LAMB WESTON HOLDINGS INC (LW) Stock Technical Analysis
NYSE:LW - US5132721045 - Common Stock
58 USD
+2.23 (+4%)
57.8 USD
-0.2 (-0.34%)
We assign a technical rating of 6 out of 10 to LW. In the last year, LW was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
75% of all other stocks performed better in the past year than LW.
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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month LW has a been trading in the 51.16 - 58.16 range, which is quite wide. It is currently trading near the high of this range.
LW has an average volume of 2152520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LW is part of the Food Products industry. There are 89 other stocks in this industry, LW did better than 62% of them.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
48.16
67.52
3 important support areas can be observed.
- A support zone ranging from 56.67 to 57.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 51.44 to 51.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.65 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 59.57 to 59.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 60.87 to 60.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @62.70 from a horizontal line in the daily time frame.
- Resistance @66.85 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 | NEUTRAL | NEUTRAL | The long term trend for LW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LW is up. |
| ChartMill Relative Strength | 25.44 | NEGATIVE | LW has a low relative strength, it was outperformed by 74.56% 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 | MIXED | The current price of LW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.33 | NEUTRAL | The RSI value for LW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests LW has a positive trend. |
| Stochastics (14,3) | 72.26 | NEUTRAL | The Stochastics value for LW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for LW suggests some volalility. |
| Average Directional Index/ADX (14) | 23.91 | 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)
58
+2.23 (+4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg4%
1 Week3.11%
2 Weeks6.11%
1 Month11.28%
3 Month4.17%
6 Month9.41%
12 Month-7.97%
2 Year-37.27%
3 Year-25.05%
5 Year-12.48%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.33
ATR(20)%2.41%
ATR Inc59.49%
Range Today2.42
ADR(20)1.36
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.44
Mansfield-1.28
10 Day High58.16
10 Day Low54.94
20 Day High58.16
20 Day Low51.17
52 Week High83.98
52 Week Low47.87
CS1 End57.56
CR1 Start59.57
Volume & EV
DER(3)0.8%
DER(5)0.67%
Volume1.66M
Volume Incr-8.17%
Vol(5)1.30M
Vol(50)2.15M