Technical Analysis for LIT - Litigation Capital Management Limited

Grade Last Price % Change Price Change
B 117.00 -0.43% -0.50
LIT closed down 0.43 percent on Friday, April 26, 2024, on 22 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Gapped Down Weakness 0.00%
New 52 Week Closing High Bullish -0.43%
Pocket Pivot Bullish Swing Setup -0.43%
Above Upper BB Strength -0.43%
Overbought Stochastic Strength -0.43%
Upper Bollinger Band Touch Strength -0.43%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 11 hours ago
Possible Inside Day about 12 hours ago
Possible NR7 about 12 hours ago
Fell Below Upper Bollinger Band about 17 hours ago
Down 2% about 17 hours ago

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Profile

Litigation Capital Management Limited Description

Litigation Capital Management Limited is engaged in the business of providing litigation financing and ancillary services to enable the recovery of funds from legal claims. The Company focuses on financing and management of Litigation Projects. The Company has provided litigation financing to over 40 Completed Litigation Projects, which consisted of approximately 190 cases. The Company sources the majority of its Litigation Projects through referral networks within the Australian legal, accounting and insolvency sectors. Insolvency practitioners represent a source of work as do solicitors within Australian firms who refer insolvency and commercial claims to it. It also receives direct applications. When considering whether to finance a Litigation Project, the Company undertakes analysis of the quantum of the Gross Claim Size and potential Recovery as compared to the likely costs and financing commitment required. The Company's subsidiary is LCM Litigation Fund Pty Ltd.


Classification

Sector: Financial Services
Industry: Credit Services
Keywords: Service Industries Capital Management Law Insolvency Do S Solicitors United Kingdom Company Law Practice Of Law Lawsuits Legal Costs Legal Financing Litigation Funding

Is LIT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 121.4747
52 Week Low 66.9422
Average Volume 137,904
200-Day Moving Average 100.61
50-Day Moving Average 103.38
20-Day Moving Average 110.04
10-Day Moving Average 112.10
Average True Range 3.66
RSI (14) 70.59
ADX 27.71
+DI 23.21
-DI 10.29
Chandelier Exit (Long, 3 ATRs) 107.01
Chandelier Exit (Short, 3 ATRs) 110.59
Upper Bollinger Bands 116.69
Lower Bollinger Band 103.39
Percent B (%b) 1.02
BandWidth 12.08
MACD Line 3.49
MACD Signal Line 2.94
MACD Histogram 0.5448
Fundamentals Value
Market Cap 138.31 Million
Num Shares 118 Million
EPS 0.15
Price-to-Earnings (P/E) Ratio 780.00
Price-to-Sales 0.63
Price-to-Book 1.23
Dividend 0.02
Dividend Yield 0.02%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 121.32
Resistance 3 (R3) 121.17 119.59 120.60
Resistance 2 (R2) 119.59 118.49 119.66 120.36
Resistance 1 (R1) 118.29 117.81 118.94 118.44 120.12
Pivot Point 116.71 116.71 117.03 116.78 116.71
Support 1 (S1) 115.41 115.61 116.06 115.56 113.88
Support 2 (S2) 113.83 114.93 113.90 113.64
Support 3 (S3) 112.53 113.83 113.40
Support 4 (S4) 112.68