We assign a technical rating of 2 out of 10 to LEO. LEO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, LEO is a bad performer in the overall market: 86% of all stocks are doing better.
LEO is one of the lesser performing stocks in the Metals & Mining industry. 73% of 822 stocks in the same industry do better.
LEO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month LEO has a been trading in the 0.05 - 0.19 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!