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Archive - 4/17/2025 - Sign In to see current Signals. |
LyondellBasell (LYB) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the LyondellBasell (LYB). During the week, the LYB gave back -0.12 points, or -0.21%, and closed at 56.77 on Thursday, April 17, 2025. Weekly volume was 81% above average.
Long-term trend: [See LYB long-term trend chart] A long-term downtrend had started on May 8, 2024 at 107.02 and reached 51.11 on April 9, 2025. LYB lost 55.91 points, or 52.24%, in 48 weeks. The chart has formed a Falling Channel chart pattern. The downtrend support line (60.90) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. 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 LYB medium-term trend chart] A medium-term downtrend had started on January 28, 2025 at 79.39 and reached 51.11 on April 9, 2025. LYB lost 28.28 points, or 35.62%, in 10 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 48.22 and resistance is at 74.69. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See LYB weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since March 28, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See LYB short-term trend chart] A short-term uptrend had started on April 9, 2025 at 51.11 and reached 58.59 on April 14, 2025. LYB gained -7.48 points, or -14.64%, in 5 days. The chart has formed a Rising Wedge chart pattern. The trend support level is at 56.34 and resistance is at 59.43. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a short-term trend.
Daily Technical Indicators: [See LYB daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since March 10, 2025. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The distance between the Bollinger Bands is 444.47% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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