LINAMAR CORP (LNR.CA) Stock Technical Analysis
TSX:LNR - Toronto Stock Exchange - CA53278L1076 - Common Stock - Currency: CAD
Overall LNR gets a technical rating of 8 out of 10. Although LNR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
LNR is one of the better performing stocks in the Automobile Components industry, it outperforms 100% of 4 stocks in the same industry.
LNR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, LNR outperforms 50% of them, which is more or less in line with the market.
LNR 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 LNR is lagging the market slightly.
LNR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 62.34. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for LNR in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
60.05
64.69
When analyzing the support we notice one important area.
- A support zone ranging from 60.66 to 60.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 62.34 to 62.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 63.98 to 64.05. 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 | UP | POSITIVE | The long term trend for LNR.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LNR.CA is up. |
| ChartMill Relative Strength | 50.55 | NEUTRAL | LNR.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LNR.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LNR.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LNR.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.07 | NEUTRAL | The RSI value for LNR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LNR.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.02 | OVERBOUGHT | The high Stochastics value suggests LNR.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for LNR.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 39.15 | POSITIVE | The high ADX value value for LNR.CA suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 62.87 | 60.65 | 2.22 (3.53%) | 25.00% |
| An entry @62.87. This is a Buy Stop order right above the resistance zone. | An exit @60.65. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.22 points, which is 3.53%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.88%. |
- The distance between exit and entry is rather small compared to the average daily movement of LNR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:LNR (5/28/2025, 7:00:00 PM)
62.01
-0.6 (-0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-0.96%
1 Week1.49%
2 Weeks-1.34%
1 Month23.3%
3 Month18.72%
6 Month0.88%
12 Month-12.67%
2 Year3.18%
3 Year11.27%
5 Year62.16%
10 Year-26.81%
15 Year220.8%
Volatility
ATR(14)1.79
ATR(20)%2.65%
ATR Inc-20.04%
Range Today1.09
ADR(20)1.46
ADR(20)%2.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.55
Mansfield0.13
10 Day High63.07
10 Day Low60.11
20 Day High63.07
20 Day Low48.8
52 Week High71.95
52 Week Low43.84
CS1 End60.66
CR1 Start62.34
Volume & EV
DER(3)8.61%
DER(5)5.06%
Volume75.21K
Volume Incr-36.04%
Vol(5)68.87K
Vol(50)128.56K