LEVI STRAUSS & CO- CLASS A (LEVI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LEVI - US52736R1023 - Common Stock
Taking everything into account, LEVI scores 5 out of 10 in our technical rating. LEVI has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
LEVI has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
19.05
When analyzing the support we can see 4 important areas.
- A support zone ranging from 21.38 to 21.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.88 from a trend line in the daily time frame.
- Support @20.24 from a horizontal line in the weekly time frame.
- A support zone ranging from 19.24 to 19.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- Resistance @24.01 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 24.45 to 24.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for LEVI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LEVI is neutral. |
| ChartMill Relative Strength | 79.38 | POSITIVE | LEVI has a high relative strength, it outperformed 79.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LEVI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LEVI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LEVI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.38 | NEUTRAL | The RSI value for LEVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests LEVI has a positive trend. |
| Stochastics (14,3) | 63.49 | NEUTRAL | The Stochastics value for LEVI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for LEVI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.92 | NEGATIVE | The low ADX value for LEVI suggests a weak or negative trend. |
22.55
+0.61 (+2.78%)
LEVI STRAUSS & CO- CLASS A / LEVI FAQ
Can you provide the ChartMill technical rating for LEVI STRAUSS & CO- CLASS A?
ChartMill assigns a technical rating of 5 / 10 to LEVI.
What is the current trend direction of LEVI STRAUSS & CO- CLASS A (LEVI) stock?
The current trend direction for LEVI STRAUSS & CO- CLASS A (LEVI) is Bullish.
Can you provide the RSI signal for LEVI STRAUSS & CO- CLASS A?
LEVI STRAUSS & CO- CLASS A (LEVI) has an RSI value of 61.3838. This indicates that the stock is currently neutral.
What is the support and resistance level for LEVI stock?
LEVI STRAUSS & CO- CLASS A (LEVI) has a support level at 21.57 and a resistance level at 24.01. Check the full technical report for our detailed analysis of LEVI support and resistance levels.