LINDE PLC (LIN) Stock Technical Analysis
NASDAQ:LIN - Nasdaq - IE000S9YS762 - Common Stock - Currency: USD
Taking everything into account, LIN scores 7 out of 10 in our technical rating. LIN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
In the last month LIN has a been trading in the 434.49 - 466.03 range, which is quite wide. It is currently trading near the high of this range.
LIN has an average volume of 2316930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, LIN turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
LIN is an average performer in the Chemicals industry, it outperforms 69% of 85 stocks in the same industry.
LIN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LIN is lagging the market.
Besides having an excellent technical rating, LIN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 460.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 445.97, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
400.00
491.32
When analyzing the support we can see 3 important areas.
- A support zone ranging from 437.77 to 445.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 412.90 to 418.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @404.04 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 460.11 to 465.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @478.25 from a horizontal line in the daily time frame.
- A resistance zone ranging from 486.46 to 486.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.51
Mansfield-0.56
10 Day High466.03
10 Day Low450.05
20 Day High466.03
20 Day Low434.49
52 Week High487.49
52 Week Low410.69
Performance
1 Week-0.66%
2 Weeks-0.58%
1 Month3.89%
3 Month0.71%
6 Month-1.66%
12 Month2.33%
2 Year31.47%
3 Year56.19%
5 Year139.78%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)57.82
LBB451.98
UBB465.8
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 465.48 | 450.04 | 15.44 (3.32%) | 25.00% |
| An entry @465.48. This is a Buy Stop order right above the resistance zone. | An exit @450.04. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 15.44 points, which is 3.32%. | For a 0.83% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
458
-3.9 (-0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.84%
1 Week-0.66%
2 Weeks-0.58%
1 Month3.89%
3 Month0.71%
6 Month-1.66%
12 Month2.33%
2 Year31.47%
3 Year56.19%
5 Year139.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.64
ATR(20)%1.62%
ATR Inc-31.66%
Range Today7.65
ADR(20)7.22
ADR(20)%1.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.51
Mansfield-0.56
10 Day High466.03
10 Day Low450.05
20 Day High466.03
20 Day Low434.49
52 Week High487.49
52 Week Low410.69
CS1 End445.97
CR1 Start460.11
Volume & EV
DER(3)0.83%
DER(5)0.33%
Volume1.94M
Volume Incr-13.28%
Vol(5)1.93M
Vol(50)2.32M