Technical Analysis

Technical Analysis of LNC Stock

Current Price and Trend

As of the latest data (2025-03-07), LNC closed at $35.6. The stock is currently trading near the lower end of its recent range, with a high of $35.825 and a low of $34.47 during the day.

Key Technical Indicators

• RSI (14): 31.16

  • The Relative Strength Index (RSI) is in oversold territory, suggesting potential for a short-term bounce.

• MACD (12,26,9): 0.31

  • The MACD line is slightly above the signal line, indicating mild bullish momentum. However, the MACD histogram is declining, which could signal weakening momentum.

• Bollinger Bands:

  • The price is near the lower Bollinger Band, indicating increased volatility and potential for a rebound.

• Fibonacci Levels:

  • Resistance: $38.99
  • Support: $35.09
  • The stock is currently testing the first support level, which could act as a floor if held.

Price Projection

Based on the current technical setup, LNC could face resistance at $38.99 and support at $35.09. If the stock breaks below the support level, it may test the next Fibonacci support at $33.89.

Recommendation

Given the oversold RSI and proximity to the Fibonacci support level, there is potential for a short-term bounce. However, the broader market conditions and sector challenges (e.g., falling Treasury yields) could weigh on the stock in the near term.

Actionable Advice:

• Current Price: $35.6
• Buy: If the stock bounces off the $35.09 support level and shows signs of bullish momentum (e.g., RSI crossing above 30).
• Sell: If the stock breaks below $35.09 and confirms a downtrend.

Disclaimer

This analysis is for informational purposes only and should not be considered as financial advice. Always consult a financial advisor before making investment decisions.