LIFECORE BIOMEDICAL INC (LFCR) Stock Technical Analysis
NASDAQ:LFCR - Nasdaq - US5147661046 - Common Stock - Currency: USD
Taking everything into account, LFCR scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
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.
LFCR is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 83% of 55 stocks in the same industry.
LFCR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so LFCR is performing more or less in line with the market.
In the last month LFCR has a been trading in the 6.32 - 7.62 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that LFCR is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
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. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
5.29
7.71
We found 4 important support areas.
- A support zone ranging from 6.56 to 6.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.44 from a horizontal line in the daily time frame.
- Support @5.58 from a trend line in the weekly time frame.
- Support @5.34 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 6.76 to 6.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 7.08 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 | 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 | 83.19 | POSITIVE | LFCR has a high relative strength, it outperformed 83.19% 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) | DOWN | MIXED | The current price of LFCR is above a declining 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) | 48.94 | NEUTRAL | The RSI value for LFCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LFCR has a negative trend. |
| Stochastics (14,3) | 29.88 | NEUTRAL | The Stochastics value for LFCR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for LFCR suggests some volalility. |
| Average Directional Index/ADX (14) | 17.69 | 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 |
|---|---|---|---|
| 6.83 | 6.64 | 0.19 (2.80%) | 25.00% |
| An entry @6.83. This is a Buy Stop order right above the resistance zone. | An exit @6.64. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.19 points, which is 2.80%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.70%. |
- 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.
6.73
-0.1 (-1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-1.46%
1 Week-1.75%
2 Weeks-0.59%
1 Month0.3%
3 Month4.02%
6 Month-11.56%
12 Month29.42%
2 Year-30.4%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%4.23%
ATR Inc-30.78%
Range Today0.16
ADR(20)0.28
ADR(20)%4.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.19
Mansfield0.65
10 Day High7.11
10 Day Low6.65
20 Day High7.62
20 Day Low6.32
52 Week High7.99
52 Week Low3.68
CS1 End6.72
CR1 Start6.76
Volume & EV
DER(3)-1.78%
DER(5)-2.83%
Volume105.50K
Volume Incr-64.99%
Vol(5)89.96K
Vol(50)268.22K