LAMB WESTON HOLDINGS INC (LW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LW - US5132721045 - Common Stock
Overall LW gets a technical rating of 2 out of 10. In the last year, LW was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of LW is bad and it also does not present a 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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48.16
We found 6 important support areas.
- A support zone ranging from 57.00 to 57.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @55.58 from a horizontal line in the daily time frame.
- Support @54.45 from a trend line in the daily time frame.
- Support @53.01 from a horizontal line in the daily time frame.
- Support @51.45 from a horizontal line in the daily time frame.
- Support @48.65 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 59.56 to 60.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @64.42 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 | NEUTRAL | NEUTRAL | The long term trend for LW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LW is down. |
| ChartMill Relative Strength | 24.9 | NEGATIVE | LW has a low relative strength, it was outperformed by 75.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LW is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.34 | NEUTRAL | The RSI value for LW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.57 | NEGATIVE | The MACD value suggests LW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.02 | OVERSOLD | The low Stochastics value suggests LW may be oversold. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for LW suggests some volalility. |
| Average Directional Index/ADX (14) | 29.15 | POSITIVE | The high ADX value value for LW suggests a strong trend. |
57.68
+2.09 (+3.76%)
LAMB WESTON HOLDINGS INC / LW FAQ
Can you provide the ChartMill technical rating for LAMB WESTON HOLDINGS INC?
ChartMill assigns a technical rating of 2 / 10 to LW.
What is the trend direction for LW stock?
The current trend direction for LAMB WESTON HOLDINGS INC (LW) is Bearish.
Can you provide the RSI signal for LAMB WESTON HOLDINGS INC?
LAMB WESTON HOLDINGS INC (LW) has an RSI value of 40.3365. This indicates that the stock is currently neutral.
What is the short term momentum for LAMB WESTON HOLDINGS INC (LW) stock?
The short term momentum for LAMB WESTON HOLDINGS INC (LW) is negative.
Can you provide the support and resistance levels for LAMB WESTON HOLDINGS INC?
LAMB WESTON HOLDINGS INC (LW) has a support level at 57.55 and a resistance level at 59.56. Check the full technical report for our detailed analysis of LW support and resistance levels.