LENDINGCLUB CORP (LC) Stock Technical Analysis
USA - NYSE:LC - US52603A2087 - Common Stock
We assign a technical rating of 9 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.
Besides having an excellent technical rating, LC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 17.92, a Stop Loss order could be placed below this zone.
More info and screens
9.14
We found 6 important support areas.
- A support zone ranging from 17.39 to 17.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.55 to 16.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.16 to 16.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.18 from a horizontal line in the daily time frame.
- Support @14.86 from a horizontal line in the daily time frame.
- Support @9.23 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 | 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 | 82.69 | POSITIVE | LC has a high relative strength, it outperformed 82.69% 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) | 56.88 | NEUTRAL | The RSI value for LC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests LC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.95 | NEUTRAL | The Stochastics value for LC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.4 | HIGH VOLATILITY | The high ATR as a percentage value for LC suggests high volalility. |
| Average Directional Index/ADX (14) | 22.69 | 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 |
|---|---|---|---|
| 19.40 | 17.38 | 2.02 (10.41%) | 9.60% |
| An entry @19.40. This is a Buy Stop order right above the 10 day high. | An exit @17.38. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.02 points, which is 10.41%. | When investing 9.60% 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.
18.29
-0.57 (-3.02%)
LENDINGCLUB CORP / LC FAQ
What is the ChartMill technical rating of LENDINGCLUB CORP (LC) stock?
ChartMill assigns a technical rating of 9 / 10 to LC.
Can you provide the trend direction for LENDINGCLUB CORP?
The current trend direction for LENDINGCLUB CORP (LC) is Bullish.
What is the RSI signal for LENDINGCLUB CORP (LC) stock?
LENDINGCLUB CORP (LC) has an RSI value of 56.8774. This indicates that the stock is currently neutral.
What is the short term momentum for LENDINGCLUB CORP (LC) stock?
The short term momentum for LENDINGCLUB CORP (LC) is positive.
What are the support and resistance levels for LENDINGCLUB CORP (LC) stock?
LENDINGCLUB CORP (LC) has a support level at 17.92. Check the full technical report for our detailed analysis of LC support and resistance levels.