LINCOLN ELECTRIC HOLDINGS (LECO)

US5339001068 - Common Stock

226.97  -1.29 (-0.57%)

After market: 226.97 0 (0%)

Technical Rating and Analysis

1

Overall LECO gets a technical rating of 1 out of 10. LECO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month LECO has a been trading in the 217.49 - 242.65 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, LECO outperforms 66% of them, which is more or less in line with the market.
LECO is part of the Machinery industry. There are 132 other stocks in this industry, LECO did better than 59% of them.
LECO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LECO is lagging the market.
Weekly and Daily overview Charts
LECO Weekly chart
LECO Daily chart
Setup Rating and Analysis

5

LECO has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

190.14

260.96

We found 4 important support areas.

  • A support zone ranging from 222.92 to 224.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @219.32 from a horizontal line in the daily time frame.
  • Support @199.71 from a trend line in the weekly time frame.
  • Support @192.06 from a trend line in the weekly time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 234.80 to 235.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 239.77 to 240.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 258.05 to 258.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.85
Mansfield-0.4
10 Day High238.47
10 Day Low224.49
20 Day High242.65
20 Day Low217.49
52 Week High261.13
52 Week Low164
Performance
1 Week-4.66%
2 Weeks1.81%
1 Month-4.78%
3 Month-9.18%
6 Month16.28%
12 Month33.35%
2 Year67.11%
3 Year76.52%
5 Year198.88%
10 Year245.52%
15 Year456.3%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.72
RSI(14)41.76
LBB217.74
UBB237.35
LECO Daily chart

LINCOLN ELECTRIC HOLDINGS

NASDAQ:LECO (5/17/2024, 7:10:18 PM)

After market: 226.97 0 (0%)

226.97

-1.29 (-0.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.57%
1 Week-4.66%
2 Weeks1.81%
1 Month-4.78%
3 Month-9.18%
6 Month16.28%
12 Month33.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.57
ATR(20)%2.39%
ATR Inc
Range Today3.46
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High238.47
10 Day Low224.49
20 Day High242.65
20 Day Low217.49
52 Week High261.13
52 Week Low164
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume282.20K
Volume Incr-19.12%
Vol(5)262.62K
Vol(50)297.56K