LANDEC CORP (LNDC) Stock Technical Analysis
NASDAQ:LNDC - Nasdaq - US5147661046 - Common Stock - Currency: USD
Taking everything into account, LNDC scores 1 out of 10 in our technical rating. LNDC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
When comparing the yearly performance of all stocks, LNDC is a bad performer in the overall market: 60% of all stocks are doing better.
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 89 other stocks in this industry. LNDC outperforms 70% 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 has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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
7.86
12.01
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.
We can see 5 important resistance 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.
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. |
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)
8.76
-0.32 (-3.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-3.52%
1 Week-2.99%
2 Weeks-11.96%
1 Month5.8%
3 Month-20.72%
6 Month-3.31%
12 Month-7.69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%4.21%
ATR Inc-33.53%
Range Today0.3
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
CRS40
Mansfield-0.88
10 Day High9.99
10 Day Low8.57
20 Day High10.5
20 Day Low8
52 Week High12.04
52 Week Low7.65
CS1 End8.73
CR1 Start8.86
Volume & EV
DER(3)-2.77%
DER(5)-4.17%
Volume72.00K
Volume Incr-33.83%
Vol(5)48.20K
Vol(50)64.32K