LAKELAND FINANCIAL CORP (LKFN) Stock Technical Analysis
NASDAQ:LKFN • US5116561003
We assign a technical rating of 0 out of 10 to LKFN. LKFN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 76% of all other stocks performed better in the past year than LKFN.
- LKFN is part of the Banks industry. There are 379 other stocks in this industry, of which 88% are performing better than LKFN.
- In the last month LKFN has a been trading in the 57.14 - 63.80 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- 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.
LKFN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 57.46, a Stop Loss order could be placed below this zone.
More info and screens
56.22
We found 1 important support area.
- A support zone ranging from 56.79 to 57.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 58.13 to 58.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 59.51 to 60.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 61.85 to 62.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 63.88 to 63.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @69.22 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 LKFN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LKFN is down. |
| ChartMill Relative Strength | 24.55 | NEGATIVE | LKFN has a low relative strength, it was outperformed by 75.45% 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) | DOWN | NEGATIVE | The current price of LKFN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LKFN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.52 | NEUTRAL | The RSI value for LKFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests LKFN has a negative trend. |
| Stochastics (14,3) | 28.93 | NEUTRAL | The Stochastics value for LKFN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for LKFN suggests some volalility. |
| Average Directional Index/ADX (14) | 15.64 | NEGATIVE | The low ADX value for LKFN suggests a weak or negative trend. |
58.09
-1.95 (-3.25%)
LAKELAND FINANCIAL CORP / LKFN FAQ
Can you provide the ChartMill technical rating for LAKELAND FINANCIAL CORP?
ChartMill assigns a technical rating of 0 / 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 41.517. 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 57.46 and a resistance level at 58.13. Check the full technical report for our detailed analysis of LKFN support and resistance levels.