STRIDE INC (LRN) Technical Analysis
NYSE:LRN • US86333M1080
Overall LRN gets a technical rating of 4 out of 10. In the past year, LRN was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- LRN 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.
- LRN is one of the better performing stocks in the Diversified Consumer Services industry, it outperforms 71% of 75 stocks in the same industry.
- LRN has an average volume of 1267340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- When compared to the yearly performance of all other stocks, LRN outperforms 50% of them, which is more or less in line with the market.
- In the last month LRN has a been trading in the 79.83 - 90.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LRN has only a medium 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 87.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 85.12, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
62.11
4 important support areas can be observed.
- A support zone ranging from 84.64 to 85.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 82.54 to 82.58. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @80.89 from a horizontal line in the daily time frame.
- A support zone ranging from 62.74 to 64.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 87.83 to 88.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @139.75 from a horizontal 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 LRN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LRN is up. |
| ChartMill Relative Strength | 50.42 | NEUTRAL | LRN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LRN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LRN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LRN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.84 | NEUTRAL | The RSI value for LRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests LRN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 82.61 | OVERBOUGHT | The high Stochastics value suggests LRN may be overbought. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for LRN suggests some volalility. |
| Average Directional Index/ADX (14) | 24.38 | NEUTRAL | The ADX value for LRN suggests a possible start of a new trend. |
LRN Technicals: Chart, Performance Metrics, Trend & Indicators
86.32
-0.37 (-0.43%)
STRIDE INC / LRN FAQ
What is the ChartMill technical rating of STRIDE INC (LRN) stock?
ChartMill assigns a technical rating of 4 / 10 to LRN.
What is the current trend direction of STRIDE INC (LRN) stock?
The current trend direction for STRIDE INC (LRN) is Bearish.
What is the RSI signal for STRIDE INC (LRN) stock?
STRIDE INC (LRN) has an RSI value of 61.8414. This indicates that the stock is currently neutral.
What is the MACD signal for STRIDE INC (LRN) stock?
The MACD indicator for STRIDE INC (LRN) has a value of -0.252616, indicating a bearish trend.
What is the buy/sell signal for LRN stock?
The buy/sell signal for STRIDE INC (LRN) is hold as the short term and long term trends are mixed.