LANDBRIDGE CO LLC-A (LB) Stock Technical Analysis
NYSE:LB • US5149521008
Taking everything into account, LB scores 8 out of 10 in our technical rating. Although LB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month LB has a been trading in the 53.15 - 70.35 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 51% of all stocks.
- LB is an average performer in the Real Estate Management & Development industry, it outperforms 68% of 62 stocks in the same industry.
- 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.
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
When analyzing the support we notice one important area.
- Support @48.86 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 67.77 to 68.79. 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 | UP | POSITIVE | The long term trend for LB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LB is up. |
| ChartMill Relative Strength | 51.99 | 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) | 59.97 | NEUTRAL | The RSI value for LB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.56 | POSITIVE | The MACD value suggests LB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.46 | NEUTRAL | The Stochastics value for LB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.58 | HIGH VOLATILITY | The high ATR as a percentage value for LB suggests high volalility. |
| Average Directional Index/ADX (14) | 29.52 | POSITIVE | The high ADX value value for LB suggests a strong trend. |
65.47
-0.53 (-0.8%)
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 8 / 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 Bullish.
Can you provide the RSI signal for LANDBRIDGE CO LLC-A?
LANDBRIDGE CO LLC-A (LB) has an RSI value of 59.9687. 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 0.5602, indicating a bearish 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.