LAKE SHORE BANCORP INC (LSBK)
US5107001076 - Common Stock
We assign a technical rating of 8 out of 10 to LSBK. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LSBK is only an average performer.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: LSBK has an average volume of 2060 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
LSBK is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month LSBK has a been trading in the 10.30 - 12.33 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, LSBK outperforms 55% of them, which is more or less in line with the market.
LSBK is part of the Banks industry. There are 412 other stocks in this industry, LSBK did better than 41% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
LSBK has an excellent technical rating, but the quality of the setup is only medium 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
9.56
12.46
We found 4 important support areas.
- A support zone ranging from 12.06 to 12.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 11.28 to 11.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.37 to 10.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.66 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.34 to 12.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.16
Mansfield-0.08
10 Day High12.33
10 Day Low11.4
20 Day High12.33
20 Day Low10.3
52 Week High12.33
52 Week Low9.51
Performance
1 Week7.97%
2 Weeks5.03%
1 Month15.45%
3 Month6.66%
6 Month19.83%
12 Month8.83%
2 Year-12.24%
3 Year-16.41%
5 Year-16.97%
10 Year0.49%
15 Year64.18%
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)
Technical Indicators
MACD(12,26,9)0.13
RSI(14)66.07
LBB10.74
UBB12.48
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.35 | 12.05 | 0.30 (2.43%) | 25.00% |
| An entry @12.35. This is a Buy Stop order right above the resistance zone. | An exit @12.05. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.30 points, which is 2.43%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.61%. |
- The distance between exit and entry is rather small compared to the average daily movement of LSBK. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LAKE SHORE BANCORP INC
NASDAQ:LSBK (5/13/2024, 7:00:00 PM)
12.33
+0.33 (+2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.75%
1 Week7.97%
2 Weeks5.03%
1 Month15.45%
3 Month6.66%
6 Month19.83%
12 Month8.83%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.39
ATR(20)%2.81%
ATR Inc
Range Today0.03
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.33
10 Day Low11.4
20 Day High12.33
20 Day Low10.3
52 Week High12.33
52 Week Low9.51
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume800
Volume Incr-52.31%
Vol(5)1.24K
Vol(50)2.06K