LANCASTER COLONY CORP (LANC) Technical Analysis
NASDAQ:LANC • US5138471033
Current stock price
LANC Technical Rating and Analysis
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.
- LANC is part of the Food Products industry. There are 86 other stocks in this industry, of which 60% are performing better than LANC.
- 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 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 Weekly and Daily overview Charts
LANC Setup Rating and Analysis
LANC has a bad technical rating, but it does show a decent setup pattern. 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
3 important support areas can be observed.
- 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.
What is the RSI signal for LANC stock?
LANCASTER COLONY CORP (LANC) has an RSI value of 57.0374. This indicates that the stock is currently neutral.
What is the short term momentum for LANCASTER COLONY CORP (LANC) stock?
The short term momentum for LANCASTER COLONY CORP (LANC) is positive.
Can you provide the buy/sell signal for LANCASTER COLONY CORP?
The buy/sell signal for LANCASTER COLONY CORP (LANC) is hold as the short term and long term trends are mixed.