LEMONADE INC (LMND) Stock Technical Analysis
NYSE:LMND - New York Stock Exchange, Inc. - US52567D1072 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to LMND. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LMND is showing a nice and steady performance.
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 yearly performance of all stocks, we notice that LMND is one of the better performing stocks in the market, outperforming 94% of all stocks.
LMND is one of the better performing stocks in the Insurance industry, it outperforms 97% of 145 stocks in the same industry.
LMND has an average volume of 2488490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LMND is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LMND is lagging the market.
In the last month LMND has a been trading in the 37.55 - 47.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LMND has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
20.75
45.50
We found 5 important support areas.
- Support @39.25 from a trend line in the daily time frame.
- A support zone ranging from 37.53 to 38.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.89 from a trend line in the daily time frame.
- Support @31.36 from a trend line in the weekly time frame.
- Support @20.96 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @43.28 from a trend line in the weekly time frame.
- Resistance @44.32 from a horizontal line in the weekly time frame.
- Resistance @45.05 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for LMND is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LMND is neutral. |
| ChartMill Relative Strength | 94.1 | POSITIVE | LMND has a high relative strength, it outperformed 94.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LMND is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LMND is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LMND is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.77 | NEUTRAL | The RSI value for LMND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.61 | NEGATIVE | The MACD value suggests LMND has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.91 | NEUTRAL | The Stochastics value for LMND is a neutral value. |
| Average True Range in percent/ATR (20) | 6.45 | HIGH VOLATILITY | The high ATR as a percentage value for LMND suggests high volalility. |
| Average Directional Index/ADX (14) | 26.41 | POSITIVE | The high ADX value value for LMND suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
40.73
+0.8 (+2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg2%
1 Week2.41%
2 Weeks-3.02%
1 Month7.55%
3 Month52.09%
6 Month24.06%
12 Month84.38%
2 Year75.18%
3 Year116.07%
5 Year-29.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.2
ATR(20)%6.45%
ATR Inc-37.36%
Range Today1.22
ADR(20)2.58
ADR(20)%6.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.1
Mansfield2.18
10 Day High44.49
10 Day Low37.66
20 Day High47.25
20 Day Low37.55
52 Week High53.85
52 Week Low14.9
CS1 End39.25
CR1 Start43.28
Volume & EV
DER(3)-2.74%
DER(5)0.07%
Volume1.60M
Volume Incr-33.54%
Vol(5)1.85M
Vol(50)2.49M