LAKE SHORE BANCORP INC/MD (LSBK) Stock Technical Analysis
USA - NASDAQ:LSBK - US5107041098 - Common Stock
Taking everything into account, LSBK scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LSBK is showing a nice and steady performance.
Although LSBK has an excellent technical rating, it does not present a decent entry opportunity 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.
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11.24
When analyzing the support we can see 4 important areas.
- A support zone ranging from 12.93 to 13.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.51 to 12.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.78 from a trend line in the weekly time frame.
- Support @11.35 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for LSBK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LSBK is up. |
| ChartMill Relative Strength | 84.69 | POSITIVE | LSBK has a high relative strength, it outperformed 84.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LSBK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LSBK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LSBK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.64 | OVERBOUGHT | The high RSI value suggests LSBK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests LSBK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.02 | OVERBOUGHT | The high Stochastics value suggests LSBK may be overbought. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for LSBK suggests low volalility. |
| Average Directional Index/ADX (14) | 37.26 | POSITIVE | The high ADX value value for LSBK suggests a strong trend. |
13.82
-0.04 (-0.29%)
LAKE SHORE BANCORP INC/MD / LSBK FAQ
What is the ChartMill technical rating of LAKE SHORE BANCORP INC/MD (LSBK) stock?
ChartMill assigns a technical rating of 10 / 10 to LSBK.
What is the current trend direction of LAKE SHORE BANCORP INC/MD (LSBK) stock?
The current trend direction for LAKE SHORE BANCORP INC/MD (LSBK) is Bullish.
What is the RSI signal for LAKE SHORE BANCORP INC/MD (LSBK) stock?
LAKE SHORE BANCORP INC/MD (LSBK) has an RSI value of 74.6413. This indicates that the stock is currently overbought.
What is the MACD signal for LAKE SHORE BANCORP INC/MD (LSBK) stock?
The MACD indicator for LAKE SHORE BANCORP INC/MD (LSBK) has a value of 0.120278, indicating a bearish trend.
What is the buy/sell signal for LSBK stock?
The buy/sell signal for LAKE SHORE BANCORP INC/MD (LSBK) is buy as both the short term and long term trends are positive.