LANDSTAR SYSTEM INC (LSTR) Stock Technical Analysis
NASDAQ:LSTR - Nasdaq - US5150981018 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to LSTR. LSTR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, LSTR is a bad performer in the overall market: 85% of all stocks are doing better.
LSTR is one of the lesser performing stocks in the Ground Transportation industry. 71% of 40 stocks in the same industry do better.
LSTR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month LSTR has a been trading in the 134.34 - 144.34 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, LSTR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 138.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 134.99, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LSTR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
130.22
187.47
We found 2 important support areas.
- A support zone ranging from 134.28 to 134.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 131.54 to 131.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 138.22 to 141.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 145.09 to 145.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @179.59 from a horizontal line in the daily time frame.
- Resistance @185.61 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 | DOWN | NEGATIVE | The long term trend for LSTR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LSTR is neutral. |
| ChartMill Relative Strength | 15.51 | NEGATIVE | LSTR has a low relative strength, it was outperformed by 84.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LSTR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LSTR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LSTR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.17 | NEUTRAL | The RSI value for LSTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests LSTR has a negative trend. |
| Stochastics (14,3) | 38.55 | NEUTRAL | The Stochastics value for LSTR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for LSTR suggests some volalility. |
| Average Directional Index/ADX (14) | 8.8 | NEGATIVE | The low ADX value for LSTR suggests a weak or negative trend. |
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)
137.39
-0.61 (-0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-0.44%
1 Week0.18%
2 Weeks-1.54%
1 Month0.35%
3 Month-6.77%
6 Month-21.19%
12 Month-25.53%
2 Year-28.64%
3 Year-5.52%
5 Year22.33%
10 Year105.46%
15 Year252.37%
Volatility
ATR(14)3.68
ATR(20)%2.44%
ATR Inc-40.93%
Range Today2.49
ADR(20)3.33
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.51
Mansfield-2.25
10 Day High140.92
10 Day Low134.34
20 Day High144.35
20 Day Low134.34
52 Week High196.86
52 Week Low128.99
CS1 End134.99
CR1 Start138.22
Volume & EV
DER(3)3.26%
DER(5)2.86%
Volume292.10K
Volume Incr1.59%
Vol(5)339.14K
Vol(50)366.81K