L (L) — Downtrend in force
L (L) is trading at $106.03, +1.21 (+93.3%) on the session. Over the last 127 sessions the trend is down with a -1.6% move. Price is -11.2% from its 6-month high and +2.4% from its 6-month low. Annualised volatility (30-day) is ~11%.
Probability scenarios
Bearish bias — 2 bullish, 6 bearish, 0 neutral of 8 signals.
Trend Downtrend in force
L (L) is trading at $106.03. Over the last 127 sessions the trend is **down** with a -1.6% move.
Price is -11.2% from the 6-month high and +2.4% from the low. Annualised volatility (30-day) is ~11%.
Price is on the 15-day MA ($106.28) and below the 50-day SMA ($110.55).
Bollinger Bands Inside the bands — range-bound
Bollinger Bands (20, 2): price is at $106.03, upper $110.32, middle $106.91, lower $103.49. Price is inside the bands — range-bound.
Bandwidth is 6.4% of price — contracted (low volatility, breakout pending). Width contraction often precedes a directional breakout; expansion confirms one underway.
RSI (14) Below 50
RSI(14) is 37.4. Momentum has faded; the bullish case needs rebuilding.
Generally: above 70 = overheated, above 50 = bullish trend, below 50 = bearish trend, below 30 = oversold.
MACD (12, 26, 9) Bullish — fast line above signal
MACD (12, 26, 9): line $-1.40, signal $-1.51, histogram +0.111.
The fast line is above the signal line and the histogram is positive — a bullish configuration. Momentum is expanding.
Volume Analysis Accumulation — buyers in control
Over the recent 19 sessions, average up-day volume is 1.30× down-day volume. Price rises on heavier volume than it falls on — a sign buyers are more committed than sellers.
Rule of thumb: price up on high volume = accumulation; price down on high volume = distribution. Low-volume pullbacks after a rally are usually profit-taking, not panic.
Smart Money (A/D) Smart money distributing
The A/D line is falling and well off highs. If smart money were exiting you would expect lower highs and volume spikes on down days — distribution pressure is building.
A/D combines price position within the day's range with volume: rising = net buying pressure, falling = net selling pressure. It often leads price at turning points.
Anchored VWAP Below anchored VWAP — period buyers underwater
Price ($106.03) is -3.3% below the anchored VWAP ($109.70). Period buyers are underwater — overhead supply tends to cap rallies.
Anchored VWAP is the volume-weighted average from the start of the scraped series — a proxy for the period's average institutional cost basis.
Key Levels 3 resistance / 1 support levels
Current price $106.03. Resistance above: $108.93, $110.28, $111.46. Support below: $103.49.
Watch $108.93 as the first upside level to clear, and $103.49 as the first downside level to hold. A clean break of either often determines the next leg.
Resistance
$108.93
Resistance
$110.28
Resistance
$111.46
Support
$103.49
Signal breakdown
- Trend (6mo) Bearish Linear-regression slope is down (-1.6% over the period).
- Price vs 50-day SMA Bearish Price is below the 50-day SMA ($110.55).
- RSI (14) Bearish RSI 37 — below 50, momentum fading.
- MACD (12,26,9) Bullish Histogram positive (+0.111) — fast line above signal.
- Bollinger %B Bearish Price in the lower half of the bands (%B 0.37).
- Volume profile Bullish Up-day volume 1.30× down-day volume — accumulation.
- A/D line Bearish A/D line slope is falling — distribution pressure.
- AVWAP Bearish Price below anchored VWAP ($109.70).
Generated from 127 daily closes in the scraped 6-month OHLCV series (quote data 2026-10-03T17:02:32.963112300Z). Every level, rating, and probability traces to a computed indicator — no commentary is hand-written or fixed per symbol. Recomputed on each page load from the latest scrape.