LOCAL BOUNTI CORP (LOCL) Stock Technical Analysis
USA - NYSE:LOCL - US53960E2054 - Common Stock
We assign a technical rating of 2 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 technical rating of LOCL is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.91
4 important support areas can be observed.
- Support @2.37 from a trend line in the weekly time frame.
- Support @2.27 from a trend line in the daily time frame.
- Support @2.10 from a trend line in the daily time frame.
- Support @1.93 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @3.09 from a trend line in the weekly time frame.
- Resistance @3.38 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 | NEUTRAL | NEUTRAL | The long term trend for LOCL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LOCL is down. |
| ChartMill Relative Strength | 32.92 | NEUTRAL | LOCL is not amongst the best or worst performers 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) | UP | MIXED | The current price of LOCL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LOCL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.39 | NEUTRAL | The RSI value for LOCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests LOCL has a negative trend. |
| Stochastics (14,3) | 2.44 | OVERSOLD | The low Stochastics value suggests LOCL may be oversold. |
| Average True Range in percent/ATR (20) | 11.04 | HIGH VOLATILITY | The high ATR as a percentage value for LOCL suggests high volalility. |
| Average Directional Index/ADX (14) | 40 | POSITIVE | The high ADX value value for LOCL suggests a strong trend. |
NYSE:LOCL (10/31/2025, 8:04:00 PM)
2.58
-0.08 (-3.01%)
LOCAL BOUNTI CORP / LOCL FAQ
Can you provide the ChartMill technical rating for LOCAL BOUNTI CORP?
ChartMill assigns a technical rating of 2 / 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 39.3941. 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 2.37 and a resistance level at 3.09. Check the full technical report for our detailed analysis of LOCL support and resistance levels.