Taking everything into account, LYV scores 5 out of 10 in our technical rating. In the last year, LYV was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- Looking at the yearly performance, LYV did better than 72% of all other stocks.
- LYV is part of the Entertainment industry. There are 79 other stocks in this industry. LYV outperforms 76% of them.
- LYV has an average volume of 3078550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- LYV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LYV is lagging the market slightly.
- In the last month LYV has a been trading in the 144.00 - 167.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LYV Weekly and Daily overview Charts
LYV Setup Rating and Analysis
LYV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 155.24, a Stop Loss order could be placed below this zone.
More info and screens
LYV Support and Resistance Analysis
135.05
When analyzing the support we can see 4 important areas.
- A support zone ranging from 151.31 to 155.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 145.70 to 146.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 140.83 to 141.64. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 136.41 to 136.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @159.78 from a trend line in the weekly time frame.
- A resistance zone ranging from 162.67 to 164.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
LYV Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for LYV is neutral. |
| ChartMill Relative Strength | 72.35 | POSITIVE | LYV has a high relative strength, it outperformed 72.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LYV is above a declining 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) | 52.49 | NEUTRAL | The RSI value for LYV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests LYV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53 | NEUTRAL | The Stochastics value for LYV is a neutral value. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for LYV suggests some volalility. |
| Average Directional Index/ADX (14) | 18.47 | NEGATIVE | The low ADX value for LYV suggests a weak or negative trend. |
LYV Chart- and CandleStick Pattern Analysis
LYV Technicals: Chart, Performance Metrics, Trend & Indicators
155.75
+3.12 (+2.04%)
LIVE NATION ENTERTAINMENT IN / LYV TA FAQ
What is the technical rating for LYV stock?
ChartMill assigns a technical rating of 5 / 10 to LYV.
What is the current trend direction of LIVE NATION ENTERTAINMENT IN (LYV) stock?
The current trend direction for LIVE NATION ENTERTAINMENT IN (LYV) is Bearish.
What is the RSI signal for LIVE NATION ENTERTAINMENT IN (LYV) stock?
LIVE NATION ENTERTAINMENT IN (LYV) has an RSI value of 52.4859. 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.
What is the support and resistance level for LYV stock?
LIVE NATION ENTERTAINMENT IN (LYV) has a support level at 155.24 and a resistance level at 159.78. Check the full technical report for our detailed analysis of LYV support and resistance levels.