LOCAL BOUNTI CORP (LOCL)

US53960E2054 - Common Stock

2.13  +0.01 (+0.47%)

After market: 2.13 0 (0%)

Technical Rating and Analysis

2

Taking everything into account, LOCL scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. LOCL was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, LOCL is a bad performer in the overall market: 65% of all stocks are doing better.
Warning: LOCL has an average volume of 18235 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
LOCL is part of the Food Products industry. There are 91 other stocks in this industry, LOCL did better than 60% of them.
LOCL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LOCL is lagging the market.
In the last month LOCL has a been trading in the 1.18 - 2.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
LOCL Weekly chart
LOCL Daily chart
Setup Rating and Analysis

3

The technical rating of LOCL 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

2.04

2.57

When analyzing the support we notice one important area.

  • A support zone ranging from 2.06 to 2.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

5 important resistance areas can be observed.

  • A resistance zone ranging from 2.14 to 2.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @2.24 from a horizontal line in the daily time frame.
  • Resistance @2.38 from a trend line in the weekly time frame.
  • Resistance @2.49 from a trend line in the weekly time frame.
  • Resistance @2.54 from a trend line in the daily time frame.
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
CRS35.3
Mansfield-2.36
10 Day High2.5
10 Day Low1.18
20 Day High2.5
20 Day Low1.18
52 Week High3.33
52 Week Low1.18
Performance
1 Week-4.48%
2 Weeks58.96%
1 Month27.54%
3 Month-10.88%
6 Month-23.66%
12 Month2.9%
2 Year-88.21%
3 Year-97.46%
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)0.1
RSI(14)57.65
LBB0.98
UBB2.44
LOCL Daily chart

LOCAL BOUNTI CORP

NYSE:LOCL (12/24/2024, 8:25:43 PM)

After market: 2.13 0 (0%)

2.13

+0.01 (+0.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.47%
1 Week-4.48%
2 Weeks58.96%
1 Month27.54%
3 Month-10.88%
6 Month-23.66%
12 Month2.9%
2 Year-88.21%
3 Year-97.46%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%11.57%
ATR Inc-23.44%
Range Today0.1
ADR(20)0.24
ADR(20)%11.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.3
Mansfield-2.36
10 Day High2.5
10 Day Low1.18
20 Day High2.5
20 Day Low1.18
52 Week High3.33
52 Week Low1.18
CS1 End2.12
CR1 Start2.14
Volume & EV
DER(3)0.5%
DER(5)0.28%
Volume12.50K
Volume Incr-23.35%
Vol(5)24.80K
Vol(50)18.24K