LUTHER BURBANK CORP (LBC) Stock Technical Analysis
NASDAQ:LBC - Nasdaq - US5505501073 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to LBC. LBC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
80% of all other stocks performed better in the past year than LBC.
LBC is one of the lesser performing stocks in the Banks industry. 94% of 397 stocks in the same industry do better.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
LBC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LBC is lagging the market.
In the last month LBC has a been trading in the 8.91 - 9.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, LBC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
7.91
10.46
We found 3 important support areas.
- Support @9.02 from a horizontal line in the daily time frame.
- Support @8.25 from a horizontal line in the weekly time frame.
- A support zone ranging from 7.99 to 8.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 9.17 to 9.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.54 to 9.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.36 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for LBC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LBC is down. |
| ChartMill Relative Strength | 20.75 | NEGATIVE | LBC has a low relative strength, it was outperformed by 79.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LBC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LBC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LBC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.43 | NEUTRAL | The RSI value for LBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LBC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.61 | NEUTRAL | The Stochastics value for LBC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for LBC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.75 | NEUTRAL | The ADX value for LBC suggests a possible start of a new trend. |
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)
9.15
+0.05 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.55%
1 Week-1.72%
2 Weeks-1.08%
1 Month-4.69%
3 Month0.33%
6 Month-1.29%
12 Month-20.02%
2 Year-29.29%
3 Year-10.38%
5 Year-12.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%3.17%
ATR Inc-27.82%
Range Today0.28
ADR(20)0.25
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.75
Mansfield-1.46
10 Day High9.74
10 Day Low8.92
20 Day High9.77
20 Day Low8.91
52 Week High11.77
52 Week Low7.73
CS1 End9.02
CR1 Start9.17
Volume & EV
DER(3)2.16%
DER(5)0.07%
Volume325.90K
Volume Incr191.37%
Vol(5)85.72K
Vol(50)33.77K