LANDBRIDGE CO LLC-A (LB) Stock Technical Analysis
NYSE:LB • US5149521008
Overall LB gets a technical rating of 7 out of 10. LB has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- LB is one of the better performing stocks in the Real Estate Management & Development industry, it outperforms 75% of 62 stocks in the same industry.
- In the last month LB has a been trading in the 53.15 - 68.89 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, LB turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
- LB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LB is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although LB has an excellent technical rating, it does not present a decent entry opportunity 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
48.37
We found 1 important support area.
- Support @48.86 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 68.53 to 69.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @74.54 from a horizontal line in the weekly time frame.
- Resistance @84.50 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for LB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LB is up. |
| ChartMill Relative Strength | 65.83 | NEUTRAL | LB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.13 | NEUTRAL | The RSI value for LB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.02 | POSITIVE | The MACD value suggests LB has a positive trend. |
| Stochastics (14,3) | 88.64 | OVERBOUGHT | The high Stochastics value suggests LB may be overbought. |
| Average True Range in percent/ATR (20) | 5.41 | HIGH VOLATILITY | The high ATR as a percentage value for LB suggests high volalility. |
| Average Directional Index/ADX (14) | 24.92 | NEUTRAL | The ADX value for LB suggests a possible start of a new trend. |
68.52
+1.62 (+2.42%)
LANDBRIDGE CO LLC-A / LB FAQ
What is the ChartMill technical rating of LANDBRIDGE CO LLC-A (LB) stock?
ChartMill assigns a technical rating of 7 / 10 to LB.
Can you provide the trend direction for LANDBRIDGE CO LLC-A?
The current trend direction for LANDBRIDGE CO LLC-A (LB) is Bearish.
Can you provide the RSI signal for LANDBRIDGE CO LLC-A?
LANDBRIDGE CO LLC-A (LB) has an RSI value of 67.1252. This indicates that the stock is currently neutral.
What is the MACD signal for LANDBRIDGE CO LLC-A (LB) stock?
The MACD indicator for LANDBRIDGE CO LLC-A (LB) has a value of 1.01784, indicating a bullish trend.
What is the short term momentum for LANDBRIDGE CO LLC-A (LB) stock?
The short term momentum for LANDBRIDGE CO LLC-A (LB) is positive.