We assign a technical rating of 0 out of 10 to LWAY. LWAY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 81% of all other stocks performed better in the past year than LWAY.
- LWAY 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 LWAY has a been trading in the 21.79 - 25.66 range, which is quite wide. It is currently trading near the lows of this range.
- LWAY is part of the Food Products industry. There are 87 other stocks in this industry, LWAY did better than 48% of them.
LWAY has a poor technical rating and the quality of the setup is also not perfect 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
21.28
We found 2 important support areas.
- A support zone ranging from 22.04 to 22.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.49 to 21.49. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 23.05 to 23.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 23.78 to 24.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.79 to 24.79. 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 | DOWN | NEGATIVE | The long term trend for LWAY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LWAY is down. |
| ChartMill Relative Strength | 19.9 | NEGATIVE | LWAY has a low relative strength, it was outperformed by 80.1% 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) | DOWN | NEGATIVE | The current price of LWAY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.69 | NEUTRAL | The RSI value for LWAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests LWAY has a negative trend. |
| Stochastics (14,3) | 19.12 | OVERSOLD | The low Stochastics value suggests LWAY may be oversold. |
| Average True Range in percent/ATR (20) | 4.43 | MEDIUM VOLATILITY | The ATR as a percentage value for LWAY suggests some volalility. |
| Average Directional Index/ADX (14) | 12.82 | NEGATIVE | The low ADX value for LWAY suggests a weak or negative trend. |
22.08
-0.5 (-2.19%)
LIFEWAY FOODS INC / LWAY FAQ
What is the ChartMill technical rating of LIFEWAY FOODS INC (LWAY) stock?
ChartMill assigns a technical rating of 0 / 10 to LWAY.
What is the trend direction for LWAY stock?
The current trend direction for LIFEWAY FOODS INC (LWAY) is Bearish.
What is the RSI signal for LIFEWAY FOODS INC (LWAY) stock?
LIFEWAY FOODS INC (LWAY) has an RSI value of 37.6944. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for LIFEWAY FOODS INC?
The buy/sell signal for LIFEWAY FOODS INC (LWAY) is sell as both the short term and long term trends are negative.
What is the support and resistance level for LWAY stock?
LIFEWAY FOODS INC (LWAY) has a support level at 22.07 and a resistance level at 23.05. Check the full technical report for our detailed analysis of LWAY support and resistance levels.