Linde plc (LIN)

Linde plc is trading at $515.25, down 1.15% on the session. The 50 day average sits at $483.53 and the 200 day at $492.94, which puts the stock in a downtrend. RSI is at 69.3, which reads as strong, and MACD is bullish crossover. Volume is volume spike.

The nearest support is around $481.00 with resistance near $517.70, so that band frames the current range. Average daily movement is roughly $8.31, or about 1.6% of the share price, which is what any stop placement has to allow for. The overall health score of 80 out of 100 combines a trend score of 67, momentum of 90 and a risk score of 86.

Linde plc operates as an industrial gas company worldwide. The company offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, electronic gases, specialty gases, and acetylene. It also engages in the design and construction of turnkey process plants for third-party customers, as well as for its gas businesses, including air separation, hydrogen, synthesis, olefin, and natural gas plants. The company serves the healthcare, chemicals and energy, manufacturing, metals and mining, food and beverage, and electronics industries. It operates in the United States, Brazil, Mexico, Canada, Germany, the United Kingdom, Eastern Europe, China, Australia, South Korea, and India. Linde plc was founded in 1879 and is based in Woking, the United Kingdom.