LAKELAND INDUSTRIES INC (LAKE) Stock Technical Analysis
NASDAQ:LAKE - Nasdaq - US5117951062 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to LAKE. LAKE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
93% of all other stocks performed better in the past year than LAKE.
LAKE is part of the Textiles, Apparel & Luxury Goods industry. There are 50 other stocks in this industry, of which 81% are performing better than LAKE.
LAKE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month LAKE has a been trading in the 12.76 - 15.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LAKE has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
12.67
18.96
We found 1 important support area.
- Support @12.80 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @14.57 from a horizontal line in the daily time frame.
- Resistance @17.67 from a trend line in the daily time frame.
- Resistance @18.77 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for LAKE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LAKE is down. |
| ChartMill Relative Strength | 7.7 | NEGATIVE | LAKE has a low relative strength, it was outperformed by 92.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LAKE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LAKE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LAKE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.83 | NEUTRAL | The RSI value for LAKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests LAKE has a positive trend. |
| Stochastics (14,3) | 74.11 | NEUTRAL | The Stochastics value for LAKE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.77 | MEDIUM VOLATILITY | The ATR as a percentage value for LAKE suggests some volalility. |
| Average Directional Index/ADX (14) | 19.52 | NEGATIVE | The low ADX value for LAKE suggests a weak or negative trend. |
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)
14.31
+0.03 (+0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg0.21%
1 Week3.1%
2 Weeks9.66%
1 Month-5.73%
3 Month-10.73%
6 Month-45.42%
12 Month-37.62%
2 Year-7.5%
3 Year-10.79%
5 Year-39.52%
10 Year36.29%
15 Year58.82%
Volatility
ATR(14)0.61
ATR(20)%4.77%
ATR Inc-47.48%
Range Today0.38
ADR(20)0.68
ADR(20)%4.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.7
Mansfield-3.55
10 Day High14.82
10 Day Low12.98
20 Day High15.43
20 Day Low12.76
52 Week High27.28
52 Week Low12.76
CS1 End12.8
CR1 Start14.57
Volume & EV
DER(3)3.04%
DER(5)6.4%
Volume89.80K
Volume Incr-48.4%
Vol(5)189.70K
Vol(50)202.34K