LEMONADE INC (LMND) Technical Analysis
NYSE:LMND • US52567D1072
Current stock price
LMND Technical Rating and Analysis
Taking everything into account, LMND scores 2 out of 10 in our technical rating. Although LMND is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month LMND has a been trading in the 48.29 - 74.85 range, which is quite wide. It is currently trading near the lows of this range.
- LMND is one of the better performing stocks in the Insurance industry, it outperforms 91% of 149 stocks in the same industry.
- LMND has an average volume of 2650900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that LMND is one of the better performing stocks in the market, outperforming 78% of all stocks. However, we also see that LMND couldn't keep up this performance in the last couple of months.
- LMND 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 LMND is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
LMND Weekly and Daily overview Charts
LMND Setup Rating and Analysis
LMND has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 55.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 51.91, a Stop Loss order could be placed below this zone.
More info and screens
LMND Support and Resistance Analysis
43.08
When analyzing the support we can see 3 important areas.
- A support zone ranging from 51.73 to 51.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @50.50 from a horizontal line in the daily time frame.
- Support @43.52 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 55.16 to 55.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
LMND 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 LMND is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LMND is down. |
| ChartMill Relative Strength | 78.1 | POSITIVE | LMND has a high relative strength, it outperformed 78.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LMND is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LMND is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LMND is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41 | NEUTRAL | The RSI value for LMND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.89 | POSITIVE | The MACD value suggests LMND has a positive trend. |
| Stochastics (14,3) | 59.55 | NEUTRAL | The Stochastics value for LMND is a neutral value. |
| Average True Range in percent/ATR (20) | 7.67 | HIGH VOLATILITY | The high ATR as a percentage value for LMND suggests high volalility. |
| Average Directional Index/ADX (14) | 18.77 | NEGATIVE | The low ADX value for LMND suggests a weak or negative trend. |
LMND Chart- and CandleStick Pattern Analysis
LMND Technicals: Chart, Performance Metrics, Trend & Indicators
55.15
+2.26 (+4.27%)
LEMONADE INC / LMND TA FAQ
Can you provide the ChartMill technical rating for LEMONADE INC?
ChartMill assigns a technical rating of 2 / 10 to LMND.
What is the current trend direction of LEMONADE INC (LMND) stock?
The current trend direction for LEMONADE INC (LMND) is Bearish.
Can you provide the RSI signal for LEMONADE INC?
LEMONADE INC (LMND) has an RSI value of 40.9989. This indicates that the stock is currently neutral.
What is the MACD signal for LEMONADE INC (LMND) stock?
The MACD indicator for LEMONADE INC (LMND) has a value of 0.887652, indicating a bearish trend.
What is the support and resistance level for LMND stock?
LEMONADE INC (LMND) has a support level at 51.91 and a resistance level at 55.16. Check the full technical report for our detailed analysis of LMND support and resistance levels.