Overall LMBS gets a technical rating of 6 out of 10. Although LMBS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the performance of all stocks over the past year, LMBS turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
- LMBS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LMBS is lagging the market.
- In the last month LMBS has a been trading in a tight range between 49.60 and 51.98.
Although the technical rating is only medium, LMBS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 50.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 50.16, a Stop Loss order could be placed below this zone.
More info and screens
47.12
We found 1 important support area.
- A support zone ranging from 47.60 to 50.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 50.23 to 50.29. 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 | UP | POSITIVE | The long term trend for LMBS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LMBS is neutral. |
| ChartMill Relative Strength | 47.4 | NEUTRAL | LMBS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LMBS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LMBS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LMBS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.01 | NEUTRAL | The RSI value for LMBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests LMBS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.78 | OVERSOLD | The low Stochastics value suggests LMBS may be oversold. |
| Average True Range in percent/ATR (20) | 0.5 | LOW VOLATILITY | The low ATR as a percentage value for LMBS suggests low volalility. |
| Average Directional Index/ADX (14) | 34.41 | POSITIVE | The high ADX value value for LMBS suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 50.30 | 49.91 | 0.39 (0.78%) | 25.00% |
| An entry @50.30. This is a Buy Stop order right above the resistance zone. | An exit @49.91. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.39 points, which is 0.78%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.19%. |
- The distance between exit and entry is rather small compared to the average daily movement of LMBS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
50.17
+0.06 (+0.12%)
FIRST TRUST LOW DURATION OPP / LMBS FAQ
Can you provide the ChartMill technical rating for FIRST TRUST LOW DURATION OPP?
ChartMill assigns a technical rating of 6 / 10 to LMBS.
What is the current trend direction of FIRST TRUST LOW DURATION OPP (LMBS) stock?
The current trend direction for FIRST TRUST LOW DURATION OPP (LMBS) is Bullish.
Can you provide the RSI signal for FIRST TRUST LOW DURATION OPP?
FIRST TRUST LOW DURATION OPP (LMBS) has an RSI value of 57.0144. This indicates that the stock is currently neutral.
What is the MACD signal for LMBS stock?
The MACD indicator for FIRST TRUST LOW DURATION OPP (LMBS) has a value of -0.00407053, indicating a bearish trend.