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LYL NEWS why is Dragon Victory International Limited price falling or rising

LYL NEWS reasons for why stock price of Dragon Victory International Limited is falling or rising

LYL Dragon Victory is falling or rising technical reasons

Technical analysis forecast for Dragon Victory Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Dragon Victory LYL at this time. Stock is falling and might fall more.

It appears as if Dragon Victory LYL gave a large move recently.

Stock of Dragon Victory (LYL) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

LYL Dragon Victory is falling or rising NEWS fundamental reasons

More announcements and NEWS

LYL Dragon Victory International Limited current price & indicator signals

Moving Averages for Dragon Victory International Limited

  • 5Day Average: 0.54
  • 12Day Average: 0.51
  • 20Day Average: 0.51
  • 50Day Average: 0.63
  • 100Day Average: 0.73
  • 150Day Average: 0.76
  • 200Day Average: 0.83

LYL Indicators & signals

Indicator MACD (12,26,9)

0.52, 0.54, -0.04
Indicator MACD is in negative zone

Indicator ADX (14)

0, 87.5, 87.5
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 42
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of LYL Dragon Victory International Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
12 Mon Dec 2022 0.50 0.50 to 0.54 -9.09% 4.7 times
09 Fri Dec 2022 0.55 0.53 to 0.62 -1.79% 0.61 times
08 Thu Dec 2022 0.56 0.54 to 0.60 3.7% 1.53 times
07 Wed Dec 2022 0.54 0.51 to 0.63 1.89% 1.99 times
06 Tue Dec 2022 0.53 0.50 to 0.55 6% 0.65 times
05 Mon Dec 2022 0.50 0.50 to 0.52 2.04% 1.08 times
02 Fri Dec 2022 0.49 0.49 to 0.50 0% 0.65 times
01 Thu Dec 2022 0.49 0.49 to 0.49 2.08% 0.21 times
30 Wed Nov 2022 0.48 0.47 to 0.49 -2.04% 1.1 times
29 Tue Nov 2022 0.49 0.47 to 0.52 0% 1.38 times
28 Mon Nov 2022 0.49 0.47 to 0.49 -2% 0.81 times
25 Fri Nov 2022 0.50 0.50 to 0.53 -1.96% 1.32 times

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LYL NEWS why is Dragon Victory International Limited price falling or rising

 

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