LIFEWAY FOODS INC (LWAY) Stock Technical Analysis
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.
When comparing the yearly performance of all stocks, we notice that LWAY is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by LWAY over the past year are nicely spread over this period.
LWAY is part of the Food Products industry. There are 90 other stocks in this industry. LWAY outperforms 89% of them.
LWAY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so LWAY is performing more or less in line with the market.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
In the last month LWAY has a been trading in the 21.06 - 25.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
14.92
27.17
When analyzing the support we can see 3 important areas.
- Support @20.68 from a trend line in the daily time frame.
- A support zone ranging from 20.05 to 20.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.07 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 23.44 to 24.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.90 from a horizontal 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 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. |
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)
22.595
+0.45 (+2.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg2.01%
1 Week1.32%
2 Weeks-0.2%
1 Month-4.7%
3 Month6.83%
6 Month-7.59%
12 Month47.1%
2 Year276.58%
3 Year309.33%
5 Year853.38%
10 Year26.51%
15 Year115.81%
Volatility
ATR(14)0.88
ATR(20)%3.57%
ATR Inc-25.69%
Range Today0.63
ADR(20)0.78
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.17
Mansfield0.45
10 Day High22.98
10 Day Low21.82
20 Day High25.54
20 Day Low21.06
52 Week High27.29
52 Week Low10.06
CS1 End20.68
CR1 Start23.44
Volume & EV
DER(3)-1.38%
DER(5)-0.94%
Volume24.20K
Volume Incr-49.68%
Vol(5)25.42K
Vol(50)50.76K