LAKELAND FINANCIAL CORP (LKFN) Technical Analysis
NASDAQ:LKFN • US5116561003
Current stock price
LKFN Technical Rating and Analysis
Overall LKFN gets a technical rating of 1 out of 10. 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 68% of all other stocks performed better in the past year than LKFN.
- LKFN is one of the lesser performing stocks in the Banks industry. 84% of 380 stocks in the same industry do better.
- LKFN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LKFN is lagging the market slightly.
- In the last month LKFN has a been trading in the 54.36 - 60.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
LKFN Weekly and Daily overview Charts
LKFN Setup Rating and Analysis
LKFN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 58.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 57.23, a Stop Loss order could be placed below this zone.
More info and screens
LKFN Support and Resistance Analysis
55.80
We found 1 important support area.
- A support zone ranging from 56.36 to 57.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 58.23 to 59.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 60.85 to 63.88. 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.
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 | DOWN | NEGATIVE | The long term trend for LKFN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LKFN is neutral. |
| ChartMill Relative Strength | 32.08 | NEUTRAL | LKFN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LKFN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LKFN is below the rising 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) | 48.17 | NEUTRAL | The RSI value for LKFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests LKFN has a positive trend. |
| Stochastics (14,3) | 50.47 | NEUTRAL | The Stochastics value for LKFN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for LKFN suggests some volalility. |
| Average Directional Index/ADX (14) | 28.66 | POSITIVE | The high ADX value value for LKFN suggests a strong trend. |
LKFN Chart- and CandleStick Pattern Analysis
LKFN Technicals: Chart, Performance Metrics, Trend & Indicators
57.28
+0.49 (+0.86%)
LAKELAND FINANCIAL CORP / LKFN TA FAQ
Can you provide the ChartMill technical rating for LAKELAND FINANCIAL CORP?
ChartMill assigns a technical rating of 1 / 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 48.1711. 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 57.23 and a resistance level at 58.23. Check the full technical report for our detailed analysis of LKFN support and resistance levels.