LANCASTER COLONY CORP (LANC) Stock Technical Analysis
NASDAQ:LANC - Nasdaq - US5138471033 - Common Stock - Currency: USD
Taking everything into account, LANC scores 2 out of 10 in our technical rating. 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.
When comparing the yearly performance of all stocks, LANC is a bad performer in the overall market: 83% of all stocks are doing better.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
LANC is an average performer in the Food Products industry, it outperforms 41% of 91 stocks in the same industry.
LANC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LANC is lagging the market.
In the last month LANC has a been trading in a tight range between 165.18 and 173.11.
LANC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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
157.84
202.28
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.
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. |
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)
172.77
+0.97 (+0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.56%
1 Week0.51%
2 Weeks3.21%
1 Month3.21%
3 Month-3.91%
6 Month-0.42%
12 Month-8.59%
2 Year-14.08%
3 Year34.16%
5 Year11.47%
10 Year90.17%
15 Year223.78%
Volatility
ATR(14)3.28
ATR(20)%1.89%
ATR Inc-28.88%
Range Today2.09
ADR(20)3.2
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.24
Mansfield-1.02
10 Day High173.11
10 Day Low166.64
20 Day High173.11
20 Day Low165.18
52 Week High202.63
52 Week Low156.14
CS1 End172.12
CR1 Start190.25
Volume & EV
DER(3)3.99%
DER(5)1.9%
Volume172.20K
Volume Incr39.8%
Vol(5)209.36K
Vol(50)187.43K