The Greedy Trader Weekly Analysis
Sign In May 3, 2024
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 4/26/2024 -
Sign In to see current Signals.

Live Natio (LYV) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Weekly  MACD line has moved below its signal lineBroken trend resistance lineBroken trend support line
Daily :Lane's Stochastic oversoldWilliams' Percentage Range is strongly oversoldStochastic has raised above the signal lineRelative Strength Index, Lane's Stochastic and MACD bullish divergenceThe period of high volatility of the stock price
Move cursor over the icon to see details.

It was the negative week for the Live Natio (LYV). During the week, the LYV gave back -0.13 points, or -0.14%, and closed at 89.83 on Friday, April 26, 2024. Weekly volume was -7% below average.

Long-term trend: [See LYV long-term trend chart]
A long-term uptrend had started on October 27, 2023 at 76.48 and reached 107.24 on March 28, 2024. LYV gained -30.76 points, or -40.22%, in 21 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (97.68) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. LYV may retest the broken support line. It is considered to be a resistance line now. 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 LYV medium-term trend chart]
A medium-term downtrend had started on March 28, 2024 at 107.24 and reached 87.78 on April 26, 2024. LYV lost 19.46 points, or 18.15%, in 4 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (85.69) 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 medium-term trend.

Weekly Technical Indicators: [See LYV weekly technical indicators chart]
Weekly technical indicators are neutral.

During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.

Short-term trend: [See LYV short-term trend chart]
A short-term downtrend had started on April 23, 2024 at 92.08 and reached 87.78 on April 26, 2024. LYV lost 4.30 points, or 4.67%, in 3 days. The price is now at the 47.67% retracement level.

Daily Technical Indicators: [See LYV daily technical indicators chart]
Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Daily Relative Strength Index, Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index, Lane's Stochastic and MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The daily MACD line is below its signal line since March 27, 2024. This is an indication that the short-term trend is down.

The distance between the Bollinger Bands is 122.65% 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 20.80
Bullish
Williams' Percentage Range (W%R) 96.80
Strong Oversold
Lane's Stochastic (%D-Slow) 11.64
Oversold Bullish
Greed/Fear Indicator (GFI) 11.87
Oversold
Moving Average Converg./Diverg. (MACD) -2.24 Bullish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.17
Williams' Percentage Range (W%R) 72.90
Lane's Stochastic (%D-Slow) 56.67
Greed/Fear Indicator (GFI) 44.79
Moving Average Converg./Diverg. (MACD) 3.67
Trading Signals
Description Value Chart
Upper Bollinger Band 108.04
50 Day Moving Average 98.63
Monthly Trendline Support 97.68
Weekly Stochastic Crossing 97.03
20 Day Moving Average 96.99
Parabolic System 90.75
Price 89.83
Weekly Trendline Resistance 88.82
Daily Stochastic Crossing 88.73
Weekly Trendline Support 85.69
Lower Bollinger Band 82.22
Sector and Industry
Description Name Rank
Sector Communication Services 5
Industry Movies & Entertainment 79
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 92.08
High Date 04/23/2024
Low 87.78
Low Date 04/26/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 88.82
Support 85.69
High 107.24
High Date 03/28/2024
Low 87.78
Low Date 04/26/2024
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 110.82
Support 97.68
Low 76.48
Low Date 10/27/2023
High 107.24
High Date 03/28/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 64.32
Low Date 03/24/2023
High 107.24
High Date 03/28/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 127.75
High Date 11/05/2021
Low 64.32
Low Date 03/24/2023
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.