LIMELIGHT NETWORKS INC.

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	LLNW
ISIN:

LIMELIGHT NETWORKS INC. - Daily - Technical analysis published on 09/12/2019 (GMT)

297
0
Who voted?
1

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : INVALID

Download a full-size picture

LIMELIGHT NETWORKS INC. Chart

Summary of the analysis

Trends

Court terme: Bullish

De fond: Bullish

Technical indicators

89%

11%

My opinion

Bullish above 3.28 USD

My targets

3.72 USD (+10.71%)

4.39 USD (+30.65%)

My analysis

All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on LIMELIGHT NETWORKS INC. as long as the price remains well above 3.28 USD. The buyers” bullish objective is set at 3.72 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.39 USD. If there is any crossing, the next objective would be the resistance located at 5.46 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

FORCE

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay.

Additional analysis

Quotes

The LIMELIGHT NETWORKS INC. price is 3.36 USD. The price has increased by +8.39% since the last closing and was traded between 3.00 USD and 3.37 USD over the period. The price is currently at +12.00% from its lowest and -0.30% from its highest.

3.00

3.37

3.36

Here is a more detailed summary of the historical variations registered by LIMELIGHT NETWORKS INC.:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of LIMELIGHT NETWORKS INC. indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 16 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.71	3.12	3.28	3.36	3.72	4.39	5.46
Change (%)	-19.35%	-7.14%	-2.38%	-	+10.71%	+30.65%	+62.50%
Change	-0.65	-0.24	-0.08	-	+0.36	+1.03	+2.10
Level	Intermediate	Minor	Minor	-	Intermediate	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.54	2.67	2.88	3.01	3.22	3.35	3.56
Camarilla	3.01	3.04	3.07	3.10	3.13	3.16	3.19
Woodie	2.59	2.69	2.93	3.03	3.27	3.37	3.61
Fibonacci	2.67	2.80	2.88	3.01	3.14	3.22	3.35

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.05	2.21	2.52	2.68	2.99	3.15	3.46
Camarilla	2.70	2.74	2.79	2.83	2.87	2.92	2.96
Woodie	2.13	2.25	2.60	2.72	3.07	3.19	3.54
Fibonacci	2.21	2.39	2.50	2.68	2.86	2.97	3.15

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.60	1.92	2.17	2.49	2.74	3.06	3.31
Camarilla	2.27	2.33	2.38	2.43	2.48	2.53	2.59
Woodie	1.58	1.90	2.15	2.47	2.72	3.04	3.29
Fibonacci	1.92	2.13	2.27	2.49	2.70	2.84	3.06

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	80.86
MACD (12,26,9):	0.1500
Directional Movement:	36.87
AROON (14):	64.29
DEMA (21):	2.78
Parabolic SAR (0,02-0,02-0,2):	2.48
Elder Ray (13):	0.46
Super Trend (3,10):	2.68
Zig ZAG (10):	3.36
VORTEX (21):	1.2100
Stochastique (14,3,5):	93.37
TEMA (21):	2.96
Williams %R (14):	-0.89
Chande Momentum Oscillator (20):	1.05
Repulse (5,40,3):	23.1900
ROCnROLL:	1
TRIX (15,9):	0.2200
Courbe Coppock:	46.88

MA7:	2.83
MA20:	2.50
MA50:	2.50
MA100:	2.73
MAexp7:	2.91
MAexp20:	2.64
MAexp50:	2.59
MAexp100:	2.70
Price / MA7:	+18.73%
Price / MA20:	+34.40%
Price / MA50:	+34.40%
Price / MA100:	+23.08%
Price / MAexp7:	+15.46%
Price / MAexp20:	+27.27%
Price / MAexp50:	+29.73%
Price / MAexp100:	+24.44%

News

Don"t forget to follow the news on LIMELIGHT NETWORKS INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

Online

Overall rating :

15887

Number of analyses :

96578

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis LIMELIGHT NETWORKS INC. - Daily