|
|
Downtrend ExhaustionArchive
- 1/24/2025 -
Sign In to see current Signals. |
Linens 'n Things Inc. (LIN) Technical Analysis
|
 |
| Summary:
| | Weekly :   | | Daily :
Move cursor over the icon to see details.
| | It was a third positive week after 5 consecutive negative weeks for the Linens 'n Things Inc. (LIN). During the week, the LIN climbed 3.20 points, or 0.73%, and closed at 439.30 on Friday, January 24, 2025. Weekly volume was 11% above average.
 Long-term trend: [See LIN long-term trend chart]
A long-term uptrend had started on September 27, 2022 at 262.47 and reached 487.49 on October 17, 2024. LIN gained -225.02 points, or -85.73%, in 107 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (482.21) is broken. A broken support is considered to be a long-term bearish 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 support in a long-term trend.
 Medium-term trend: [See LIN medium-term trend chart]
A medium-term downtrend had started on October 17, 2024 at 487.49 and reached 410.70 on January 7, 2025. LIN lost 76.79 points, or 15.75%, in 11 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (402.18) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. LIN may retest the broken resistance line. It is considered to be a support line now. 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 LIN weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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 Lane's Stochastic help.
The weekly MACD line is below its signal line since November 1, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See LIN short-term trend chart]
A short-term downtrend had started on January 22, 2025 at 448.70 and reached 439.00 on January 24, 2025. LIN lost 9.70 points, or 2.16%, in 2 days. Price is near the trend low.
 Daily Technical Indicators: [See LIN daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Williams' Percentage Range help.
The daily MACD line is above its signal line since January 7, 2025. The distance between MACD and the signal line is relatively high and getting bigger.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|