LANDSTAR SYSTEM INC (LSTR) Stock Technical Analysis
NASDAQ:LSTR • US5150981018
Taking everything into account, LSTR scores 5 out of 10 in our technical rating. In the last year, LSTR was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the performance of all stocks over the past year, LSTR turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- LSTR is part of the Ground Transportation industry. There are 42 other stocks in this industry, LSTR did better than 53% of them.
- LSTR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LSTR is lagging the market.
- In the last month LSTR has a been trading in the 129.77 - 165.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, LSTR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 143.40, a Stop Loss order could be placed below this zone.
More info and screens
119.47
When analyzing the support we can see 3 important areas.
- A support zone ranging from 142.35 to 143.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 136.91 to 139.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @120.68 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 150.67 to 153.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 160.74 to 162.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 LSTR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LSTR is neutral. |
| ChartMill Relative Strength | 46.16 | NEUTRAL | LSTR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LSTR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LSTR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LSTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.14 | NEUTRAL | The RSI value for LSTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.28 | NEGATIVE | The MACD value suggests LSTR has a negative trend. |
| Stochastics (14,3) | 56.28 | NEUTRAL | The Stochastics value for LSTR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for LSTR suggests some volalility. |
| Average Directional Index/ADX (14) | 28.04 | POSITIVE | The high ADX value value for LSTR suggests a strong trend. |
146.01
-7.13 (-4.66%)
LANDSTAR SYSTEM INC / LSTR FAQ
What is the technical rating for LSTR stock?
ChartMill assigns a technical rating of 5 / 10 to LSTR.
What is the trend direction for LSTR stock?
The current trend direction for LANDSTAR SYSTEM INC (LSTR) is Bullish.
What is the RSI signal for LSTR stock?
LANDSTAR SYSTEM INC (LSTR) has an RSI value of 44.1351. This indicates that the stock is currently neutral.
What is the MACD signal for LANDSTAR SYSTEM INC (LSTR) stock?
The MACD indicator for LANDSTAR SYSTEM INC (LSTR) has a value of -1.28201, indicating a bearish trend.
What is the support and resistance level for LSTR stock?
LANDSTAR SYSTEM INC (LSTR) has a support level at 143.4 and a resistance level at 150.67. Check the full technical report for our detailed analysis of LSTR support and resistance levels.