Stronger Sell Today LN ranks #3540 as SELL CANDIDATE. Weaker Sell
Today LN ranks #3540 as SELL CANDIDATE.

LN stock LINE Corporation American Depositary Shares (each representing one share of)

LN stock
LINE Corporation American Depositary Shares (each representing one share of)

March 20, 2019
Change 0.17%
Chart period: 2018-12-21 - 2019-03-20
VOLUME
Buy
TREND
Buy

MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

Will LN stock price go up or down on Thu, 21 Mar 2019?

LINE Corporation American Depositary Shares (each representing one share of) Forecast and Stock Analysis

Technical LN stock analysis for March 20, 2019.

Sell candidate since 2019-03-20
Shorts 4.25% ( 2019-02-28 )
Cash 1 214.7 mill
Loans n/a
Beta 1.34
ROA -0.95

LINE Corporation American Depositary Shares (each representing one share of) gained 0.17% in the last trading day, rising from $34.44 to $34.50 The price has fallen in 6 of the last 10 days and is down by -5.09% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 22 667 more shares were traded than the day before. In total, 86 789 shares bought and sold for approximately $2.99 million.

Close price at the end of the last trading day (Wednesday, 20th Mar 2019) of the LN stock was $34.50. This is 0.17% more than the trading day before Tuesday, 19th Mar 2019.

During day the stock fluctuated 1.43% from a day low at $34.30 to a day high of $34.79.

30 day high of the LN stock price was $38.24 and low was $34.01.
90 day high was $39.28 and low was $32.06.
52 week high for the LINE Corporation American Depositary Shares (each representing one share of) - $46.48 and low - $27.66.

Trend

LINE Corporation American Depositary Shares (each representing one share of) lies in the lower part of a wide and weak rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $33.33 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.29% during the next 3 months and, with 90% probability hold a price between $34.09 and $40.10 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

A buy signal was issued from a pivot bottom point on Tuesday March 19, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. LINE Corporation American Depositary Shares (each representing one share of) holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $34.86 and $36.25. A break-up above any of these levels will issue buy signals.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 31 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

LINE Corporation American Depositary Shares (each representing one share of) finds support from accumulated volume at $34.11.

Support: $34.11 Price: $34.50 Resistance: $34.95

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.49 (1.43%) between high and low. For the last week, the stock has had a daily average volatility of 1.31%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Evaluation: Sell Candidate

The LINE Corporation American Depositary Shares (each representing one share of) stock holds several negative signals and despite the positive trend we believe LINE Corporation American Depositary Shares (each representing one share of) will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.

Stronger Sell Today LN ranks #3540 as SELL CANDIDATE. Weaker Sell
Today LN ranks #3540 as SELL CANDIDATE.