LINDSAY CORP (LNN) Stock Technical Analysis
USA - NYSE:LNN - US5355551061 - Common Stock
Overall LNN gets a technical rating of 0 out of 10. LNN'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.
Although the technical rating is bad, LNN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 110.06, a Stop Loss order could be placed below this zone.
More info and screens
108.39
We found 1 important support area.
- A support zone ranging from 109.48 to 110.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 114.58 to 115.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 137.08 to 138.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @143.08 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 | DOWN | NEGATIVE | The long term trend for LNN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LNN is down. |
| ChartMill Relative Strength | 17.62 | NEGATIVE | LNN has a low relative strength, it was outperformed by 82.38% off all stocks 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) | DOWN | NEGATIVE | The current price of LNN is below a declining 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) | 28.85 | OVERSOLD | The low RSI value suggests LNN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests LNN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 24.98 | NEUTRAL | The Stochastics value for LNN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for LNN suggests some volalility. |
| Average Directional Index/ADX (14) | 42.19 | POSITIVE | The high ADX value value for LNN suggests a strong trend. |
110.07
-1.81 (-1.62%)
LINDSAY CORP / LNN FAQ
What is the technical rating for LNN stock?
ChartMill assigns a technical rating of 0 / 10 to LNN.
Can you provide the trend direction for LINDSAY CORP?
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 28.8539. This indicates that the stock is currently oversold.
What is the short term momentum for LNN stock?
The short term momentum for LINDSAY CORP (LNN) is negative.
Can you provide the buy/sell signal for LINDSAY CORP?
The buy/sell signal for LINDSAY CORP (LNN) is sell as both the short term and long term trends are negative.