LENDINGCLUB CORP (LC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LC - US52603A2087 - Common Stock
We assign a technical rating of 10 out of 10 to LC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LC is showing a nice and steady performance.
Although LC 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.
More info and screens
14.71
We found 6 important support areas.
- A support zone ranging from 19.54 to 19.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @19.12 from a horizontal line in the weekly time frame.
- A support zone ranging from 18.38 to 18.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.03 from a trend line in the weekly time frame.
- Support @17.21 from a trend line in the daily time frame.
- Support @14.86 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 LC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LC is up. |
| ChartMill Relative Strength | 89.96 | POSITIVE | LC has a high relative strength, it outperformed 89.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.15 | NEUTRAL | The RSI value for LC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests LC has a positive trend. |
| Stochastics (14,3) | 81.1 | OVERBOUGHT | The high Stochastics value suggests LC may be overbought. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for LC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.22 | NEUTRAL | The ADX value for LC 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 |
|---|---|---|---|
| 21.20 | 19.53 | 1.67 (7.88%) | 12.69% |
| An entry @21.20. This is a Buy Stop order right above the 10 day high. | An exit @19.53. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.67 points, which is 7.88%. | When investing 12.69% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
20.67
+0.77 (+3.87%)
LENDINGCLUB CORP / LC FAQ
What is the ChartMill technical rating of LENDINGCLUB CORP (LC) stock?
ChartMill assigns a technical rating of 10 / 10 to LC.
What is the current trend direction of LENDINGCLUB CORP (LC) stock?
The current trend direction for LENDINGCLUB CORP (LC) is Bullish.
What is the RSI signal for LC stock?
LENDINGCLUB CORP (LC) has an RSI value of 63.1527. This indicates that the stock is currently neutral.
What is the MACD signal for LC stock?
The MACD indicator for LENDINGCLUB CORP (LC) has a value of 0.0198786, indicating a bearish trend.
Can you provide the buy/sell signal for LENDINGCLUB CORP?
The buy/sell signal for LENDINGCLUB CORP (LC) is buy as both the short term and long term trends are positive.