LECO Technical Signal Analysis
LECO have 3 buy signals and 5 sell signals now. The current trend is consolidation starting from 2025-03-10. The total price change during this trend is -3.60%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of LECO over last 5 trading day is $78,437,746.16
3 Bullish Signal
5 Bearish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
8.75
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-128.04
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
10.2
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-6.25
Bearish
Momentum (10 days)
MOM_10 < 0
-16.19
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-2.51
Bearish
Moving Average
10-day SMA crosses below 60-day SMA
--
Bearish
Moving Average
10-day SMA crosses below 200-day SMA
--
Bearish
3 Bullish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
8.75
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-128.04
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
10.2
Bullish
LECO Support and Resistance Level
The support levels for LECO are at 186.7, 180.9, and 171.49, while the resistance levels are at 205.51, 211.31, and 220.71. With the current stock price at 190.5, it is leaning more toward the support levels.
LECO Technical Analysis
Technical Analysis of LECO Stock
Current Price and Trend
As of the latest data, LECO stock is trading at $201.76, showing a bullish trend with a recent price increase of +2.91% during regular market hours. The stock closed at $201.67 on 2025-03-07, with a volume of 339,415 shares.
Key Technical Indicators
- RSI (6, 12, 14): 51.15, 50.31, 50.61 (neutral, no overbought/oversold signals).
- MACD: Positive at 0.18, with a signal line at -1.47 (bullish crossover).
- Stochastic Oscillator: %K at 22.52, %D at 19.47 (in the lower range but not oversold).
- Fibonacci Levels:
- Pivot Point: $201.31
- Resistance Levels: $208.17 (R1), $212.41 (R2)
- Support Levels: $194.45 (S1), $190.21 (S2)
Price Action and Volume
The stock is currently trading above its 20-day SMA ($203.67), indicating short-term strength. The volume has been consistent, supporting the upward movement.
Conclusion
Based on the technical analysis, LECO stock is in a bullish trend with a strong potential to break above the first resistance level of $208.17. The MACD crossover and Stochastic Oscillator suggest a buy signal, and the RSI is in a neutral zone, allowing room for further upside.
Recommendation: BUY LECO stock at the current price of $201.76, with a target of $208.17 (Fibonacci R1). Set a stop-loss below the pivot point at $194.45.
LECO FAQs
Which bull technical signals does LECO have?
Which bearish technical signals does LECO have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for LECO stock?
Is LECO a buy based on overall technical signals summary?
LECO Buy or Sell
LECO has 3 buy signals and 5 sell signals now. Overall the technical rating for LECO is Sell.
Sell
Sell
5
Buy
3
LECO Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 190.5 below the SMA_5. In the short term, the stock shows a negative trend with the 192.21 below the SMA_20. In the mid term, the stock shows a positive trend with the 202.44 above the SMA_60. In the long term, the stock shows a positive trend with the 196.03 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about LECO's current trend?What are LECO's key support and resistance levels?