Legg Mason Inc (LMHA) Technical Analysis
NYSE:LMHA
Current stock price
LMHA Technical Rating and Analysis
Overall LMHA gets a technical rating of 2 out of 10. In the last year, LMHA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, LMHA is a bad performer in the overall market: 70% of all stocks are doing better.
- LMHA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LMHA is lagging the market slightly.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- In the last month LMHA has a been trading in a tight range between 24.86 and 26.07.
- Volume is considerably higher in the last couple of days.
LMHA Weekly and Daily overview Charts
LMHA Setup Rating and Analysis
Although the technical rating is bad, LMHA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 25.28, a Stop Loss order could be placed below this zone.
More info and screens
LMHA Support and Resistance Analysis
24.81
When analyzing the support we notice one important area.
- A support zone ranging from 25.06 to 25.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.70 to 26.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
LMHA 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 LMHA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LMHA is neutral. |
| ChartMill Relative Strength | 30.99 | NEUTRAL | LMHA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LMHA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LMHA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LMHA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.58 | NEUTRAL | The RSI value for LMHA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LMHA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.25 | NEUTRAL | The Stochastics value for LMHA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.79 | LOW VOLATILITY | The low ATR as a percentage value for LMHA suggests low volalility. |
LMHA Chart- and CandleStick Pattern Analysis
LMHA Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:LMHA (8/20/2020, 7:25:40 PM)
25.7
-0.13 (-0.5%)
Legg Mason Inc / LMHA TA FAQ
What is the technical rating for LMHA stock?
ChartMill assigns a technical rating of 2 / 10 to LMHA.
What is the current trend direction of Legg Mason Inc (LMHA) stock?
The current trend direction for Legg Mason Inc (LMHA) is Bearish.
What is the RSI signal for LMHA stock?
Legg Mason Inc (LMHA) has an RSI value of 47.5806. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Legg Mason Inc?
The short term momentum for Legg Mason Inc (LMHA) is neutral.
What is the support and resistance level for LMHA stock?
Legg Mason Inc (LMHA) has a support level at 25.28 and a resistance level at 25.7. Check the full technical report for our detailed analysis of LMHA support and resistance levels.