LAKELAND BANCORP INC (LBAI) Technical Analysis

NASDAQ:LBAI • US5116371007

Current stock price

13.43 USD
+0.15 (+1.13%)
At close:
13.43 USD
0 (0%)
After Hours:

LBAI Technical Rating and Analysis

7

Taking everything into account, LBAI scores 7 out of 10 in our technical rating. LBAI has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

  • LBAI is one of the lesser performing stocks in the Banks industry. 67% of 380 stocks in the same industry do better.
  • The long and short term trends are both positive. This is looking good!
  • In the last month LBAI has a been trading in the 10.91 - 13.52 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, LBAI turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
  • LBAI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LBAI is lagging the market slightly.

LBAI Weekly and Daily overview Charts

LAKELAND BANCORP INC / LBAI Weekly stock chart
LAKELAND BANCORP INC / LBAI Daily stock chart

LBAI Setup Rating and Analysis

6

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.

LBAI Support and Resistance Analysis

10.80

15.22

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.

When analyzing the resistance we notice 2 important 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.

LBAI 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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for LBAI is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for LBAI is up.
ChartMill Relative Strength50.75NEUTRALLBAI is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of LBAI is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of LBAI is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of LBAI is above a declining SMA(200).
Relative Strength Index/RSI (14)65.66NEUTRALThe RSI value for LBAI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.07POSITIVEThe MACD value suggests LBAI has a positive trend, although the MACD value is declining.
Stochastics (14,3)86.7OVERBOUGHTThe high Stochastics value suggests LBAI may be overbought.
Average True Range in percent/ATR (20)3.07MEDIUM VOLATILITYThe ATR as a percentage value for LBAI suggests some volalility.
Average Directional Index/ADX (14)21.76NEUTRALThe ADX value for LBAI suggests a possible start of a new trend.

LBAI Chart- and CandleStick Pattern Analysis

Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)

LBAI Example Setup

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.

ENTRYEXITDISTANCECAPITAL
13.5313.010.52 (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 worst case loss on the trade is limited to 0.52 points, which is 3.84%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%.

  • 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.

LBAI Technicals: Chart, Performance Metrics, Trend & Indicators

LAKELAND BANCORP INC / LBAI Daily stock chart

LAKELAND BANCORP INC

NASDAQ:LBAI (5/15/2024, 8:00:03 PM)

After market: 13.43 0 (0%)

13.43

+0.15 (+1.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.13%
1 Week2.36%
2 Weeks7.78%
1 Month19.27%
3 Month6.84%
6 Month4.92%
12 Month3.15%
2 Year-13.47%
3 Year-29.35%
5 Year-12.85%
10 Year29.38%
15 Year26.82%
Volatility
ATR(14)0.32
ATR(20)%3.07%
ATR Inc-4.38%
Range Today0.43
ADR(20)0.38
ADR(20)%2.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.75
3 months CRSN/A
6 months CRSN/A
Mansfield-0.98
10 Day High13.52
10 Day Low12.5
20 Day High13.52
20 Day Low10.91
52 Week High16
52 Week Low10.65
CS1 End13.08
CR1 Start14.45
Volume & EV
DER(3)1.84%
DER(5)2.57%
Volume1.36M
Volume Incr15.13%
Vol(5)416.48K
Vol(50)399.63K

LAKELAND BANCORP INC / LBAI TA FAQ

What is the ChartMill technical rating of LAKELAND BANCORP INC (LBAI) stock?

ChartMill assigns a technical rating of 7 / 10 to LBAI.


Can you provide the trend direction for LAKELAND BANCORP INC?

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 short term momentum for LAKELAND BANCORP INC (LBAI) stock?

The short term momentum for LAKELAND BANCORP INC (LBAI) is positive.


Can you provide the support and resistance levels for LAKELAND BANCORP INC?

LAKELAND BANCORP INC (LBAI) has a support level at 13.08 and a resistance level at 14.45. Check the full technical report for our detailed analysis of LBAI support and resistance levels.