LIVE NATION ENTERTAINMENT IN (LYV) Stock Technical Analysis
NYSE:LYV - New York Stock Exchange, Inc. - US5380341090 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to LYV. Although LYV is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Looking at the yearly performance, LYV did better than 90% of all other stocks. On top of that, LYV also shows a nice and consistent pattern of rising prices.
LYV is part of the Entertainment industry. There are 72 other stocks in this industry. LYV outperforms 84% of them.
In the last month LYV has a been trading in the 113.20 - 134.83 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
LYV has an average volume of 2866650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
LYV is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is only medium, LYV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for LYV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
103.38
136.01
3 important support areas can be observed.
- Support @123.64 from a trend line in the weekly time frame.
- A support zone ranging from 119.26 to 120.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @104.42 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @127.55 from a trend line in the daily time frame.
- A resistance zone ranging from 129.61 to 130.00. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 133.76 to 134.66. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS90.73
Mansfield1.91
10 Day High133.31
10 Day Low113.2
20 Day High134.83
20 Day Low113.2
52 Week High157.75
52 Week Low86.81
Performance
1 Week-1.56%
2 Weeks0.92%
1 Month4.16%
3 Month-6.19%
6 Month10.68%
12 Month41.42%
2 Year87.7%
3 Year21.3%
5 Year183.53%
10 Year407.66%
15 Year710.84%
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)0.62
RSI(14)48.76
LBB118.03
UBB136.66
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 |
|---|---|---|---|
| 127.56 | 123.63 | 3.93 (3.08%) | 25.00% |
| An entry @127.56. This is a Buy Stop order right above the resistance zone. | An exit @123.63. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.93 points, which is 3.08%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%. |
- The distance between exit and entry is rather small compared to the average daily movement of LYV. Please evaluate whether better entry and exit points can be found.
- 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.
127.22
+1.76 (+1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg1.4%
1 Week-1.56%
2 Weeks0.92%
1 Month4.16%
3 Month-6.19%
6 Month10.68%
12 Month41.42%
2 Year87.7%
3 Year21.3%
5 Year183.53%
10 Year407.66%
15 Year710.84%
Volatility
ATR(14)6.95
ATR(20)%4.74%
ATR Inc-37.18%
Range Today3.6
ADR(20)5.45
ADR(20)%4.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.73
Mansfield1.91
10 Day High133.31
10 Day Low113.2
20 Day High134.83
20 Day Low113.2
52 Week High157.75
52 Week Low86.81
CS1 End123.64
CR1 Start127.55
Volume & EV
DER(3)3.44%
DER(5)3.94%
Volume2.57M
Volume Incr-32.07%
Vol(5)2.00M
Vol(50)2.87M