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Advanced TA SearchArchive - 5/10/2024 - Sign In to see current Signals. |
Live Natio (LYV) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a second positive week after 5 consecutive negative weeks for the Live Natio (LYV). During the week, the LYV gained 2.36 points, or 2.49%, and closed at 97.02 on Friday, May 10, 2024. LYV was trading at average weekly trading volume. 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 (99.47) 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 LYV medium-term trend chart] A medium-term downtrend had started on March 28, 2024 at 107.24 and reached 87.61 on May 2, 2024. LYV lost 19.63 points, or 18.30%, in 5 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (87.17) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. LYV may retest the broken resistance line. It is considered to be a support 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 resistance line in a medium-term trend. Weekly Technical Indicators: [See LYV weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since April 19, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help. Short-term trend: [See LYV short-term trend chart] A short-term uptrend had started on May 2, 2024 at 87.61 and reached 98.18 on May 7, 2024. LYV gained -10.57 points, or -12.06%, in 5 days. The price is now at the 10.97% retracement level. Daily Technical Indicators: [See LYV 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. 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 daily MACD line is above its signal line since May 2, 2024. This is an indication that the short-term trend is up.
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