LAKELAND BANCORP INC (LBAI) Stock Technical Analysis
USA - NASDAQ:LBAI - US5116371007 - Common Stock
Taking everything into account, LBAI scores 7 out of 10 in our technical rating. In the last year, LBAI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although LBAI has an excellent technical rating, the quality of the presented setup is 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.
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10.80
When analyzing the support we can see 5 important areas.
- A support zone ranging from 13.02 to 13.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 12.18 to 12.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 11.63 to 11.69. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @11.44 from a horizontal line in the daily time frame.
- Support @10.91 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @14.45 from a trend line in the weekly time frame.
- Resistance @15.07 from a horizontal line in the weekly 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 LBAI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LBAI is up. |
| ChartMill Relative Strength | 50.75 | NEUTRAL | LBAI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LBAI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LBAI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LBAI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.66 | NEUTRAL | The RSI value for LBAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests LBAI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.7 | OVERBOUGHT | The high Stochastics value suggests LBAI may be overbought. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for LBAI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.76 | NEUTRAL | The ADX value for LBAI suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.53 | 13.01 | 0.52 (3.84%) | 25.00% |
| An entry @13.53. This is a Buy Stop order right above the 10 day high. | An exit @13.01. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.52 points, which is 3.84%. | For a 0.96% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
13.43
+0.15 (+1.13%)
LAKELAND BANCORP INC / LBAI FAQ
What is the ChartMill technical rating of LAKELAND BANCORP INC (LBAI) stock?
ChartMill assigns a technical rating of 7 / 10 to LBAI.
What is the current trend direction of LAKELAND BANCORP INC (LBAI) stock?
The current trend direction for LAKELAND BANCORP INC (LBAI) is Bullish.
What is the RSI signal for LBAI stock?
LAKELAND BANCORP INC (LBAI) has an RSI value of 65.6625. This indicates that the stock is currently neutral.
What is the MACD signal for LAKELAND BANCORP INC (LBAI) stock?
The MACD indicator for LAKELAND BANCORP INC (LBAI) has a value of 0.0685819, indicating a bearish trend.
What is the short term momentum for LAKELAND BANCORP INC (LBAI) stock?
The short term momentum for LAKELAND BANCORP INC (LBAI) is positive.