LENNOX INTERNATIONAL INC (LII) Stock Technical Analysis
NYSE:LII • US5261071071
Taking everything into account, LII scores 6 out of 10 in our technical rating. Although LII is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, LII is a bad performer in the overall market: 68% of all stocks are doing better.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- LII is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- LII is part of the Building Products industry. There are 42 other stocks in this industry, LII did better than 46% of them.
- LII is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LII is lagging the market.
Although the technical rating is only medium, LII does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 556.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 507.06, a Stop Loss order could be placed below this zone.
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452.58
4 important support areas can be observed.
- A support zone ranging from 505.74 to 507.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 485.57 to 487.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @465.11 from a horizontal line in the weekly time frame.
- Support @457.15 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 556.65 to 566.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @580.46 from a horizontal line in the daily time frame.
- Resistance @667.13 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 LII is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LII is neutral. |
| ChartMill Relative Strength | 32.09 | NEUTRAL | LII is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LII is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LII is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LII is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.88 | NEUTRAL | The RSI value for LII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests LII has a negative trend. |
| Stochastics (14,3) | 66.24 | NEUTRAL | The Stochastics value for LII is a neutral value. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for LII suggests some volalility. |
| Average Directional Index/ADX (14) | 25.01 | POSITIVE | The high ADX value value for LII suggests a strong 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 |
|---|---|---|---|
| 566.67 | 532.49 | 34.18 (6.03%) | 16.58% |
| An entry @566.67. This is a Buy Stop order right above the resistance zone. | An exit @532.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 34.18 points, which is 6.03%. | When investing 16.58% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
539.95
-18.37 (-3.29%)
LENNOX INTERNATIONAL INC / LII FAQ
Can you provide the ChartMill technical rating for LENNOX INTERNATIONAL INC?
ChartMill assigns a technical rating of 6 / 10 to LII.
Can you provide the trend direction for LENNOX INTERNATIONAL INC?
The current trend direction for LENNOX INTERNATIONAL INC (LII) is Bullish.
What is the RSI signal for LENNOX INTERNATIONAL INC (LII) stock?
LENNOX INTERNATIONAL INC (LII) has an RSI value of 51.8846. This indicates that the stock is currently neutral.
What are the support and resistance levels for LENNOX INTERNATIONAL INC (LII) stock?
LENNOX INTERNATIONAL INC (LII) has a support level at 507.06 and a resistance level at 556.65. Check the full technical report for our detailed analysis of LII support and resistance levels.