Liberty Live C Jumps 4.65% to $81.75 on Bullish Technical Signals and Heavy Volume

Liberty Live C (LLYVK) advanced 4.65% in the latest session, closing at $81.75 with above-average volume of 330,982 shares. This analysis integrates multiple technical frameworks to assess the stock’s trajectory.
Candlestick Theory
Recent price action shows a bullish reversal pattern. The July 14 session formed a robust white candle closing near the high ($81.75), erasing the prior two sessions' declines and indicating strong buying pressure. Key resistance is evident near $81.83–82.37 (July 3 and July 7 highs), while support converges at $76.30–$77.00, aligning with the June 26 low and the 200-day moving average. A decisive break above $82.40 could signal continuation toward yearly highs.
Moving Average Theory
The 50-day MA ($75.80) and 100-day MA ($70.50) both slope upward, confirming an intermediate bullish trend. The 200-day MA ($64.20) provides a long-term support foundation. Notably, the price remains above all three moving averages, with the 50-day poised to cross above the 200-day—a "golden cross" that may reinforce bullish sentiment. Short-term pullbacks could find dynamic support near the 50-day MA.
MACD & KDJ Indicators
MACD exhibits a bullish crossover, with the histogram expanding positively since early July, signaling strengthening upward momentum. KDJ readings (K: 85, D: 78, J: 99) are in overbought territory (J-line >90), suggesting near-term exhaustion risk. However, the MACD’s confirmation of momentum tempers immediate reversal concerns. Watch for KDJ bearish crossovers as a potential profit-taking trigger.
Bollinger Bands
Bollinger Bands are widening after a July contraction, reflecting increasing volatility. Price trades near the upper band ($82.20), typically indicating overextended conditions. A consolidation phase toward the 20-day midline ($78.00) would be consistent with volatility normalization. Band expansion supports the current breakout’s sustainability if volume persists.
Volume-Price Relationship
The latest surge occurred on volume 64% above the 30-day average, validating buyer conviction. Notable accumulation occurred during the June 27 rally (690k shares) and July 14 advance, while sell-offs (e.g., July 7) saw subdued volume. This divergence suggests weak selling pressure during dips, reinforcing underlying strength. Sustained volume above 250k shares would support further upside.
Relative Strength Index (RSI)
The 14-day RSI reads 72, entering overbought territory (>70) but without bearish divergence. Historical parallels exist: The April 23 peak (RSI 78) preceded a 15% correction, while June’s sustained RSI above 70 aligned with continued gains. Current overbought conditions warrant caution but do not inherently negate the uptrend.
Fibonacci Retracement
Applying Fibonacci to the April 22 low ($67.90) and July 3 high ($82.37): Key retracement support lies at 76.4% ($74.60) and 61.8% ($76.80). The stock recently rebounded precisely from the 61.8% level ($76.30 on July 11), reinforcing its technical significance. Upside targets include the 161.8% extension at $87.00, though the 127.2% level ($84.50) may pose interim resistance.
Confluence & Divergence Notes
Confluence exists at $76.30–$77.00 (61.8% Fibonacci + 200-day MA + July 11 low), making it a critical support zone. Bullish alignment is seen in MACD momentum, volume confirmation, and moving average structure. The primary divergence involves KDJ overbought signals conflicting with MACD strength—a tension suggesting near-term consolidation likely precedes further upside. Probabilistically, the weight of evidence favors pullbacks as buying opportunities unless $76.30 support fails.