LANDSTAR SYSTEM INC (LSTR) Stock Technical Analysis
NASDAQ:LSTR • US5150981018
Overall LSTR gets a technical rating of 3 out of 10. LSTR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, LSTR is a bad performer in the overall market: 71% of all stocks are doing better.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- A new 52 week high is currently being made by LSTR, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month LSTR has a been trading in the 129.77 - 165.25 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- LSTR is an average performer in the Ground Transportation industry, it outperforms 46% of 42 stocks in the same industry.
The technical rating of LSTR is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
119.46
2 important support areas can be observed.
- A support zone ranging from 136.91 to 137.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 120.67 to 122.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @143.40 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 | NEUTRAL | NEUTRAL | The long term trend for LSTR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LSTR is neutral. |
| ChartMill Relative Strength | 29.81 | NEGATIVE | LSTR has a low relative strength, it was outperformed by 70.19% off all stocks 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) | 31.83 | NEUTRAL | The RSI value for LSTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.29 | NEGATIVE | The MACD value suggests LSTR has a negative trend. |
| Stochastics (14,3) | 66.64 | NEUTRAL | The Stochastics value for LSTR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.52 | MEDIUM VOLATILITY | The ATR as a percentage value for LSTR suggests some volalility. |
| Average Directional Index/ADX (14) | 30.98 | POSITIVE | The high ADX value value for LSTR suggests a strong trend. |
137.36
-25.39 (-15.6%)
LANDSTAR SYSTEM INC / LSTR FAQ
What is the technical rating for LSTR stock?
ChartMill assigns a technical rating of 3 / 10 to LSTR.
What is the trend direction for LSTR stock?
The current trend direction for LANDSTAR SYSTEM INC (LSTR) is Bearish.
What is the RSI signal for LSTR stock?
LANDSTAR SYSTEM INC (LSTR) has an RSI value of 31.8269. 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 -1.28559, indicating a bearish trend.
What is the support and resistance level for LSTR stock?
LANDSTAR SYSTEM INC (LSTR) has a support level at 137.28 and a resistance level at 143.4. Check the full technical report for our detailed analysis of LSTR support and resistance levels.