LINDSAY CORP (LNN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LNN - US5355551061 - Common Stock
We assign a technical rating of 3 out of 10 to LNN. Recently some decent action could be observed, but in the medium term time frame this is still negative. LNN was also a bad performer in the overall market in the last year.
LNN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 125.15. Right above this resistance zone may be a good entry point.
More info and screens
112.15
2 important support areas can be observed.
- A support zone ranging from 120.87 to 121.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @113.28 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 125.15 to 126.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 133.52 to 134.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @137.08 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 LNN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LNN is neutral. |
| ChartMill Relative Strength | 28.42 | NEGATIVE | LNN has a low relative strength, it was outperformed by 71.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LNN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LNN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LNN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.74 | NEUTRAL | The RSI value for LNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests LNN has a positive trend. |
| Stochastics (14,3) | 59.05 | NEUTRAL | The Stochastics value for LNN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for LNN suggests some volalility. |
| Average Directional Index/ADX (14) | 14.69 | NEGATIVE | The low ADX value for LNN suggests a weak or negative trend. |
125.14
-1.5 (-1.18%)
LINDSAY CORP / LNN FAQ
What is the technical rating for LNN stock?
ChartMill assigns a technical rating of 3 / 10 to LNN.
What is the current trend direction of LINDSAY CORP (LNN) stock?
The current trend direction for LINDSAY CORP (LNN) is Bearish.
What is the RSI signal for LINDSAY CORP (LNN) stock?
LINDSAY CORP (LNN) has an RSI value of 58.7407. This indicates that the stock is currently neutral.
What is the short term momentum for LINDSAY CORP (LNN) stock?
The short term momentum for LINDSAY CORP (LNN) is neutral.