LAKELAND FINANCIAL CORP (LKFN) Stock Technical Analysis
NASDAQ:LKFN • US5116561003
We assign a technical rating of 3 out of 10 to LKFN. LKFN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, LKFN is a bad performer in the overall market: 73% of all stocks are doing better.
- LKFN is part of the Banks industry. There are 381 other stocks in this industry, of which 90% are performing better than LKFN.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- LKFN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LKFN is lagging the market.
- In the last month LKFN has a been trading in the 58.02 - 63.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LKFN has a bad technical rating, but it does show 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. There is a support zone below the current price at 57.34, a Stop Loss order could be placed below this zone.
More info and screens
56.22
When analyzing the support we notice one important area.
- A support zone ranging from 56.79 to 57.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 60.54 to 62.18. 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 63.88 to 64.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 68.45 to 69.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 LKFN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LKFN is neutral. |
| ChartMill Relative Strength | 27.43 | NEGATIVE | LKFN has a low relative strength, it was outperformed by 72.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LKFN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LKFN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LKFN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50 | NEUTRAL | The RSI value for LKFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests LKFN has a negative trend. |
| Stochastics (14,3) | 48.55 | NEUTRAL | The Stochastics value for LKFN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for LKFN suggests some volalility. |
| Average Directional Index/ADX (14) | 11.4 | NEGATIVE | The low ADX value for LKFN suggests a weak or negative trend. |
60.5
-0.35 (-0.58%)
LAKELAND FINANCIAL CORP / LKFN FAQ
Can you provide the ChartMill technical rating for LAKELAND FINANCIAL CORP?
ChartMill assigns a technical rating of 3 / 10 to LKFN.
What is the trend direction for LKFN stock?
The current trend direction for LAKELAND FINANCIAL CORP (LKFN) is Bearish.
What is the RSI signal for LAKELAND FINANCIAL CORP (LKFN) stock?
LAKELAND FINANCIAL CORP (LKFN) has an RSI value of 50.0004. This indicates that the stock is currently neutral.
What are the support and resistance levels for LAKELAND FINANCIAL CORP (LKFN) stock?
LAKELAND FINANCIAL CORP (LKFN) has a support level at 57.34 and a resistance level at 60.54. Check the full technical report for our detailed analysis of LKFN support and resistance levels.