LIVE NATION ENTERTAINMENT IN (LYV) Stock Technical Analysis
USA - NYSE:LYV - US5380341090 - Common Stock
We assign a technical rating of 4 out of 10 to LYV. 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.
LYV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
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144.68
When analyzing the support we can see 3 important areas.
- Support @152.85 from a horizontal line in the weekly time frame.
- Support @149.94 from a horizontal line in the daily time frame.
- A support zone ranging from 146.14 to 147.31. 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 152.92 to 156.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 173.74 to 174.07. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for LYV is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LYV is down. |
| ChartMill Relative Strength | 76.5 | POSITIVE | LYV has a high relative strength, it outperformed 76.5% 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) | UP | POSITIVE | The current price of LYV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.61 | NEUTRAL | The RSI value for LYV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests LYV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.08 | NEUTRAL | The Stochastics value for LYV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for LYV suggests some volalility. |
| Average Directional Index/ADX (14) | 23.83 | NEUTRAL | The ADX value for LYV suggests a possible start of a new trend. |
152.86
-0.47 (-0.31%)
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 4 / 10 to LYV.
What is the trend direction for LYV stock?
The current trend direction for LIVE NATION ENTERTAINMENT IN (LYV) is Bullish.
What is the RSI signal for LYV stock?
LIVE NATION ENTERTAINMENT IN (LYV) has an RSI value of 40.6061. 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 negative.
Can you provide the support and resistance levels for LIVE NATION ENTERTAINMENT IN?
LIVE NATION ENTERTAINMENT IN (LYV) has a support level at 152.85 and a resistance level at 152.92. Check the full technical report for our detailed analysis of LYV support and resistance levels.