LANDBRIDGE CO LLC-A (LB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LB - US5149521008 - Common Stock
We assign a technical rating of 4 out of 10 to LB. LB has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 79% of all other stocks performed better in the past year than LB.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- LB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- LB is an average performer in the Real Estate Management & Development industry, it outperforms 47% 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.
LB has an average technical rating and the quality of the presented setup is also not ideal 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 2 important support areas.
- A support zone ranging from 56.57 to 57.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @48.86 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 60.50 to 60.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @70.71 from a trend 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 | 21.48 | NEGATIVE | LB has a low relative strength, it was outperformed by 78.52% off all stocks 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) | DOWN | MIXED | The current price of LB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.16 | NEUTRAL | The RSI value for LB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.36 | POSITIVE | The MACD value suggests LB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.78 | OVERBOUGHT | The high Stochastics value suggests LB may be overbought. |
| Average True Range in percent/ATR (20) | 4.93 | MEDIUM VOLATILITY | The ATR as a percentage value for LB suggests some volalility. |
| Average Directional Index/ADX (14) | 22.87 | NEUTRAL | The ADX value for LB suggests a possible start of a new trend. |
60.49
+0.74 (+1.24%)
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 4 / 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 62.1593. 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 1.36008, 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.