LEMONADE INC (LMND) Stock Technical Analysis
NYSE:LMND - New York Stock Exchange, Inc. - US52567D1072 - Common Stock - Currency: USD
Taking everything into account, LMND scores 10 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.
When comparing the yearly performance of all stocks, we notice that LMND is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, LMND also shows a nice and consistent pattern of rising prices.
LMND is one of the better performing stocks in the Insurance industry, it outperforms 99% of 143 stocks in the same industry.
A new 52 week high is currently being made by LMND, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month LMND has a been trading in the 35.70 - 56.00 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 2916150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
30.37
55.14
We found 3 important support areas.
- Support @37.64 from a trend line in the daily time frame.
- Support @32.79 from a trend line in the weekly time frame.
- Support @30.68 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 | UP | POSITIVE | The short term trend for LMND is up. |
| ChartMill Relative Strength | 97.98 | POSITIVE | LMND has a high relative strength, it outperformed 97.98% 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) | 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) | 69.88 | NEUTRAL | The RSI value for LMND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.6 | POSITIVE | The MACD value suggests LMND has a positive trend. |
| Stochastics (14,3) | 89.47 | OVERBOUGHT | The high Stochastics value suggests LMND may be overbought. |
| Average True Range in percent/ATR (20) | 6.12 | HIGH VOLATILITY | The high ATR as a percentage value for LMND suggests high volalility. |
| Average Directional Index/ADX (14) | 24.68 | 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)
54.59
+2.22 (+4.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg4.24%
1 Week13.9%
2 Weeks49.44%
1 Month40.3%
3 Month67.61%
6 Month51.14%
12 Month222.64%
2 Year296.73%
3 Year146.79%
5 Year-7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.77
ATR(20)%6.12%
ATR Inc57.22%
Range Today5.19
ADR(20)3.01
ADR(20)%5.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.98
Mansfield5.13
10 Day High56
10 Day Low35.7
20 Day High56
20 Day Low35.7
52 Week High56
52 Week Low15.27
CS1 End37.64
CR1 StartN/A
Volume & EV
DER(3)2.91%
DER(5)1.24%
Volume3.82M
Volume Incr61.56%
Vol(5)4.09M
Vol(50)2.92M