LCNB CORPORATION (LCNB) Stock Technical Analysis
NASDAQ:LCNB • US50181P1003
We assign a technical rating of 10 out of 10 to LCNB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LCNB is showing a nice and steady performance.
- Warning: LCNB has an average volume of 26146 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, LCNB did better than 71% of all other stocks. We also observe that the gains produced by LCNB over the past year are nicely spread over this period.
- LCNB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- LCNB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- LCNB is an average performer in the Banks industry, it outperforms 51% of 381 stocks in the same industry.
LCNB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 17.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.54, a Stop Loss order could be placed below this zone.
More info and screens
13.82
We found 6 important support areas.
- A support zone ranging from 17.32 to 17.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.81 to 16.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.09 to 16.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.65 to 15.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @14.52 from a trend line in the weekly time frame.
- A support zone ranging from 13.96 to 14.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 17.60 to 17.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 LCNB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LCNB is up. |
| ChartMill Relative Strength | 71.98 | POSITIVE | LCNB has a high relative strength, it outperformed 71.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LCNB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LCNB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LCNB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.23 | NEUTRAL | The RSI value for LCNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LCNB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.83 | NEUTRAL | The Stochastics value for LCNB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for LCNB suggests some volalility. |
| Average Directional Index/ADX (14) | 11.57 | NEGATIVE | The low ADX value for LCNB suggests a weak or negative 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 |
|---|---|---|---|
| 17.86 | 17.31 | 0.55 (3.08%) | 25.00% |
| An entry @17.86. This is a Buy Stop order right above the resistance zone. | An exit @17.31. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.55 points, which is 3.08%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%. |
- The distance between exit and entry is rather small compared to the average daily movement of LCNB. Please evaluate whether better entry and exit points can be found.
- 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.
17.59
+0.31 (+1.79%)
LCNB CORPORATION / LCNB FAQ
What is the technical rating for LCNB stock?
ChartMill assigns a technical rating of 10 / 10 to LCNB.
Can you provide the trend direction for LCNB CORPORATION?
The current trend direction for LCNB CORPORATION (LCNB) is Bullish.
What is the RSI signal for LCNB stock?
LCNB CORPORATION (LCNB) has an RSI value of 58.2264. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for LCNB CORPORATION?
The buy/sell signal for LCNB CORPORATION (LCNB) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for LCNB CORPORATION?
LCNB CORPORATION (LCNB) has a support level at 17.54 and a resistance level at 17.6. Check the full technical report for our detailed analysis of LCNB support and resistance levels.