LIFECORE BIOMEDICAL INC (LFCR) Stock Technical Analysis
USA - NASDAQ:LFCR - US5147661046 - Common Stock
Taking everything into account, LFCR scores 9 out of 10 in our technical rating. In the past year, LFCR was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Although LFCR has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.17
We found 4 important support areas.
- A support zone ranging from 7.10 to 7.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.66 to 6.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.45 from a horizontal line in the daily time frame.
- Support @6.23 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- 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 | NEUTRAL | NEUTRAL | The long term trend for LFCR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LFCR is up. |
| ChartMill Relative Strength | 80.72 | POSITIVE | LFCR has a high relative strength, it outperformed 80.72% 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) | 64.84 | NEUTRAL | The RSI value for LFCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests LFCR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.63 | NEUTRAL | The Stochastics value for LFCR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.35 | MEDIUM VOLATILITY | The ATR as a percentage value for LFCR suggests some volalility. |
| Average Directional Index/ADX (14) | 24.57 | NEUTRAL | The ADX value for LFCR suggests a possible start of a new trend. |
7.96
+0.07 (+0.89%)
LIFECORE BIOMEDICAL INC / LFCR FAQ
What is the technical rating for LFCR stock?
ChartMill assigns a technical rating of 9 / 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 Bearish.
Can you provide the RSI signal for LIFECORE BIOMEDICAL INC?
LIFECORE BIOMEDICAL INC (LFCR) has an RSI value of 64.8397. 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 0.147275, indicating a bearish trend.