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 4 out of 10. LOCL has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
LOCL is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month LOCL has a been trading in the 1.91 - 5.75 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, LOCL turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
LOCL is an average performer in the Food Products industry, it outperforms 68% of 89 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
LOCL has an average technical rating and it also does not offer a high 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.
More info and screens
1.24
4.86
We found 4 important support areas.
- Support @2.21 from a trend line in the daily time frame.
- A support zone ranging from 2.16 to 2.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.10 from a trend line in the daily time frame.
- Support @1.25 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @4.81 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.29
Mansfield-0.5
10 Day High3.9
10 Day Low2.06
20 Day High5.75
20 Day Low1.91
52 Week High5.75
52 Week Low1.18
Performance
1 Week2.61%
2 Weeks-30.79%
1 Month14.56%
3 Month7.27%
6 Month-4.68%
12 Month-9.58%
2 Year-66.07%
3 Year-97.41%
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)-0.15
RSI(14)44.75
LBB1.75
UBB4.13
2.36
+0.01 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.43%
1 Week2.61%
2 Weeks-30.79%
1 Month14.56%
3 Month7.27%
6 Month-4.68%
12 Month-9.58%
2 Year-66.07%
3 Year-97.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%27.54%
ATR Inc-65.41%
Range Today0.1
ADR(20)0.63
ADR(20)%26.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.29
Mansfield-0.5
10 Day High3.9
10 Day Low2.06
20 Day High5.75
20 Day Low1.91
52 Week High5.75
52 Week Low1.18
CS1 End2.21
CR1 Start4.81
Volume & EV
DER(3)11.4%
DER(5)4.84%
Volume5.80K
Volume Incr-71.06%
Vol(5)25.78K
Vol(50)42.32K