LAMB WESTON HOLDINGS INC (LW) Stock Technical Analysis
USA - NYSE:LW - US5132721045 - Common Stock
Overall LW gets a technical rating of 5 out of 10. LW was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
LW has an average technical rating and it also 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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48.16
When analyzing the support we can see 6 important areas.
- A support zone ranging from 59.57 to 60.36. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @56.09 from a trend line in the daily time frame.
- Support @54.09 from a trend line in the daily time frame.
- A support zone ranging from 52.82 to 53.01. This zone is formed by a combination of multiple trend lines 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.
2 important resistance areas can be observed.
- Resistance @64.91 from a trend line in the weekly time frame.
- A resistance zone ranging from 66.38 to 66.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 LW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LW is neutral. |
| ChartMill Relative Strength | 38.22 | NEUTRAL | LW is not amongst the best or worst performers 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) | 41.32 | NEUTRAL | The RSI value for LW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.65 | NEGATIVE | The MACD value suggests LW has a negative trend. |
| Stochastics (14,3) | 18.24 | OVERSOLD | The low Stochastics value suggests LW may be oversold. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for LW suggests some volalility. |
| Average Directional Index/ADX (14) | 22.89 | NEUTRAL | The ADX value for LW suggests a possible start of a new trend. |
60.36
-2.06 (-3.3%)
LAMB WESTON HOLDINGS INC / LW FAQ
Can you provide the ChartMill technical rating for LAMB WESTON HOLDINGS INC?
ChartMill assigns a technical rating of 5 / 10 to LW.
What is the trend direction for LW stock?
The current trend direction for LAMB WESTON HOLDINGS INC (LW) is Bullish.
Can you provide the RSI signal for LAMB WESTON HOLDINGS INC?
LAMB WESTON HOLDINGS INC (LW) has an RSI value of 41.324. 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 neutral.
Can you provide the support and resistance levels for LAMB WESTON HOLDINGS INC?
LAMB WESTON HOLDINGS INC (LW) has a support level at 61.72 and a resistance level at 66.38. Check the full technical report for our detailed analysis of LW support and resistance levels.