LOCAL BOUNTI CORP (LOCL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LOCL - US53960E2054 - Common Stock
Overall LOCL gets a technical rating of 0 out of 10. 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.
- When comparing the yearly performance of all stocks, LOCL is a bad performer in the overall market: 82% of all stocks are doing better.
- LOCL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- LOCL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: LOCL has an average volume of 16394 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- LOCL is an average performer in the Food Products industry, it outperforms 46% of 87 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, LOCL does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.15, 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
2.11
We found 1 important support area.
- A support zone ranging from 2.13 to 2.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 2.24 to 2.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.29 from a horizontal line in the daily time frame.
- Resistance @2.48 from a trend line in the weekly time frame.
- Resistance @2.67 from a horizontal line in the daily time frame.
- Resistance @3.31 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 | 18.47 | NEGATIVE | LOCL has a low relative strength, it was outperformed by 81.53% 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) | 42.73 | NEUTRAL | The RSI value for LOCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LOCL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.06 | NEUTRAL | The Stochastics value for LOCL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for LOCL suggests high volalility. |
| Average Directional Index/ADX (14) | 12.44 | NEGATIVE | The low ADX value for LOCL suggests a weak or negative trend. |
NYSE:LOCL (1/20/2026, 12:42:24 PM)
2.21
+0.01 (+0.45%)
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.
What is the current trend direction of LOCAL BOUNTI CORP (LOCL) stock?
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 42.7281. This indicates that the stock is currently neutral.
What is the short term momentum for LOCL stock?
The short term momentum for LOCAL BOUNTI CORP (LOCL) is negative.
What are the support and resistance levels for LOCAL BOUNTI CORP (LOCL) stock?
LOCAL BOUNTI CORP (LOCL) has a support level at 2.15 and a resistance level at 2.24. Check the full technical report for our detailed analysis of LOCL support and resistance levels.