LINCOLN NATIONAL CORP (LNC) Stock Technical Analysis
NYSE:LNC - New York Stock Exchange, Inc. - US5341871094 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to LNC. In the past year, LNC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
LNC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 34.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.16, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LNC in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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.
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28.42
When analyzing the support we can see 5 important areas.
- A support zone ranging from 32.38 to 32.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @30.58 from a trend line in the weekly time frame.
- Support @30.06 from a horizontal line in the weekly time frame.
- A support zone ranging from 29.45 to 29.50. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 28.71 to 28.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 33.02 to 33.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.27 to 34.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @35.50 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for LNC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LNC is neutral. |
| ChartMill Relative Strength | 35.75 | NEUTRAL | LNC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LNC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LNC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LNC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.13 | NEUTRAL | The RSI value for LNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LNC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.83 | NEUTRAL | The Stochastics value for LNC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for LNC suggests some volalility. |
| Average Directional Index/ADX (14) | 7.77 | NEGATIVE | The low ADX value for LNC suggests a weak or negative trend. |
33.01
-0.16 (-0.48%)