Our Analysis of Linde plc (NYSE:LIN) (2020-01-02)

REPORTING FOR 2020-01-02 | WCX19.ORG: We have done an in-depth analysis of how LIN has been trading over the last 2 weeks and the past day especially. On its latest session, Linde plc (NYSE:LIN) opened at 211.74, reaching a high of 212.92 and a low of 211.26 before closing at a price of 212.9. There was a total volume of 1040027.

VOLUME INDICATORS FOR LINDE PLC (NYSE:LIN): We saw an accumulation-distribution index of 4670.79108, an on-balance volume of 211.49, chaikin money flow of 1.81356 and a force index of -0.5312. There was an ease of movement rating of -0.00022, a volume-price trend of 16.53222 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR LINDE PLC (NYSE:LIN): We noted an average true range of 1.63294, bolinger bands of 211.27914, an upper bollinger band of 211.25086, lower bollinger band of 211.26, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 211.97333, high band keltner channel of 210.79333, low band keltner channel of 213.15333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 211.26, a donchian channel low band of 211.26, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR LINDE PLC (NYSE:LIN): We calculated a Moving Average Convergence Divergence (MACD) of 0.00022, a MACD signal of 0.00012, a MACD difference of 0.0001, a fast Exponential Moving Average (EMA) indicator of 211.26, a slow Exponential Moving Average (EMA) indicator of 211.26, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.05045, a trix of 5.19575, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -15.25046, a KST Oscillator (KST) of 77.80469 and a KST Oscillator (KST Signal) of 77.80469 (leaving a KST difference of 0.01275). We also found an Ichimoku rating of 212.33, an Ichimoku B rating of 212.33, a Ichimoku visual trend A of 199.64732, an Ichimoku visual trend B of 202.94732, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR LINDE PLC (NYSE:LIN): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 96.9486, a stochastic oscillator of 140.67797, a stochastic oscillator signal of 140.67797, a Williams %R rating of 40.67797 and an awesome oscillator of 0.06058.

RETURNS FOR LINDE PLC (NYSE:LIN): There was a daily return of 7.78047, a daily log return of 0.00473 and a cumulative return of 0.00473.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2020-01-02 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Linde plc (NYSE:LIN)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Linde plc (NYSE:LIN) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.