LIFECORE BIOMEDICAL INC (LFCR) Stock Technical Analysis
NASDAQ:LFCR - Nasdaq - US5147661046 - Common Stock - Currency: USD
Taking everything into account, LFCR scores 6 out of 10 in our technical rating. Although LFCR has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
In the last month LFCR has a been trading in the 6.10 - 7.48 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
LFCR is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 92% of 56 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that LFCR is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
LFCR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LFCR is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
LFCR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 7.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.54, a Stop Loss order could be placed below this zone.
More info and screens
5.32
7.71
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.44 to 6.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.50 from a trend line in the weekly time frame.
- Support @5.37 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.18 to 7.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.63 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 | NEUTRAL | NEUTRAL | The long term trend for LFCR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LFCR is neutral. |
| ChartMill Relative Strength | 88.89 | POSITIVE | LFCR has a high relative strength, it outperformed 88.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LFCR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LFCR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LFCR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.6 | NEUTRAL | The RSI value for LFCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests LFCR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.73 | OVERSOLD | The low Stochastics value suggests LFCR may be oversold. |
| Average True Range in percent/ATR (20) | 5.43 | HIGH VOLATILITY | The high ATR as a percentage value for LFCR suggests high volalility. |
| Average Directional Index/ADX (14) | 19.3 | NEGATIVE | The low ADX value for LFCR 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)
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 |
|---|---|---|---|
| 6.77 | 6.43 | 0.34 (5.07%) | 19.72% |
| An entry @6.77. This is a Buy Stop order right above the 10 day moving average. | An exit @6.43. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.34 points, which is 5.07%. | For a 1.00% total portfolio risk, you can invest 19.72% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LFCR. 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.
6.67
+0.22 (+3.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg3.41%
1 Week-0.6%
2 Weeks-3.19%
1 Month8.1%
3 Month18.89%
6 Month-8.76%
12 Month18.68%
2 Year-18.56%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%5.43%
ATR Inc4.46%
Range Today0.37
ADR(20)0.36
ADR(20)%5.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.89
Mansfield0.86
10 Day High7.24
10 Day Low6.32
20 Day High7.48
20 Day Low6.1
52 Week High7.99
52 Week Low3.68
CS1 End6.54
CR1 Start7.18
Volume & EV
DER(3)2.91%
DER(5)0.71%
Volume174.00K
Volume Incr-25.25%
Vol(5)153.04K
Vol(50)263.67K