251.71 USD
+4.71 (+1.91%)
251.71 USD
0 (0%)
Taking everything into account, LECO scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, LECO has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that LECO is one of the better performing stocks in the market, outperforming 83% of all stocks. On top of that, LECO also shows a nice and consistent pattern of rising prices.
LECO is part of the Machinery industry. There are 132 other stocks in this industry. LECO outperforms 74% of them.
LECO 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.
In the last month LECO has a been trading in a tight range between 237.95 and 252.00.
Although LECO has an excellent technical rating, it does not present a decent entry opportunity 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
173.31
254.23
We found 5 important support areas.
- A support zone ranging from 244.24 to 250.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 237.37 to 240.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @231.33 from a trend line in the daily time frame.
- A support zone ranging from 218.22 to 225.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @175.06 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 | UP | POSITIVE | The long term trend for LECO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LECO is neutral. |
| ChartMill Relative Strength | 83.19 | POSITIVE | LECO has a high relative strength, it outperformed 83.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LECO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LECO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LECO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.91 | NEUTRAL | The RSI value for LECO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests LECO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.36 | NEUTRAL | The Stochastics value for LECO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for LECO suggests some volalility. |
| Average Directional Index/ADX (14) | 11.78 | NEGATIVE | The low ADX value for LECO 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)
251.71
+4.71 (+1.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.91%
1 Week0.22%
2 Weeks1.36%
1 Month1.21%
3 Month8.37%
6 Month10.87%
12 Month36.83%
2 Year11.15%
3 Year48.02%
5 Year115.72%
10 Year363.94%
15 Year264.74%
Volatility
ATR(14)4.39
ATR(20)%2.08%
ATR Inc88.28%
Range Today8.04
ADR(20)5.13
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.19
3 months CRS77.06
6 months CRS71.79
Mansfield0.31
10 Day High251.89
10 Day Low238.84
20 Day High252
20 Day Low237.95
52 Week High252
52 Week Low161.11
CS1 End245.58
CR1 Start247.01
Volume & EV
DER(3)-0.08%
DER(5)0.54%
Volume165.31K
Volume Incr-15.22%
Vol(5)231.90K
Vol(50)345.58K
LINCOLN ELECTRIC HOLDINGS / LECO FAQ
What is the technical rating for LECO stock?
ChartMill assigns a technical rating of 10 / 10 to LECO.
What is the current trend direction of LINCOLN ELECTRIC HOLDINGS (LECO) stock?
The current trend direction for LINCOLN ELECTRIC HOLDINGS (LECO) is Bullish.
What is the RSI signal for LECO stock?
LINCOLN ELECTRIC HOLDINGS (LECO) has an RSI value of 57.9115. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LINCOLN ELECTRIC HOLDINGS?
The MACD indicator for LINCOLN ELECTRIC HOLDINGS (LECO) has a value of -0.388545, indicating a bearish trend.