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Advanced TA SearchArchive - 5/10/2024 - Sign In to see current Signals. |
Las Vegas (LVS) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Las Vegas (LVS). During the week, the LVS gave back -0.33 points, or -0.70%, and closed at 46.54 on Friday, May 10, 2024. Weekly volume was -24% below average. LVS is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See LVS long-term trend chart] A long-term uptrend had started on May 12, 2022 at 28.88 and reached 65.58 on May 1, 2023. LVS gained -36.70 points, or -127.08%, in 50 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (50.13) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend. Medium-term trend: [See LVS medium-term trend chart] A medium-term uptrend had started on October 5, 2023 at 43.77 and reached 55.65 on February 16, 2024. LVS gained -11.88 points, or -27.14%, in 19 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (51.25) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend. Weekly Technical Indicators: [See LVS weekly technical indicators chart] Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is below its signal line since April 12, 2024. Use the following link to access a MACD help. Short-term trend: [See LVS short-term trend chart] A short-term downtrend had started on April 4, 2024 at 54.54 and reached 44.00 on May 1, 2024. LVS lost 10.54 points, or 19.33%, in 27 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level. Daily Technical Indicators: [See LVS daily technical indicators chart] Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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