LAMB WESTON HOLDINGS INC (LW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LW - US5132721045 - Common Stock
We assign a technical rating of 0 out of 10 to LW. LW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
More info and screens
40.96
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 42.30 to 42.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @55.78 from a horizontal line in the daily time frame.
- Resistance @56.71 from a trend line in the daily time frame.
- A resistance zone ranging from 60.49 to 60.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @62.99 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 | DOWN | NEGATIVE | The short term trend for LW is down. |
| ChartMill Relative Strength | 9.09 | NEGATIVE | LW has a low relative strength, it was outperformed by 90.91% 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) | DOWN | NEGATIVE | The current price of LW is below a declining 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) | 24.22 | OVERSOLD | The low RSI value suggests LW may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests LW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.67 | OVERSOLD | The low Stochastics value suggests LW may be oversold. |
| Average True Range in percent/ATR (20) | 4.68 | MEDIUM VOLATILITY | The ATR as a percentage value for LW suggests some volalility. |
| Average Directional Index/ADX (14) | 47.81 | POSITIVE | The high ADX value value for LW suggests a strong trend. |
41.37
+0.07 (+0.17%)
LAMB WESTON HOLDINGS INC / LW FAQ
Can you provide the ChartMill technical rating for LAMB WESTON HOLDINGS INC?
ChartMill assigns a technical rating of 0 / 10 to LW.
What is the current trend direction of LAMB WESTON HOLDINGS INC (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 24.2183. This indicates that the stock is currently oversold.
What is the MACD signal for LW stock?
The MACD indicator for LAMB WESTON HOLDINGS INC (LW) has a value of -0.111983, indicating a bearish trend.
What is the short term momentum for LW stock?
The short term momentum for LAMB WESTON HOLDINGS INC (LW) is negative.