LANDEC CORP (LNDC) Technical Analysis
NASDAQ:LNDC • US5147661046
Current stock price
LNDC Technical Rating and Analysis
Taking everything into account, LNDC scores 1 out of 10 in our technical rating. LNDC'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.
- 60% of all other stocks performed better in the past year than LNDC.
- LNDC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LNDC is lagging the market.
- LNDC is part of the Food Products industry. There are 87 other stocks in this industry, LNDC did better than 59% of them.
- In the last month LNDC has a been trading in the 8.00 - 10.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LNDC Weekly and Daily overview Charts
LNDC Setup Rating and Analysis
LNDC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
LNDC Support and Resistance Analysis
7.86
2 important support areas can be observed.
- Support @8.73 from a trend line in the daily time frame.
- Support @7.94 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 8.86 to 9.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.55 to 9.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.92 to 9.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.88 from a trend line in the weekly time frame.
- A resistance zone ranging from 11.64 to 11.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
LNDC Technical Indicator Signal Analysis
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 LNDC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LNDC is neutral. |
| ChartMill Relative Strength | 40 | NEUTRAL | LNDC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LNDC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LNDC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LNDC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.66 | NEUTRAL | The RSI value for LNDC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests LNDC has a negative trend. |
| Stochastics (14,3) | 30.95 | NEUTRAL | The Stochastics value for LNDC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for LNDC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.46 | NEUTRAL | The ADX value for LNDC suggests a possible start of a new trend. |
LNDC Chart- and CandleStick Pattern Analysis
LNDC Technicals: Chart, Performance Metrics, Trend & Indicators
8.76
-0.32 (-3.52%)
LANDEC CORP / LNDC TA FAQ
What is the ChartMill technical rating of LANDEC CORP (LNDC) stock?
ChartMill assigns a technical rating of 1 / 10 to LNDC.
What is the current trend direction of LANDEC CORP (LNDC) stock?
The current trend direction for LANDEC CORP (LNDC) is Bearish.
Can you provide the RSI signal for LANDEC CORP?
LANDEC CORP (LNDC) has an RSI value of 46.6556. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LANDEC CORP?
The MACD indicator for LANDEC CORP (LNDC) has a value of -0.00186904, indicating a bearish trend.
What are the support and resistance levels for LANDEC CORP (LNDC) stock?
LANDEC CORP (LNDC) has a support level at 8.73 and a resistance level at 8.86. Check the full technical report for our detailed analysis of LNDC support and resistance levels.