LEMONADE INC (LMND) Technical Analysis
NYSE:LMND • US52567D1072
Current stock price
LMND Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to LMND. 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.
- Looking at the yearly performance, LMND did better than 89% of all other stocks. On top of that, LMND also shows a nice and consistent pattern of rising prices.
- LMND is part of the Insurance industry. There are 147 other stocks in this industry. LMND outperforms 98% of them.
- LMND has an average volume of 2732920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- 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.
- In the last month LMND has a been trading in the 48.90 - 69.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
LMND Weekly and Daily overview Charts
LMND Setup Rating and Analysis
LMND has an average technical rating and it also 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
LMND Support and Resistance Analysis
51.21
3 important support areas can be observed.
- A support zone ranging from 54.50 to 55.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 52.66 to 53.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.73 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 63.89 to 65.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 66.87 to 67.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for LMND is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LMND is neutral. |
| ChartMill Relative Strength | 89.22 | POSITIVE | LMND has a high relative strength, it outperformed 89.22% 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) | 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) | 44.35 | NEUTRAL | The RSI value for LMND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.7 | POSITIVE | The MACD value suggests LMND has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.13 | NEUTRAL | The Stochastics value for LMND is a neutral value. |
| Average True Range in percent/ATR (20) | 6.5 | HIGH VOLATILITY | The high ATR as a percentage value for LMND suggests high volalility. |
| Average Directional Index/ADX (14) | 21.04 | NEUTRAL | The ADX value for LMND suggests a possible start of a new trend. |
LMND Chart- and CandleStick Pattern Analysis
LMND Technicals: Chart, Performance Metrics, Trend & Indicators
58.72
-1.98 (-3.26%)
LEMONADE INC / LMND TA FAQ
Can you provide the ChartMill technical rating for LEMONADE INC?
ChartMill assigns a technical rating of 6 / 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 44.3512. 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 0.703463, indicating a bearish trend.
What is the support and resistance level for LMND stock?
LEMONADE INC (LMND) has a support level at 55.09 and a resistance level at 63.89. Check the full technical report for our detailed analysis of LMND support and resistance levels.