Technical Analysis for LKCO - Luokung Technology Corp

Grade Last Price % Change Price Change
grade F 1.28 -6.57% -0.09
LKCO closed down 6.57 percent on Thursday, November 21, 2019, on 34 percent of normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Very Strong Down Down Down
See historical LKCO trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -6.57%
Below Lower BB Weakness -6.57%

Older signals for LKCO ...

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Profile
Luokung Technology Corp. ("Luokung") is a global leading graphics data processing technology company, a leading interactive location-based services in China, and a pioneer and leader of the railway Wi-Fi market in China. Luokung's core mobile application product, the Luokung platform, is a Location-based Service (LBS) social content and service distribution platform. Luokung mainly provides personalized and precise services to long distance travelers in two locations: on the train and at the destination. Based on the travel environment, the core elements of our users' needs include starving off boredom on trains and discovering and exploring new locations upon arrival. Our main offerings include entertainment services (video and audio, digital reading material, games specific and tailored to the travel stage) and social services (satisfying the demand for value discovery of unfamiliar destinations through social interaction among strangers based on their locations). Luokung obtains travel users by the typical entrance for long-distance travel: offering free Wi-Fi services by systems deployed on the trains. Currently, 290 trains are in operation with the Luokung platform, covering about 200 million passenger trips per year. As the end of 2017, the Luokung platform had approximately 38 million users.
Telecommunications Wireless Computer Networking Wireless Networking Wi-Fi Entertainment Services Geolocation Social Services Ieee 802.11 Location Based Service
Is LKCO a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 98.39
52 Week Low 1.28
Average Volume 606,875
200-Day Moving Average 6.5021
50-Day Moving Average 3.4484
20-Day Moving Average 1.6145
10-Day Moving Average 1.53
Average True Range 0.2314
ADX 52.29
+DI 9.8442
-DI 33.1955
Chandelier Exit (Long, 3 ATRs ) 1.3258
Chandelier Exit (Short, 3 ATRs ) 1.9742
Upper Bollinger Band 1.8877
Lower Bollinger Band 1.3413
Percent B (%b) -0.11
BandWidth 33.843295
MACD Line -0.5033
MACD Signal Line -0.6178
MACD Histogram 0.1145
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.51
Resistance 3 (R3) 1.54 1.48 1.47
Resistance 2 (R2) 1.48 1.43 1.47 1.46
Resistance 1 (R1) 1.38 1.39 1.36 1.36 1.45
Pivot Point 1.33 1.33 1.32 1.32 1.33
Support 1 (S1) 1.23 1.27 1.20 1.20 1.11
Support 2 (S2) 1.18 1.24 1.17 1.10
Support 3 (S3) 1.08 1.18 1.09
Support 4 (S4) 1.05