Liberty Live C Jumps 3.72% To 100.28 On Bullish Technical Breakout

Liberty Live C (LLYVK) rose 3.72% to close at $100.28 in the latest session, breaking above recent resistance on elevated volume. This surge forms the basis for the following technical assessment.
Candlestick Theory
The September 8th session formed a robust bullish candle with a high/low range of $97.24–$100.45, closing near the peak. This pattern followed a minor bearish candle on September 5th, suggesting a Bullish Engulfing formation that signals potential continuation. Key resistance now sits at $100.45 (intraday high), while the $97.24–$96.33 zone offers immediate support, aligning with the August 28–29 consolidation lows. A decisive close above $100.45 would confirm bullish conviction.
Moving Average Theory
The 50-day, 100-day, and 200-day SMAs exhibit a strong bullish alignment (50 > 100 > 200), confirming an established uptrend. Current price ($100.28) trades substantially above all three averages (50-day ≈ $87.00, 100-day ≈ $79.50, 200-day ≈ $70.00), reflecting sustained upward momentum. The 50-day SMA has consistently acted as dynamic support during pullbacks throughout 2025, most recently in August.
MACD & KDJ Indicators
MACD (12,26,9) shows the signal line crossing above the MACD line in late August, triggering a buy signal that remains active. The histogram reflects expanding bullish momentum. KDJ (9,3,3) registers K at 85 and D at 78, entering overbought territory (>80). While this suggests near-term exhaustion risk, the strong uptrend implies overbought conditions could persist. Both oscillators align in signaling bullish momentum but warrant monitoring for potential bearish divergences.
Bollinger Bands
Price breached the upper Bollinger Band (20-day SMA + 2σ) on September 8th, indicating elevated volatility and potential short-term overextension. This breakout occurred after bands narrowed significantly in late August, signaling reduced volatility and a compression phase. The expansion suggests renewed directional energy. A retest of the upper band (~$98.50) as support would validate the breakout’s sustainability.
Volume-Price Relationship
September 8th’s 444,585 shares traded represent the highest volume since August 26th, providing strong confirmation for the breakout. Throughout the uptrend from 2024 lows, major advances (e.g., 11.96% gain on April 9th, 8.08% on September 24th, 2024) occurred on above-average volume, underscoring accumulation. The absence of volume spikes during minor pullbacks (e.g., September 2–5) suggests limited selling pressure.
Relative Strength Index (RSI)
The 14-day RSI reads 75, breaching the overbought threshold (70). Historically, RSI values above 70 in December 2024 and April 2025 preceded brief consolidations, not reversals. Current levels suggest frothy sentiment but align with the stock’s strong trend. Caution is warranted, but trend-contextualized analysis implies overbought RSI may persist before significant profit-taking.
Fibonacci Retracement
Applying Fib levels to the swing low of $38.78 (September 9, 2024) and high of $100.45 (September 8, 2025):
- 23.6% retracement at $87.22 aligns with May 2025 resistance-turned-support
- 38.2% at $77.22 corresponds to the April 2025 consolidation floor
- 50.0% at $69.60 matches the 200-day SMA and January 2025 swing high
Confluence exists near $87–$77, where Fib levels, volume support, and the 50-day SMA converge, strengthening this zone’s significance as primary downside support.
Confluence & Divergence Observations
Strong confluence emerges between:
- Bullish candlestick breakout, volume confirmation, and SMA alignment
- Fib support ($87.22) coinciding with the 50-day SMA and prior resistance
MACD/KDJ agreement on momentum contrasts with RSI’s overbought warning, yet no bearish price divergence exists. This suggests near-term consolidation is more probable than reversal. The Bollinger Band breakout’s validation remains critical for continued upside, with a sustained move above $100.45 opening potential for further gains, while failure to hold $97.24 may trigger profit-taking toward $87–$77 support.