LIFEWAY FOODS INC (LWAY) Stock Technical Analysis
NASDAQ:LWAY - Nasdaq - US5319141090 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to LWAY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LWAY is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
LWAY is one of the better performing stocks in the Food Products industry, it outperforms 93% of 91 stocks in the same industry.
LWAY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LWAY is lagging the market slightly.
In the last month LWAY has a been trading in the 23.77 - 26.92 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that LWAY is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Besides having an excellent technical rating, LWAY also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 24.29, a Stop Loss order could be placed below this zone.
More info and screens
21.70
27.58
4 important support areas can be observed.
- A support zone ranging from 23.93 to 24.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.01 from a trend line in the daily time frame.
- Support @22.40 from a horizontal line in the weekly time frame.
- Support @21.92 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @25.34 from a horizontal line in the daily time frame.
- A resistance zone ranging from 26.73 to 27.31. 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 | UP | POSITIVE | The long term trend for LWAY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LWAY is up. |
| ChartMill Relative Strength | 93.46 | POSITIVE | LWAY has a high relative strength, it outperformed 93.46% 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) | UP | POSITIVE | The current price of LWAY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LWAY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.42 | 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. |
| Stochastics (14,3) | 39.57 | NEUTRAL | The Stochastics value for LWAY is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for LWAY suggests some volalility. |
| Average Directional Index/ADX (14) | 28.37 | POSITIVE | The high ADX value value for LWAY suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.35 | 24.15 | 1.20 (4.73%) | 21.12% |
| An entry @25.35. This is a Buy Stop order right above the resistance zone. | An exit @24.15. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.20 points, which is 4.73%. | When investing 21.12% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of LWAY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
25.07
-0.03 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.12%
1 Week-1.84%
2 Weeks2.08%
1 Month0.64%
3 Month7.97%
6 Month11.67%
12 Month109.79%
2 Year284.51%
3 Year371.24%
5 Year767.47%
10 Year70.31%
15 Year139.22%
Volatility
ATR(14)0.81
ATR(20)%3.06%
ATR Inc-18.68%
Range Today0.43
ADR(20)0.76
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.46
Mansfield0.36
10 Day High26.92
10 Day Low24.16
20 Day High26.92
20 Day Low23.77
52 Week High27.29
52 Week Low10.06
CS1 End24.29
CR1 Start25.34
Volume & EV
DER(3)-0.35%
DER(5)-1.3%
Volume53.00K
Volume Incr-12.77%
Vol(5)42.06K
Vol(50)48.91K