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Downtrend Broken Resist.Archive - 4/24/2026 - 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 a first positive week after 3 consecutive negative weeks for the LyondellBasell (LYB). During the week, the LYB gained 3.60 points, or 5.43%, and closed at 69.87 on Friday, April 24, 2026. LYB was trading at average weekly trading volume. LYB is a member of Materials Sector. Materials is the second most overbought 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 LYB long-term trend chart] A long-term downtrend had started on May 8, 2024 at 107.02 and reached 41.58 on November 10, 2025. LYB lost 65.44 points, or 61.15%, in 78 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (27.19) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a long-term trend.
Medium-term trend: [See LYB medium-term trend chart] A medium-term uptrend had started on November 10, 2025 at 41.58 and reached 83.94 on March 31, 2026. LYB gained -42.36 points, or -101.88%, in 20 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 43.52 and resistance is at 91.05. A Broadening Ascending 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 Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See LYB weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. 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 above its signal line since November 21, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See LYB short-term trend chart] A short-term downtrend had started on March 31, 2026 at 83.94 and reached 65.76 on April 17, 2026. LYB lost 18.18 points, or 21.66%, in 17 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See LYB daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since April 1, 2026. This is an indication that the short-term trend is down. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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