Taking everything into account, LEVL scores 5 out of 10 in our technical rating. LEVL was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
LEVL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 39.92, a Stop Loss order could be placed below this zone.
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31.87
When analyzing the support we can see 4 important areas.
- A support zone ranging from 39.58 to 39.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.43 from a trend line in the weekly time frame.
- Support @32.98 from a trend line in the weekly time frame.
- Support @32.19 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 40.12 to 41.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.19 to 42.20. 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 LEVL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LEVL is neutral. |
| ChartMill Relative Strength | 93.11 | POSITIVE | LEVL has a high relative strength, it outperformed 93.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LEVL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LEVL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LEVL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.07 | NEUTRAL | The RSI value for LEVL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests LEVL has a negative trend. |
| Stochastics (14,3) | 27.57 | NEUTRAL | The Stochastics value for LEVL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for LEVL suggests low volalility. |
39.93
-0.38 (-0.94%)
LEVEL ONE BANCORP INC / LEVL FAQ
What is the ChartMill technical rating of LEVEL ONE BANCORP INC (LEVL) stock?
ChartMill assigns a technical rating of 4 / 10 to LEVL.
Can you provide the trend direction for LEVEL ONE BANCORP INC?
The current trend direction for LEVEL ONE BANCORP INC (LEVL) is Bullish.
What is the RSI signal for LEVL stock?
LEVEL ONE BANCORP INC (LEVL) has an RSI value of 43.0657. This indicates that the stock is currently neutral.
What is the MACD signal for LEVL stock?
The MACD indicator for LEVEL ONE BANCORP INC (LEVL) has a value of -0.109471, indicating a bearish trend.
What is the short term momentum for LEVL stock?
The short term momentum for LEVEL ONE BANCORP INC (LEVL) is neutral.