Figure 1. LIHC Price Chart
Price and moving averages:
LIHC has closed below its Short time moving average.
Short time moving average is currently below mid-time, and below long time moving averages.
The relationship between price and moving averages is: bearish in short-term, and neutral in mid-long term.
Bollinger Bands:
LIHC has closed above bottom band by 23.8%.
Bollinger Bands are 107.2% wider than normal.
The large width of the bands suggest high volatility as compared to LIHC's normal range. Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the near-term. The bands have been in this wide range for 6 bars.The probability of prices consolidating into a less volatile trading range increases the longer the bands remain in this wide range.
LIHC has closed below its Short time moving average.
Short time moving average is currently below mid-time, and below long time moving averages.
The relationship between price and moving averages is: bearish in short-term, and neutral in mid-long term.
Bollinger Bands:
LIHC has closed above bottom band by 23.8%.
Bollinger Bands are 107.2% wider than normal.
The large width of the bands suggest high volatility as compared to LIHC's normal range. Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the near-term. The bands have been in this wide range for 6 bars.The probability of prices consolidating into a less volatile trading range increases the longer the bands remain in this wide range.
Historical Volatility:
50 day Historical Volatility is 77% (desired: greater than 40%).
6/100 day ratio Historical Volatility is 1.75 ( desired: less than 0.50).Trend Direction and Strength:
LIHC is still moving downward in a very strong trend strength.
Note: A possible reversal pattern and bottom swing can be seen as a result of last Fridays trading.
Support/Resistance Lines:
Support: 4.80Resistance: 6.30
Figure 2. Other Technical Indicators
RSI:
The RSI is below 30. This is where it usually bottoms.
A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last Signal was a buy 16 periods ago.
Stochastic:
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 38.10. This is not an overbought or oversold reading. The last signal was a buy 3 periods ago.
MACD:
The MACD can provide buy/sell indications in three ways, signal line crossovers, overbought/oversold conditions, and divergences.
Currently the MACD is bearish since it is trading below its signal line. The MACD crossed below its signal line 39 period(s) ago.
The MACD is not in an Overbought/Oversold range.
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Easy investment:Bollinger bands, Technical Analysis (2010/02/19)
http://easy-happy-invest.blogspot.com/2010/02/bollinger-bands-technical-analysis.html
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