We assign a technical rating of 7 out of 10 to LFCR. Although LFCR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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 very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.32
When analyzing the support we can see 5 important areas.
- Support @7.87 from a trend line in the weekly time frame.
- A support zone ranging from 7.50 to 7.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.88 to 6.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.67 from a horizontal line in the daily time frame.
- A support zone ranging from 6.38 to 6.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @8.08 from a trend 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 | UP | POSITIVE | The short term trend for LFCR is up. |
| ChartMill Relative Strength | 55.66 | NEUTRAL | LFCR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LFCR is above a declining 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) | 58.23 | NEUTRAL | The RSI value for LFCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LFCR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 78.16 | NEUTRAL | The Stochastics value for LFCR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for LFCR suggests some volalility. |
| Average Directional Index/ADX (14) | 19.91 | NEGATIVE | The low ADX value for LFCR suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 8.09 | 7.86 | 0.23 (2.84%) | 25.00% |
| An entry @8.09. This is a Buy Stop order right above the resistance zone. | An exit @7.86. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.23 points, which is 2.84%. | For a 0.71% total portfolio risk, you can invest 25.00% 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.
7.88
+0.09 (+1.16%)
LIFECORE BIOMEDICAL INC / LFCR FAQ
What is the technical rating for LFCR stock?
ChartMill assigns a technical rating of 7 / 10 to LFCR.
What is the current trend direction of LIFECORE BIOMEDICAL INC (LFCR) stock?
The current trend direction for LIFECORE BIOMEDICAL INC (LFCR) is Bullish.
Can you provide the RSI signal for LIFECORE BIOMEDICAL INC?
LIFECORE BIOMEDICAL INC (LFCR) has an RSI value of 58.2338. This indicates that the stock is currently neutral.
What is the MACD signal for LIFECORE BIOMEDICAL INC (LFCR) stock?
The MACD indicator for LIFECORE BIOMEDICAL INC (LFCR) has a value of -0.0120388, indicating a bearish trend.
Can you provide the buy/sell signal for LIFECORE BIOMEDICAL INC?
The buy/sell signal for LIFECORE BIOMEDICAL INC (LFCR) is buy as both the short term and long term trends are positive.