CONTEXTLOGIC INC - A (LOGC) Stock Technical Analysis
NASDAQ:LOGC - Nasdaq - US21077C3051 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to LOGC. LOGC was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, LOGC is a bad performer in the overall market: 100% of all stocks are doing better.
LOGC is part of the Broadline Retail industry. There are 32 other stocks in this industry, of which 100% are performing better than LOGC.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
In the last month LOGC has a been trading in the 6.86 - 8.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, LOGC does present a nice setup opportunity. 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 8.05. Right above this resistance zone may be a good entry point.
More info and screens
5.20
8.31
6 important support areas can be observed.
- Support @6.88 from a trend line in the daily time frame.
- Support @6.72 from a horizontal line in the weekly time frame.
- Support @6.61 from a trend line in the daily time frame.
- Support @6.45 from a horizontal line in the daily time frame.
- Support @6.28 from a horizontal line in the daily time frame.
- Support @5.25 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.05 to 8.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.23 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High8.32
10 Day Low7.52
20 Day High8.32
20 Day Low6.86
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-8.27%
2 Weeks-5.75%
1 Month7.1%
3 Month6.2%
6 Month37.59%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
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)-0.04
RSI(14)49.08
LBB7.56
UBB8.17
NASDAQ:LOGC (2/21/2025, 8:00:00 PM)
7.54
-0.22 (-2.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-2.84%
1 Week-8.27%
2 Weeks-5.75%
1 Month7.1%
3 Month6.2%
6 Month37.59%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%4.04%
ATR Inc-21.17%
Range Today0.26
ADR(20)0.3
ADR(20)%4.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High8.32
10 Day Low7.52
20 Day High8.32
20 Day Low6.86
52 Week HighN/A
52 Week LowN/A
CS1 End6.88
CR1 Start8.05
Volume & EV
DER(3)-0.9%
DER(5)-0.74%
Volume175.20K
Volume Incr-11.6%
Vol(5)157.40K
Vol(50)195.78K