Taking everything into account, LSTR scores 8 out of 10 in our technical rating. Although LSTR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although LSTR has an excellent technical rating, it does not offer a high quality setup 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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119.47
4 important support areas can be observed.
- A support zone ranging from 147.09 to 148.63. 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 143.40 to 144.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 136.47 to 137.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @120.68 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 | UP | POSITIVE | The long term trend for LSTR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LSTR is up. |
| ChartMill Relative Strength | 60.56 | NEUTRAL | LSTR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LSTR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LSTR is above 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) | 73.34 | OVERBOUGHT | The high RSI value suggests LSTR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests LSTR has a positive trend. |
| Stochastics (14,3) | 82.92 | OVERBOUGHT | The high Stochastics value suggests LSTR may be overbought. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for LSTR suggests some volalility. |
| Average Directional Index/ADX (14) | 31.72 | POSITIVE | The high ADX value value for LSTR suggests a strong trend. |
155.7
+3.25 (+2.13%)
LANDSTAR SYSTEM INC / LSTR FAQ
What is the technical rating for LSTR stock?
ChartMill assigns a technical rating of 8 / 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 73.3352. This indicates that the stock is currently overbought.
What is the MACD signal for LANDSTAR SYSTEM INC (LSTR) stock?
The MACD indicator for LANDSTAR SYSTEM INC (LSTR) has a value of 0.332713, indicating a bearish trend.
What is the support and resistance level for LSTR stock?
LANDSTAR SYSTEM INC (LSTR) has a support level at 148.63. Check the full technical report for our detailed analysis of LSTR support and resistance levels.