SNYDERS-LANCE INC (LNCE) Stock Technical Analysis
NASDAQ:LNCE - Nasdaq - US8335511049
We assign a technical rating of 6 out of 10 to LNCE. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LNCE is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
LNCE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
LNCE has an average volume of 1056350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, LNCE did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month LNCE has a been trading in a tight range between 49.84 and 50.05.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, LNCE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 49.98, a Stop Loss order could be placed below this zone.
More info and screens
36.20
50.75
2 important support areas can be observed.
- A support zone ranging from 49.85 to 49.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 36.57 to 37.12. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 49.98 to 50.25. 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 | UP | POSITIVE | The long term trend for LNCE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LNCE is up. |
| ChartMill Relative Strength | 74.65 | POSITIVE | LNCE has a high relative strength, it outperformed 74.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LNCE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LNCE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LNCE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.28 | NEUTRAL | The RSI value for LNCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LNCE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.56 | NEUTRAL | The Stochastics value for LNCE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.11 | LOW VOLATILITY | The low ATR as a percentage value for LNCE suggests low volalility. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 50.06 | 49.92 | 0.14 (0.28%) | 25.00% |
| An entry @50.06. This is a Buy Stop order right above the 10 day high. | An exit @49.92. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 0.28%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.07%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:LNCE (3/23/2018, 8:08:48 PM)
49.98
+0.01 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.02%
1 Week-0.04%
2 Weeks0.04%
1 Month0.14%
3 Month-0.52%
6 Month35.15%
12 Month25.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.11%
ATR Inc-46.15%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.65
Mansfield2.22
10 Day High50.05
10 Day Low49.93
20 Day High50.05
20 Day Low49.84
52 Week High50.67
52 Week Low31.03
CS1 End49.98
CR1 Start49.98
Volume & EV
DER(3)-1.86%
DER(5)-2.82%
Volume5.50M
Volume Incr115.6%
Vol(5)1.86M
Vol(50)1.06M