LINCOLN ELECTRIC HOLDINGS (LECO)

US5339001068 - Common Stock

189.75  -0.14 (-0.07%)

After market: 189.75 0 (0%)

Technical Rating and Analysis

0

Overall LECO gets a technical rating of 0 out of 10. LECO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

69% of all other stocks performed better in the past year than LECO.
LECO is one of the lesser performing stocks in the Machinery industry. 61% of 132 stocks in the same industry do better.
LECO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LECO is lagging the market.
In the last month LECO has a been trading in the 188.76 - 222.52 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Weekly and Daily overview Charts
LECO Weekly chart
LECO Daily chart
Setup Rating and Analysis

2

The technical rating of LECO is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

170.08

220.58

2 important support areas can be observed.

  • Support @179.29 from a trend line in the weekly time frame.
  • A support zone ranging from 171.80 to 175.05. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 201.04 to 204.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 215.18 to 218.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.28
Mansfield-1.91
10 Day High214
10 Day Low188.76
20 Day High222.52
20 Day Low188.76
52 Week High261.13
52 Week Low169.51
Performance
1 Week-6.89%
2 Weeks-9.61%
1 Month-9%
3 Month2.32%
6 Month0.98%
12 Month-13.1%
2 Year31.32%
3 Year36.05%
5 Year96.16%
10 Year174.64%
15 Year254.94%
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)
Technical Indicators
MACD(12,26,9)-2.97
RSI(14)29.12
LBB187.52
UBB221.36
LECO Daily chart

LINCOLN ELECTRIC HOLDINGS

NASDAQ:LECO (12/20/2024, 8:22:00 PM)

After market: 189.75 0 (0%)

189.75

-0.14 (-0.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.07%
1 Week-6.89%
2 Weeks-9.61%
1 Month-9%
3 Month2.32%
6 Month0.98%
12 Month-13.1%
2 Year31.32%
3 Year36.05%
5 Year96.16%
10 Year174.64%
15 Year254.94%
Volatility
ATR(14)5.84
ATR(20)%2.97%
ATR Inc-3.37%
Range Today5.08
ADR(20)5.44
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.28
Mansfield-1.91
10 Day High214
10 Day Low188.76
20 Day High222.52
20 Day Low188.76
52 Week High261.13
52 Week Low169.51
CS1 End179.29
CR1 Start201.04
Volume & EV
DER(3)-0.47%
DER(5)-0.62%
Volume1.24M
Volume Incr93.96%
Vol(5)500.92K
Vol(50)300.90K