LINDSAY CORP (LNN) Technical Analysis
NYSE:LNN • US5355551061
Taking everything into account, LNN scores 5 out of 10 in our technical rating. In the last year, LNN was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- In the last month LNN has a been trading in the 128.51 - 148.00 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the performance of all stocks over the past year, LNN turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
- LNN is an average performer in the Machinery industry, it outperforms 44% of 130 stocks in the same industry.
- LNN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LNN is lagging the market slightly.
Although the technical rating is only medium, LNN does present a nice setup opportunity. 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 134.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 131.10, a Stop Loss order could be placed below this zone. 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
128.30
2 important resistance areas can be observed.
- A resistance zone ranging from 130.12 to 131.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 134.39 to 135.57. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for LNN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LNN is neutral. |
| ChartMill Relative Strength | 52.86 | NEUTRAL | LNN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LNN is below a declining 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) | 47.27 | NEUTRAL | The RSI value for LNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.72 | NEGATIVE | The MACD value suggests LNN has a negative trend. |
| Stochastics (14,3) | 18.7 | OVERSOLD | The low Stochastics value suggests LNN may be oversold. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for LNN suggests some volalility. |
| Average Directional Index/ADX (14) | 36.52 | POSITIVE | The high ADX value value for LNN suggests a strong trend. |
LNN Technicals: Chart, Performance Metrics, Trend & Indicators
129.6
-1.51 (-1.15%)
LINDSAY CORP / LNN FAQ
What is the technical rating for LNN stock?
ChartMill assigns a technical rating of 5 / 10 to LNN.
What is the current trend direction of LINDSAY CORP (LNN) stock?
The current trend direction for LINDSAY CORP (LNN) is Bullish.
What is the RSI signal for LINDSAY CORP (LNN) stock?
LINDSAY CORP (LNN) has an RSI value of 47.2661. 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.