LENDINGCLUB CORP (LC) Stock Technical Analysis
NYSE:LC - New York Stock Exchange, Inc. - US52603A2087 - Common Stock - Currency: USD
Taking everything into account, LC scores 0 out of 10 in our technical rating. LC'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, LC is a bad performer in the overall market: 67% of all stocks are doing better.
LC is one of the lesser performing stocks in the Consumer Finance industry. 72% of 52 stocks in the same industry do better.
LC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LC is lagging the market.
LC has an average volume of 1349600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month LC has a been trading in the 9.00 - 11.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of LC is bad and it also does not present a quality setup 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
8.46
11.77
We found 2 important support areas.
- Support @9.02 from a trend line in the weekly time frame.
- A support zone ranging from 8.55 to 8.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.81 to 10.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.65 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 | DOWN | NEGATIVE | The long term trend for LC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LC is down. |
| ChartMill Relative Strength | 33.25 | NEUTRAL | LC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.88 | NEUTRAL | The RSI value for LC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests LC has a negative trend. |
| Stochastics (14,3) | 6.44 | OVERSOLD | The low Stochastics value suggests LC may be oversold. |
| Average True Range in percent/ATR (20) | 5.03 | HIGH VOLATILITY | The high ATR as a percentage value for LC suggests high volalility. |
| Average Directional Index/ADX (14) | 14.12 | NEGATIVE | The low ADX value for LC suggests a weak or negative 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)
9.86
-0.15 (-1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-1.5%
1 Week-7.33%
2 Weeks-6.81%
1 Month-10.04%
3 Month-24.33%
6 Month-41.06%
12 Month9.31%
2 Year20.24%
3 Year-37.28%
5 Year84.3%
10 Year-89.73%
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%5.03%
ATR Inc-33.63%
Range Today0.28
ADR(20)0.38
ADR(20)%3.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.25
Mansfield-1.97
10 Day High11.58
10 Day Low9.7
20 Day High11.58
20 Day Low9
52 Week High18.75
52 Week Low7.81
CS1 End9.02
CR1 Start10.81
Volume & EV
DER(3)-4.23%
DER(5)-3.58%
Volume893.14K
Volume Incr-38.13%
Vol(5)1.00M
Vol(50)1.35M