LIFECORE BIOMEDICAL INC (LFCR) Stock Technical Analysis
NASDAQ:LFCR - US5147661046 - Common Stock
7.6 USD
+0.38 (+5.26%)
7.6 USD
0 (0%)
We assign a technical rating of 7 out of 10 to LFCR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LFCR is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, LFCR did better than 79% of all other stocks.
LFCR is part of the Life Sciences Tools & Services industry. There are 54 other stocks in this industry. LFCR outperforms 79% of them.
LFCR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LFCR is lagging the market slightly.
In the last month LFCR has a been trading in the 6.79 - 7.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
LFCR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 7.41, a Stop Loss order could be placed below this zone.
More info and screens
5.82
8.64
4 important support areas can be observed.
- A support zone ranging from 7.29 to 7.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.16 from a trend line in the daily time frame.
- A support zone ranging from 6.98 to 6.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.88 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @7.77 from a horizontal line in the daily time frame.
- Resistance @8.31 from a horizontal line in the weekly time frame.
- Resistance @8.55 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 LFCR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LFCR is neutral. |
| ChartMill Relative Strength | 79.82 | POSITIVE | LFCR has a high relative strength, it outperformed 79.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LFCR is above 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) | 53.8 | NEUTRAL | The RSI value for LFCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LFCR has a positive trend. |
| Stochastics (14,3) | 47.04 | NEUTRAL | The Stochastics value for LFCR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for LFCR suggests some volalility. |
| Average Directional Index/ADX (14) | 12.92 | 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 |
|---|---|---|---|
| 7.78 | 7.28 | 0.50 (6.43%) | 15.56% |
| An entry @7.78. This is a Buy Stop order right above the resistance zone. | An exit @7.28. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.50 points, which is 6.43%. | When investing 15.56% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
7.6
+0.38 (+5.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg5.26%
1 Week3.12%
2 Weeks4.97%
1 Month2.29%
3 Month13.1%
6 Month35.47%
12 Month26.67%
2 Year-5%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%4.85%
ATR Inc-25.29%
Range Today0.34
ADR(20)0.37
ADR(20)%4.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.82
Mansfield0.68
10 Day High7.87
10 Day Low7.03
20 Day High7.87
20 Day Low6.79
52 Week High8.85
52 Week Low3.68
CS1 End7.41
CR1 Start7.77
Volume & EV
DER(3)-3.7%
DER(5)-1.41%
Volume119.60K
Volume Incr-32.07%
Vol(5)83.32K
Vol(50)161.86K