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 BUY   Levi Strauss (NYSE: LEVI)

Levi Strauss (NYSE: LEVI) STOCK RECOMMENDATION

Idea BUY
Buy Range 19.8 – 20.2
Target 21.5 – 22
StopLoss* below 19
Duration 10-12 Trading Days
Potential Returns 7 – 9%
Idea Buy Range Target StopLoss* Duration Potential Returns
BUY 19.8 – 20.2 21.5 – 22 below 19 10-12 Trading Days 7 – 9%

* Once the first target hit, reset the StopLoss at your buying price.

Our recommendations are authentic and transparent. Find this recommendation posted in Tradingview and Social Media. Be assured such records are permanent and irreversible.

Levi Strauss (NYSE: LEVI) STOCK OVERVIEW

Levi Strauss & Co. is a globally renowned American clothing company, best known for its denim jeans. The company was founded by Levi Strauss in 1853 in San Francisco, California. It offers jeans, casual and dress pants, activewears, tops, shorts, skirts, dresses, jumpsuits, shirts, sweaters, jackets, footwear, and related accessories under the Levi’s, Dockers, Signature by Levi Strauss & Co., Denizen, and Beyond Yoga brands. The company also licenses Levi’s and Dockers trademarks for various product categories, including footwear, belts, wallets, bags, outerwear, sweaters, dress shirts, kids wear, sleepwear, and hosiery.

Stock Data
NYSE Symbol LEVI
Sectoral Index Consumer Discretionary
52 Weeks High 22.39
52 Weeks Low 12.415

Levi Strauss (NYSE: LEVI) - RELATIVE STRENGTH

LEVI-RELATIVE STRENGTH

Relative Performance - Last 1 Year

Levi Strauss —     NYSE Composite —

Levi Strauss (NYSE: LEVI) - DAILY TECHNICAL ANALYSIS

LEVI-DAILY TECHNICAL ANALYSIS
Levi Strauss (NYSE: LEVI) - Technical Analysis (Daily)
  • Price was going through a deep consolidation phase.
  • In this phase, a Rounding Bottom pattern has been formed.
  • After the breakout, price successfully retested the breakout level and moving upside further.
  • It is expected that the price will maintain this uptrend.

Levi Strauss (NYSE: LEVI) - ADX & DI

Levi Strauss (NYSE: LEVI) - ADX & DI
  • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

     

Levi Strauss (NYSE: LEVI) - MA CROSS

Levi Strauss (NYSE: LEVI) - MA Cross
  • The short length moving average (10 SMA) has crossed the long length moving average (20 SMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

Levi Strauss (NYSE: LEVI) - OBV

LEVI-OBV
Levi Strauss (NYSE: LEVI) - OBV
  • The OBV line is moving in the same upward direction which means there is a positive sentiment in the market. Also the significant price up move accompanying with increasing OBV volume suggests strong buying pressure

CONCLUSION - Levi Strauss (NYSE: LEVI) STOCK PRICE FORECAST

Based on our stock trading advice in USA, Levi Strauss stock price target will be USD 21.5 – USD 22 in the next 10-12 trading sessions.

Levi Strauss (NYSE: LEVI) TRADINGVIEW POSITION UPDATE

Follow Levi Strauss (NYSE: LEVI)) TRADING ADVICE On Social Media

MONEY MANAGEMENT AND TRADING RULES

1)  It’s advisable to enter/exit in the recommended range.
2)  Strictly follow the StopLoss as mentioned. Honour it.
3)  Use trailing StopLoss to retain profits.
4)  Diversify trading capital into our other trading recommendations.
5)  Risk only the money what you can afford to lose. Hedge accordingly.

Advisor / ANALYST SUMMARY

The stock trading advice is prepared by the Naranj Capital team under the guidance of Arijit Banerjee, CMT, CFTe. Arijit is a veteran trader and an active investor having in-depth knowledge of financial market research, advanced technical analysis, market cycle, algorithmic trading, and portfolio management. He is a Chartered Market Technician (CMT) accredited by CMT Association USA, the global authority of Technical Analysis and also has been honored as a Certified Financial Technician (CFTe) by the International Federation of Technical Analysts, USA.

Disclosure

The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.

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