Overall LWAY gets a technical rating of 1 out of 10. 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.
LWAY has a bad 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 support zone below the current price at 23.97, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LWAY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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21.28
3 important support areas can be observed.
- Support @23.97 from a horizontal line in the daily time frame.
- A support zone ranging from 22.04 to 22.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.49 to 21.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.45 to 24.45. 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 | NEUTRAL | NEUTRAL | The short term trend for LWAY is neutral. |
| ChartMill Relative Strength | 25.13 | NEGATIVE | LWAY has a low relative strength, it was outperformed by 74.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LWAY is above the rising 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) | 53.36 | NEUTRAL | The RSI value for LWAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests LWAY has a positive trend. |
| Stochastics (14,3) | 48.33 | NEUTRAL | The Stochastics value for LWAY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.51 | HIGH VOLATILITY | The high ATR as a percentage value for LWAY suggests high volalility. |
| Average Directional Index/ADX (14) | 18.04 | NEGATIVE | The low ADX value for LWAY suggests a weak or negative trend. |
24.44
+0.32 (+1.33%)
LIFEWAY FOODS INC / LWAY FAQ
Can you provide the ChartMill technical rating for LIFEWAY FOODS INC?
ChartMill assigns a technical rating of 1 / 10 to LWAY.
What is the current trend direction of LIFEWAY FOODS INC (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 53.3558. This indicates that the stock is currently neutral.
What is the MACD signal for LWAY stock?
The MACD indicator for LIFEWAY FOODS INC (LWAY) has a value of 0.306135, indicating a bearish trend.
What is the support and resistance level for LWAY stock?
LIFEWAY FOODS INC (LWAY) has a support level at 23.97 and a resistance level at 24.45. Check the full technical report for our detailed analysis of LWAY support and resistance levels.