LINCOLN ELECTRIC HOLDINGS (LECO)
US5339001068 - Common Stock
We assign a technical rating of 3 out of 10 to LECO. Although LECO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that LECO is one of the better performing stocks in the market, outperforming 78% of all stocks. On top of that, LECO also shows a nice and consistent pattern of rising prices.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
LECO is an average performer in the Machinery industry, it outperforms 67% of 132 stocks in the same industry.
LECO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LECO is lagging the market.
In the last month LECO has a been trading in the 217.49 - 243.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, LECO does present a nice setup opportunity. 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 228.40, a Stop Loss order could be placed below this zone.
More info and screens
189.47
260.96
When analyzing the support we can see 3 important areas.
- A support zone ranging from 219.32 to 228.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @198.78 from a trend line in the weekly time frame.
- Support @191.38 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 256.60 to 258.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.67
Mansfield-0.05
10 Day High233.7
10 Day Low217.49
20 Day High243.91
20 Day Low217.49
52 Week High261.13
52 Week Low164
Performance
1 Week4.62%
2 Weeks-3.43%
1 Month-5.02%
3 Month-0.93%
6 Month22.48%
12 Month36.32%
2 Year68.94%
3 Year78.46%
5 Year202.16%
10 Year249.31%
15 Year462.4%
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)
Technical Indicators
MACD(12,26,9)0.2
RSI(14)43.29
LBB215.78
UBB241.9
LINCOLN ELECTRIC HOLDINGS
NASDAQ:LECO (5/8/2024, 7:02:55 PM)
After market: 229.46 0 (0%)229.46
+0.7 (+0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.31%
1 Week4.62%
2 Weeks-3.43%
1 Month-5.02%
3 Month-0.93%
6 Month22.48%
12 Month36.32%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.71
ATR(20)%2.34%
ATR Inc
Range Today2.76
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High233.7
10 Day Low217.49
20 Day High243.91
20 Day Low217.49
52 Week High261.13
52 Week Low164
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume180.50K
Volume Incr-16.52%
Vol(5)241.02K
Vol(50)285.06K