|
|
Advanced TA SearchArchive
- 4/5/2024 -
Sign In to see current Signals. |
Lincoln National (LNC) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Lincoln National (LNC). During the week, the LNC dropped -1.20 points, or -3.76%, and closed at 30.73 on Friday, April 5, 2024. It was the worst weekly loss since February 2, 2024. Weekly volume was -27% below average.
LNC is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See LNC long-term trend chart]
A long-term downtrend had started on November 3, 2021 at 77.57 and reached 18.50 on May 10, 2023. LNC lost 59.07 points, or 76.15%, in 79 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (22.87) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See LNC medium-term trend chart]
A medium-term uptrend had started on November 2, 2023 at 20.85 and reached 32.43 on March 28, 2024. LNC gained -11.58 points, or -55.54%, in 21 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (27.09) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See LNC weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Weekly MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with weekly MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
The weekly MACD line is above its signal line since November 10, 2023. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
 Short-term trend: [See LNC short-term trend chart]
A short-term uptrend had started on March 5, 2024 at 25.60 and reached 32.43 on March 28, 2024. LNC gained -6.83 points, or -26.68%, in 23 days. The chart has formed a Broadening Ascending Wedge chart pattern.
 Daily Technical Indicators: [See LNC daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help.
The daily MACD line is above its signal line since March 14, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
 Candlestick pattern: [See LNC candlestick chart pattern]
On Friday the chart has formed a Bearish Thrusting Candlestick pattern. This pattern occurs in a downtrend and it shows a rally failure in a down market. This is a weak continuation pattern. The reliability of the Bearish Thrusting pattern is low. Use the Technical Stock Screener to see the list of stocks that had a Bearish Thrusting Candlestick pattern during the last week.
| |
|
|