LOCAL BOUNTI CORP (LOCL) Stock Technical Analysis
NYSE:LOCL - New York Stock Exchange, Inc. - US53960E2054 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to LOCL. LOCL 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 negative, as is the long term trend. There should be more interesting stocks out there.
81% of all other stocks performed better in the past year than LOCL.
LOCL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
LOCL is an average performer in the Food Products industry, it outperforms 44% of 89 stocks in the same industry.
In the last month LOCL has a been trading in the 1.90 - 2.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
LOCL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for LOCL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.24
4.86
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.01 to 2.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.93 from a horizontal line in the daily time frame.
- A support zone ranging from 1.88 to 1.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.25 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @2.11 from a horizontal line in the daily time frame.
- Resistance @4.81 from a horizontal line in the weekly 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 LOCL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LOCL is down. |
| ChartMill Relative Strength | 19.12 | NEGATIVE | LOCL has a low relative strength, it was outperformed by 80.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LOCL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LOCL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LOCL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.48 | NEUTRAL | The RSI value for LOCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests LOCL has a positive trend. |
| Stochastics (14,3) | 53.33 | NEUTRAL | The Stochastics value for LOCL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.25 | HIGH VOLATILITY | The high ATR as a percentage value for LOCL suggests high volalility. |
| Average Directional Index/ADX (14) | 10.35 | NEGATIVE | The low ADX value for LOCL suggests a weak or negative 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)
NYSE:LOCL (6/16/2025, 8:04:00 PM)
2.04
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0%
1 Week1.49%
2 Weeks0.49%
1 Month-12.07%
3 Month7.37%
6 Month0.49%
12 Month-32.45%
2 Year-25%
3 Year-95.07%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%7.25%
ATR Inc69.65%
Range Today0.18
ADR(20)0.14
ADR(20)%6.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.12
Mansfield-1.98
10 Day High2.18
10 Day Low1.92
20 Day High2.45
20 Day Low1.9
52 Week High5.75
52 Week Low1.18
CS1 End2.03
CR1 Start2.11
Volume & EV
DER(3)4.8%
DER(5)-2.03%
Volume7.00K
Volume Incr26.55%
Vol(5)12.82K
Vol(50)38.65K