LAKELAND FINANCIAL CORP (LKFN) Technical Analysis
NASDAQ:LKFN • US5116561003
Current stock price
LKFN Technical Rating and Analysis
Overall LKFN gets a technical rating of 5 out of 10. LKFN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- LKFN is one of the lesser performing stocks in the Banks industry. 73% of 376 stocks in the same industry do better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month LKFN has a been trading in the 54.80 - 62.19 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, LKFN turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
- 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.
- Considerably lower volume is observed in the last couple of days.
LKFN Weekly and Daily overview Charts
LKFN Setup Rating and Analysis
LKFN has an average technical rating and also the quality of the setup is only medium 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
LKFN Support and Resistance Analysis
54.47
When analyzing the support we can see 4 important areas.
- A support zone ranging from 60.23 to 60.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 58.60 to 58.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @56.79 from a horizontal line in the daily time frame.
- A support zone ranging from 55.02 to 55.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 61.85 to 62.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @63.88 from a horizontal line in the daily time frame.
- 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.
LKFN Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for LKFN is up. |
| ChartMill Relative Strength | 51.39 | NEUTRAL | LKFN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LKFN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LKFN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LKFN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.54 | NEUTRAL | The RSI value for LKFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests LKFN has a positive trend. |
| Stochastics (14,3) | 75.58 | NEUTRAL | The Stochastics value for LKFN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for LKFN suggests some volalility. |
| Average Directional Index/ADX (14) | 17.72 | NEGATIVE | The low ADX value for LKFN suggests a weak or negative trend. |
LKFN Chart- and CandleStick Pattern Analysis
LKFN Technicals: Chart, Performance Metrics, Trend & Indicators
61.32
+1.45 (+2.42%)
LAKELAND FINANCIAL CORP / LKFN TA FAQ
Can you provide the ChartMill technical rating for LAKELAND FINANCIAL CORP?
ChartMill assigns a technical rating of 5 / 10 to LKFN.
What is the trend direction for LKFN stock?
The current trend direction for LAKELAND FINANCIAL CORP (LKFN) is Bearish.
Can you provide the RSI signal for LAKELAND FINANCIAL CORP?
LAKELAND FINANCIAL CORP (LKFN) has an RSI value of 65.5413. This indicates that the stock is currently neutral.
What is the short term momentum for LKFN stock?
The short term momentum for LAKELAND FINANCIAL CORP (LKFN) is positive.