LANCASTER COLONY CORP (LANC) Technical Analysis
NASDAQ:LANC • US5138471033
Current stock price
LANC Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to LANC. In the past year, LANC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 83% of all other stocks performed better in the past year than LANC.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- LANC is an average performer in the Food Products industry, it outperforms 41% of 87 stocks in the same industry.
- LANC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LANC is lagging the market slightly.
- In the last month LANC has a been trading in a tight range between 165.18 and 173.11.
LANC Weekly and Daily overview Charts
LANC Setup Rating and Analysis
Although the technical rating is bad, LANC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 172.12, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LANC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
LANC Support and Resistance Analysis
157.84
When analyzing the support we can see 3 important areas.
- A support zone ranging from 169.43 to 172.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 162.79 to 162.87. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 159.43 to 159.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 190.25 to 192.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 196.45 to 200.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
LANC Technical Indicator Signal Analysis
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 LANC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LANC is up. |
| ChartMill Relative Strength | 17.24 | NEGATIVE | LANC has a low relative strength, it was outperformed by 82.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LANC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LANC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LANC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.04 | NEUTRAL | The RSI value for LANC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.6 | POSITIVE | The MACD value suggests LANC has a positive trend. |
| Stochastics (14,3) | 85.98 | OVERBOUGHT | The high Stochastics value suggests LANC may be overbought. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for LANC suggests low volalility. |
| Average Directional Index/ADX (14) | 15.25 | NEGATIVE | The low ADX value for LANC suggests a weak or negative trend. |
LANC Chart- and CandleStick Pattern Analysis
LANC Technicals: Chart, Performance Metrics, Trend & Indicators
172.77
+0.97 (+0.56%)
LANCASTER COLONY CORP / LANC TA FAQ
Can you provide the ChartMill technical rating for LANCASTER COLONY CORP?
ChartMill assigns a technical rating of 2 / 10 to LANC.
What is the current trend direction of LANCASTER COLONY CORP (LANC) stock?
The current trend direction for LANCASTER COLONY CORP (LANC) is Bearish.
Can you provide the RSI signal for LANCASTER COLONY CORP?
LANCASTER COLONY CORP (LANC) has an RSI value of 57.0374. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LANCASTER COLONY CORP?
The MACD indicator for LANCASTER COLONY CORP (LANC) has a value of 0.596864, indicating a bearish trend.
What is the buy/sell signal for LANCASTER COLONY CORP (LANC) stock?
The buy/sell signal for LANCASTER COLONY CORP (LANC) is hold as the short term and long term trends are mixed.