LMB Technical Analysis - LIMBACH HOLDINGS INC

Technical Rating and Analysis

We assign a technical rating of 1 out of 10 to LMB. LMB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month LMB has a been trading in the 101.35 - 128.57 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!

When compared to the yearly performance of all other stocks, LMB outperforms 66% of them, which is more or less in line with the market.

LMB is part of the Construction & Engineering industry. There are 52 other stocks in this industry, LMB did better than 45% of them.

LMB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LMB is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

LIMBACH HOLDINGS INC / LMB Weekly stock chart

LIMBACH HOLDINGS INC / LMB Daily stock chart

Setup Rating and Analysis

The technical rating of LMB is bad and it also does not present a quality setup 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

77.63

120.77

4 important support areas can be observed.

Support @105.92 from a horizontal line in the weekly time frame.
A support zone ranging from 103.14 to 104.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
Support @83.10 from a trend line in the weekly time frame.
Support @78.41 from a trend line in the weekly time frame.

We found 1 important resistance area.

A resistance zone ranging from 117.76 to 119.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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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 LMB is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for LMB is down.
ChartMill Relative Strength	66.66	NEUTRAL	LMB is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of LMB is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of LMB is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of LMB is below the rising SMA(200).
Relative Strength Index/RSI (14)	38.28	NEUTRAL	The RSI value for LMB is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.65	NEGATIVE	The MACD value suggests LMB has a negative trend, although the MACD value is rising.
Stochastics (14,3)	10.2	OVERSOLD	The low Stochastics value suggests LMB may be oversold.
Average True Range in percent/ATR (20)	4.88	MEDIUM VOLATILITY	The ATR as a percentage value for LMB suggests some volalility.
Average Directional Index/ADX (14)	20.14	NEUTRAL	The ADX value for LMB suggests a possible start of a new trend.