LEMONADE INC (LMND) Stock Technical Analysis
USA - NYSE:LMND - US52567D1072 - Common Stock
We assign a technical rating of 8 out of 10 to LMND. In the last year, LMND was one of the better performers, but we do observe some doubts in the very recent evolution.
LMND has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 48.78, a Stop Loss order could be placed below this zone.
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When analyzing the support we can see 4 important areas.
- A support zone ranging from 47.54 to 48.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.58 from a trend line in the daily time frame.
- Support @43.94 from a trend line in the weekly time frame.
- Support @36.37 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @56.11 from a horizontal line in the daily time frame.
- Resistance @59.74 from a horizontal 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 | 96.42 | POSITIVE | LMND has a high relative strength, it outperformed 96.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LMND is above the rising 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 | POSITIVE | The current price of LMND is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.66 | NEUTRAL | The RSI value for LMND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests LMND has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.07 | NEUTRAL | The Stochastics value for LMND is a neutral value. |
| Average True Range in percent/ATR (20) | 6.57 | HIGH VOLATILITY | The high ATR as a percentage value for LMND suggests high volalility. |
| Average Directional Index/ADX (14) | 11.3 | NEGATIVE | The low ADX value for LMND suggests a weak or negative 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 |
|---|---|---|---|
| 56.12 | 47.53 | 8.59 (15.31%) | 6.53% |
| An entry @56.12. This is a Buy Stop order right above the resistance zone. | An exit @47.53. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 8.59 points, which is 15.31%. | When investing 6.53% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
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+0.75 (+1.46%)
LEMONADE INC / LMND FAQ
Can you provide the ChartMill technical rating for LEMONADE INC?
ChartMill assigns a technical rating of 8 / 10 to LMND.
Can you provide the trend direction for LEMONADE INC?
The current trend direction for LEMONADE INC (LMND) is Bullish.
Can you provide the RSI signal for LEMONADE INC?
LEMONADE INC (LMND) has an RSI value of 50.6554. This indicates that the stock is currently neutral.
What is the MACD signal for LMND stock?
The MACD indicator for LEMONADE INC (LMND) has a value of -0.0766266, indicating a bearish trend.
Can you provide the support and resistance levels for LEMONADE INC?
LEMONADE INC (LMND) has a support level at 48.78 and a resistance level at 56.11. Check the full technical report for our detailed analysis of LMND support and resistance levels.