LAMB WESTON HOLDINGS INC (LW) Stock Technical Analysis
NYSE:LW - New York Stock Exchange, Inc. - US5132721045 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to LW. In the past year, LW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, LW is a bad performer in the overall market: 83% of all stocks are doing better.
LW 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.
LW is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
LW has an average volume of 2123980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
LW is part of the Food Products industry. There are 89 other stocks in this industry, LW did better than 40% of them.
Although the technical rating is only medium, LW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 56.66. Right above this resistance zone may be a good entry point.
More info and screens
49.41
71.56
We found 1 important support area.
- A support zone ranging from 49.91 to 51.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 56.66 to 56.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 59.01 to 59.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @70.85 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 LW is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LW is up. |
| ChartMill Relative Strength | 17.51 | NEGATIVE | LW has a low relative strength, it was outperformed by 82.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.17 | NEUTRAL | The RSI value for LW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests LW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.9 | OVERBOUGHT | The high Stochastics value suggests LW may be overbought. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for LW suggests some volalility. |
| Average Directional Index/ADX (14) | 20.33 | NEUTRAL | The ADX value for LW suggests a possible start of a new 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)
55.63
-0.04 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.07%
1 Week-0.07%
2 Weeks4.59%
1 Month8.57%
3 Month9.19%
6 Month-29.82%
12 Month-35.88%
2 Year-51.6%
3 Year-22.15%
5 Year-12.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.55
ATR(20)%2.66%
ATR Inc-20.19%
Range Today1.3
ADR(20)1.43
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.51
Mansfield-1.76
10 Day High56.62
10 Day Low52.96
20 Day High56.62
20 Day Low49.96
52 Week High87.94
52 Week Low47.9
CS1 End51.51
CR1 Start56.66
Volume & EV
DER(3)-0.42%
DER(5)0.34%
Volume1.19M
Volume Incr-42.52%
Vol(5)1.05M
Vol(50)2.12M