LAKELAND INDUSTRIES INC (LAKE) Stock Technical Analysis
NASDAQ:LAKE - Nasdaq - US5117951062 - Common Stock - Currency: USD
Taking everything into account, LAKE scores 0 out of 10 in our technical rating. LAKE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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 48 other stocks in this industry, of which 87% are performing better than LAKE.
LAKE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so LAKE is lagging the market.
In the last month LAKE has a been trading in the 12.76 - 19.77 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of LAKE is bad and it also does not present a quality setup 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
13.17
19.54
2 important resistance areas can be observed.
- Resistance @18.75 from a trend line in the daily time frame.
- Resistance @19.35 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 | 7.58 | NEGATIVE | LAKE has a low relative strength, it was outperformed by 92.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LAKE is below 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) | 31.49 | NEUTRAL | The RSI value for LAKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests LAKE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.6 | OVERSOLD | The low Stochastics value suggests LAKE may be oversold. |
| Average True Range in percent/ATR (20) | 8.04 | HIGH VOLATILITY | The high ATR as a percentage value for LAKE suggests high volalility. |
| Average Directional Index/ADX (14) | 28.19 | POSITIVE | The high ADX value value for LAKE suggests a strong 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)
13.3
+0.49 (+3.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg3.83%
1 Week-13.3%
2 Weeks-27.91%
1 Month-29.26%
3 Month-29.1%
6 Month-41.87%
12 Month-41.9%
2 Year-7.57%
3 Year-13.41%
5 Year-40.7%
10 Year16.26%
15 Year43.78%
Volatility
ATR(14)1.23
ATR(20)%8.04%
ATR Inc-35.7%
Range Today0.84
ADR(20)0.88
ADR(20)%6.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.58
Mansfield-3.9
10 Day High19.77
10 Day Low12.76
20 Day High19.77
20 Day Low12.76
52 Week High27.28
52 Week Low12.76
CS1 EndN/A
CR1 Start18.75
Volume & EV
DER(3)1.49%
DER(5)-2.26%
Volume528.80K
Volume Incr63.13%
Vol(5)297.44K
Vol(50)142.63K