LIMESTONE BANCORP INC (LMST) Stock Technical Analysis
USA - NASDAQ:LMST - US53262L1052 - Common Stock
Taking everything into account, LMST scores 4 out of 10 in our technical rating. LMST has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
LMST has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 23.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.46, a Stop Loss order could be placed below this zone.
More info and screens
18.47
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.20 to 22.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.35 from a trend line in the weekly time frame.
- Support @18.66 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.43 to 23.75. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for LMST is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LMST is up. |
| ChartMill Relative Strength | 71.85 | POSITIVE | LMST has a high relative strength, it outperformed 71.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LMST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LMST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LMST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.78 | NEUTRAL | The RSI value for LMST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests LMST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.89 | OVERBOUGHT | The high Stochastics value suggests LMST may be overbought. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for LMST suggests some volalility. |
| Average Directional Index/ADX (14) | 22.17 | NEUTRAL | The ADX value for LMST suggests a possible start of a new trend. |
NASDAQ:LMST (4/28/2023, 8:00:00 PM)
23.42
-0.33 (-1.39%)
LIMESTONE BANCORP INC / LMST FAQ
What is the ChartMill technical rating of LIMESTONE BANCORP INC (LMST) stock?
ChartMill assigns a technical rating of 4 / 10 to LMST.
What is the trend direction for LMST stock?
The current trend direction for LIMESTONE BANCORP INC (LMST) is Bearish.
Can you provide the RSI signal for LIMESTONE BANCORP INC?
LIMESTONE BANCORP INC (LMST) has an RSI value of 51.7796. This indicates that the stock is currently neutral.
Can you provide the short term momentum for LIMESTONE BANCORP INC?
The short term momentum for LIMESTONE BANCORP INC (LMST) is positive.