LCNB CORPORATION (LCNB) Stock Technical Analysis
NASDAQ:LCNB - Nasdaq - US50181P1003 - Common Stock - Currency: USD
Taking everything into account, LCNB scores 1 out of 10 in our technical rating. LCNB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
LCNB is one of the lesser performing stocks in the Banks industry. 75% of 395 stocks in the same industry do better.
LCNB 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 LCNB is lagging the market.
In the last month LCNB has a been trading in the 13.75 - 15.43 range, which is quite wide. It is currently trading near the lows of this range.
Warning: LCNB has an average volume of 18038 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When compared to the yearly performance of all other stocks, LCNB outperforms 46% of them, which is more or less in line with the market.
Although the technical rating is bad, LCNB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 13.84, a Stop Loss order could be placed below this zone.
More info and screens
13.50
17.52
When analyzing the support we notice one important area.
- A support zone ranging from 13.64 to 13.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 14.31 to 15.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.52 to 15.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.35 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for LCNB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LCNB is down. |
| ChartMill Relative Strength | 46.95 | NEUTRAL | LCNB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LCNB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LCNB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LCNB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.42 | NEUTRAL | The RSI value for LCNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests LCNB has a negative trend. |
| Stochastics (14,3) | 18.51 | OVERSOLD | The low Stochastics value suggests LCNB may be oversold. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for LCNB suggests some volalility. |
| Average Directional Index/ADX (14) | 15.81 | NEGATIVE | The low ADX value for LCNB 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)
13.86
-0.19 (-1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.35%
1 Week-7.04%
2 Weeks-2.53%
1 Month-9.82%
3 Month-6.67%
6 Month-9.06%
12 Month8.11%
2 Year-6.1%
3 Year-7.29%
5 Year-13.16%
10 Year-14.44%
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%3.47%
ATR Inc-1.25%
Range Today0.39
ADR(20)0.46
ADR(20)%3.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.95
Mansfield-1.16
10 Day High15.06
10 Day Low13.75
20 Day High15.43
20 Day Low13.75
52 Week High17.92
52 Week Low12.42
CS1 End13.84
CR1 Start14.31
Volume & EV
DER(3)-4.43%
DER(5)-3.26%
Volume10.90K
Volume Incr1.61%
Vol(5)15.16K
Vol(50)18.04K