LIMESTONE BANCORP INC (LMST) Stock Technical Analysis
NASDAQ:LMST - Nasdaq - US53262L1052 - Common Stock - Currency: USD
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 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 long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that LMST is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
LMST is part of the Banks industry. There are 405 other stocks in this industry, LMST did better than 54% of them.
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.
LMST 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 23.43. 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.
More info and screens
18.47
23.99
3 important support areas can be observed.
- 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.
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
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 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%2.63%
ATR Inc-18.54%
Range Today0.41
ADR(20)N/A
ADR(20)%N/A
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
CS1 End22.46
CR1 Start23.43
Volume & EV
DER(3)-9.53%
DER(5)-3.84%
Volume1.90K
Volume Incr-22.98%
Vol(5)5.38K
Vol(50)10.67K