LIMONEIRA CO (LMNR) Stock Technical Analysis
NASDAQ:LMNR - Nasdaq - US5327461043 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to LMNR. LMNR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
85% of all other stocks performed better in the past year than LMNR.
LMNR is one of the lesser performing stocks in the Food Products industry. 65% of 89 stocks in the same industry do better.
LMNR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so LMNR is lagging the market.
In the last month LMNR has a been trading in the 15.02 - 17.19 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, LMNR does present a nice setup opportunity. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.85
17.27
2 important support areas can be observed.
- Support @15.34 from a horizontal line in the weekly time frame.
- A support zone ranging from 15.00 to 15.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 15.75 to 15.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 16.26 to 16.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 16.56 to 16.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.10 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for LMNR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LMNR is neutral. |
| ChartMill Relative Strength | 15.43 | NEGATIVE | LMNR has a low relative strength, it was outperformed by 84.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LMNR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LMNR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LMNR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.03 | NEUTRAL | The RSI value for LMNR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests LMNR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 32.1 | NEUTRAL | The Stochastics value for LMNR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for LMNR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.78 | NEGATIVE | The low ADX value for LMNR suggests a weak or negative 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)
15.4
-0.66 (-4.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-4.11%
1 Week0.33%
2 Weeks-2.47%
1 Month-4.11%
3 Month-16.8%
6 Month-43.01%
12 Month-21.11%
2 Year-1.03%
3 Year9.3%
5 Year6.28%
10 Year-30.72%
15 Year-29.23%
Volatility
ATR(14)0.65
ATR(20)%3.98%
ATR Inc37.23%
Range Today0.75
ADR(20)0.59
ADR(20)%3.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.43
Mansfield-3.29
10 Day High17.19
10 Day Low15.02
20 Day High17.19
20 Day Low15.02
52 Week High29.22
52 Week Low14.8
CS1 End15.34
CR1 Start15.75
Volume & EV
DER(3)-0.18%
DER(5)-1.1%
Volume74.10K
Volume Incr162.71%
Vol(5)151.28K
Vol(50)88.08K