LOCAL BOUNTI CORP (LOCL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LOCL - US53960E2054 - Common Stock
We assign a technical rating of 0 out of 10 to LOCL. LOCL'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.
LOCL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.18, a Stop Loss order could be placed below this zone. 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
2.16
When analyzing the support we notice one important area.
- A support zone ranging from 2.18 to 2.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.56 to 2.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.01 from a trend line in the daily time frame.
- Resistance @3.34 from a trend 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 LOCL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LOCL is down. |
| ChartMill Relative Strength | 22.67 | NEGATIVE | LOCL has a low relative strength, it was outperformed by 77.33% 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) | UP | MIXED | The current price of LOCL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.98 | NEUTRAL | The RSI value for LOCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LOCL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.58 | OVERSOLD | The low Stochastics value suggests LOCL may be oversold. |
| Average True Range in percent/ATR (20) | 9.03 | HIGH VOLATILITY | The high ATR as a percentage value for LOCL suggests high volalility. |
| Average Directional Index/ADX (14) | 13.33 | NEGATIVE | The low ADX value for LOCL suggests a weak or negative trend. |
NYSE:LOCL (12/29/2025, 8:04:00 PM)
2.25
+0.06 (+2.74%)
LOCAL BOUNTI CORP / LOCL FAQ
Can you provide the ChartMill technical rating for LOCAL BOUNTI CORP?
ChartMill assigns a technical rating of 0 / 10 to LOCL.
Can you provide the trend direction for LOCAL BOUNTI CORP?
The current trend direction for LOCAL BOUNTI CORP (LOCL) is Bearish.
Can you provide the RSI signal for LOCAL BOUNTI CORP?
LOCAL BOUNTI CORP (LOCL) has an RSI value of 41.9778. This indicates that the stock is currently neutral.
Can you provide the short term momentum for LOCAL BOUNTI CORP?
The short term momentum for LOCAL BOUNTI CORP (LOCL) is negative.
Can you provide the support and resistance levels for LOCAL BOUNTI CORP?
LOCAL BOUNTI CORP (LOCL) has a support level at 2.18 and a resistance level at 2.56. Check the full technical report for our detailed analysis of LOCL support and resistance levels.