LEMONADE INC (LMND) Stock Technical Analysis
NYSE:LMND - New York Stock Exchange, Inc. - US52567D1072 - Common Stock - Currency: USD
Taking everything into account, LMND scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, LMND has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month LMND has a been trading in the 28.71 - 36.79 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
LMND has an average volume of 1820210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, LMND did better than 95% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although LMND has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
20.07
36.22
We found 5 important support areas.
- A support zone ranging from 32.27 to 32.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.46 to 30.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.21 from a trend line in the weekly time frame.
- Support @28.07 from a trend line in the daily time frame.
- Support @20.27 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 35.86 to 35.86. 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 LMND is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LMND is up. |
| ChartMill Relative Strength | 95.78 | POSITIVE | LMND has a high relative strength, it outperformed 95.78% 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 | MIXED | The current price of LMND is above 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) | 64.72 | NEUTRAL | The RSI value for LMND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests LMND has a positive trend. |
| Stochastics (14,3) | 85.9 | OVERBOUGHT | The high Stochastics value suggests LMND may be overbought. |
| Average True Range in percent/ATR (20) | 5.57 | HIGH VOLATILITY | The high ATR as a percentage value for LMND suggests high volalility. |
| Average Directional Index/ADX (14) | 21.58 | NEUTRAL | The ADX value for LMND suggests a possible start of a new 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)
35.85
+0.76 (+2.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg2.17%
1 Week10.21%
2 Weeks12.84%
1 Month18.28%
3 Month-0.86%
6 Month-23.77%
12 Month123.5%
2 Year112.76%
3 Year96.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.1
ATR(20)%5.57%
ATR Inc-5.06%
Range Today1.79
ADR(20)1.91
ADR(20)%5.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.78
Mansfield2.28
10 Day High36.79
10 Day Low28.71
20 Day High36.79
20 Day Low28.71
52 Week High53.85
52 Week Low14.03
CS1 End32.29
CR1 Start35.86
Volume & EV
DER(3)1.97%
DER(5)0.62%
Volume1.95M
Volume Incr37.62%
Vol(5)2.64M
Vol(50)1.82M