LAMB WESTON HOLDINGS INC (LW) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:LW • US5132721045
Taking everything into account, LW scores 2 out of 10 in our technical rating. 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: 85% of all stocks are doing better.
- LW is part of the Food Products industry. There are 87 other stocks in this industry, of which 70% are performing better 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.
- In the last month LW has a been trading in the 39.79 - 48.15 range, which is quite wide. It is currently trading near the high of this range.
- LW has an average volume of 2940530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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
44.56
We found 1 important support area.
- A support zone ranging from 45.01 to 45.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 47.49 to 47.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @53.22 from a trend line in the daily time frame.
- Resistance @55.78 from a horizontal line in the daily time frame.
- Resistance @59.04 from a trend line in the weekly time frame.
- Resistance @61.75 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 | 15.87 | NEGATIVE | LW has a low relative strength, it was outperformed by 84.13% 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) | 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) | 58.12 | NEUTRAL | The RSI value for LW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.85 | POSITIVE | The MACD value suggests LW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.71 | OVERBOUGHT | The high Stochastics value suggests LW may be overbought. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for LW suggests some volalility. |
| Average Directional Index/ADX (14) | 25.56 | POSITIVE | The high ADX value value for LW suggests a strong trend. |
47.48
-0.3 (-0.63%)
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 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 58.1247. This indicates that the stock is currently neutral.
What is the MACD signal for LW stock?
The MACD indicator for LAMB WESTON HOLDINGS INC (LW) has a value of 0.854614, indicating a bearish trend.
What is the short term momentum for LW stock?
The short term momentum for LAMB WESTON HOLDINGS INC (LW) is positive.