LOCAL BOUNTI CORP (LOCL) Stock Technical Analysis
NYSE:LOCL - New York Stock Exchange, Inc. - US53960E2054 - Common Stock - Currency: USD
Overall LOCL gets a technical rating of 5 out of 10. In the past year, LOCL was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
In the last month LOCL has a been trading in the 2.08 - 2.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: LOCL has an average volume of 19990 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
LOCL is part of the Food Products industry. There are 91 other stocks in this industry. LOCL outperforms 82% of them.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, LOCL did better than 77% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
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.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, LOCL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.10, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LOCL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.24
2.40
2 important support areas can be observed.
- A support zone ranging from 2.07 to 2.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.25 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.22 to 2.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.27 to 2.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.36 to 2.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.61
Mansfield-1.81
10 Day High2.3
10 Day Low2.11
20 Day High2.5
20 Day Low2.08
52 Week High3.33
52 Week Low1.18
Performance
1 Week-2.2%
2 Weeks1.37%
1 Month3.74%
3 Month32.93%
6 Month-18.95%
12 Month-11.2%
2 Year-75.11%
3 Year-97.14%
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)-0.01
RSI(14)52.56
LBB2.11
UBB2.31
NYSE:LOCL (2/21/2025, 8:04:00 PM)
2.22
-0.03 (-1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.33%
1 Week-2.2%
2 Weeks1.37%
1 Month3.74%
3 Month32.93%
6 Month-18.95%
12 Month-11.2%
2 Year-75.11%
3 Year-97.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%5.65%
ATR Inc32.68%
Range Today0.17
ADR(20)0.12
ADR(20)%5.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.61
Mansfield-1.81
10 Day High2.3
10 Day Low2.11
20 Day High2.5
20 Day Low2.08
52 Week High3.33
52 Week Low1.18
CS1 End2.1
CR1 Start2.22
Volume & EV
DER(3)15.77%
DER(5)7.31%
Volume9.60K
Volume Incr-34.73%
Vol(5)6.86K
Vol(50)19.99K