LIMESTONE BANCORP INC (LMST)

US53262L1052 - Common Stock

23.42  -0.33 (-1.39%)

Technical Rating and Analysis

4

Taking everything into account, LMST scores 4 out of 10 in our technical rating. LMST has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

LMST is one of the lesser performing stocks in the Banks industry. 64% of 404 stocks in the same industry do better.
LMST is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: LMST has an average volume of 10672 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, LMST did better than 71% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
LMST is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LMST is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
LMST Weekly chart
LMST Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, LMST does present a nice setup opportunity. 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 23.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.46, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

18.47

23.99

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 22.20 to 22.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @20.35 from a trend line in the weekly time frame.
  • Support @18.66 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 23.43 to 23.75. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS71.85
Mansfield-0.01
10 Day High23.83
10 Day Low22.23
20 Day High23.83
20 Day Low21.86
52 Week High27.71
52 Week Low18.32
Performance
1 Week2.85%
2 Weeks5.35%
1 Month4%
3 Month-7.94%
6 Month-8.23%
12 Month9.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.19
RSI(14)51.78
LBB22.28
UBB23.81
LMST Daily chart

LIMESTONE BANCORP INC

NASDAQ:LMST (4/28/2023, 8:00:00 PM)

23.42

-0.33 (-1.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.39%
1 Week2.85%
2 Weeks5.35%
1 Month4%
3 Month-7.94%
6 Month-8.23%
12 Month9.18%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.63
ATR(20)%2.63%
ATR Inc
Range Today0.41
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High23.83
10 Day Low22.23
20 Day High23.83
20 Day Low21.86
52 Week High27.71
52 Week Low18.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.90K
Volume Incr-22.98%
Vol(5)5.38K
Vol(50)10.67K