NASDAQ:LWAY - Nasdaq - US5319141090 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to LWAY. Although LWAY is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
LWAY has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 23.44. Right above this resistance zone may be a good entry point.
14.92
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 2 important areas.
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 LWAY is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LWAY is down. |
ChartMill Relative Strength | 91.17 | POSITIVE | LWAY has a high relative strength, it outperformed 91.17% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LWAY is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LWAY is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of LWAY is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 47.48 | NEUTRAL | The RSI value for LWAY is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests LWAY has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 25.93 | NEUTRAL | The Stochastics value for LWAY is a neutral value. |
Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for LWAY suggests some volalility. |
Average Directional Index/ADX (14) | 11.92 | NEGATIVE | The low ADX value for LWAY suggests a weak or negative trend. |
22.595
+0.45 (+2.01%)