LINDSAY CORP (LNN) Stock Technical Analysis
NYSE:LNN - New York Stock Exchange, Inc. - US5355551061 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to LNN. LNN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
LNN is one of the better performing stocks in the Machinery industry, it outperforms 85% of 128 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that LNN is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
LNN is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month LNN has a been trading in the 114.81 - 134.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, LNN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 127.55, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
109.92
140.45
When analyzing the support we can see 5 important areas.
- A support zone ranging from 125.23 to 127.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @118.86 from a trend line in the weekly time frame.
- A support zone ranging from 116.14 to 116.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 113.75 to 113.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @111.03 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 138.46 to 139.06. This zone is formed by a combination of multiple trend lines 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
CRS70.03
Mansfield0.68
10 Day High130.13
10 Day Low121.44
20 Day High134.9
20 Day Low114.81
52 Week High140.26
52 Week Low109.27
Performance
1 Week3.72%
2 Weeks4.19%
1 Month-1.76%
3 Month-7.06%
6 Month5.98%
12 Month10.69%
2 Year6.57%
3 Year-4.79%
5 Year42.97%
10 Year62.48%
15 Year238.34%
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)0.63
RSI(14)53.42
LBB117.83
UBB131.91
128.67
-0.97 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.75%
1 Week3.72%
2 Weeks4.19%
1 Month-1.76%
3 Month-7.06%
6 Month5.98%
12 Month10.69%
2 Year6.57%
3 Year-4.79%
5 Year42.97%
10 Year62.48%
15 Year238.34%
Volatility
ATR(14)4.73
ATR(20)%4.15%
ATR Inc-39.25%
Range Today1.66
ADR(20)5.02
ADR(20)%3.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.03
Mansfield0.68
10 Day High130.13
10 Day Low121.44
20 Day High134.9
20 Day Low114.81
52 Week High140.26
52 Week Low109.27
CS1 End127.55
CR1 Start138.46
Volume & EV
DER(3)-2.55%
DER(5)-1%
Volume67.00K
Volume Incr-26.92%
Vol(5)83.26K
Vol(50)88.86K