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Downtrend Broken Resist.Archive - 5/2/2025 - Sign In to see current Signals. |
Linens 'n Things Inc. (LIN) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the Linens 'n Things Inc. (LIN). During the week, the LIN gained 6.55 points, or 1.46%, and closed at 454.95 on Friday, May 2, 2025. LIN was trading at average weekly trading volume.
Long-term trend: [See LIN long-term trend chart] A long-term downtrend had started on October 17, 2024 at 487.49 and reached 408.70 on April 8, 2025. LIN lost 78.79 points, or 16.16%, in 24 weeks. The price is now at the 58.70% retracement level.
Medium-term trend: [See LIN medium-term trend chart] A medium-term downtrend had started on March 3, 2025 at 472.20 and reached 408.70 on April 8, 2025. LIN lost 63.50 points, or 13.45%, in 5 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 372.06 and resistance is at 471.83. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See LIN weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since April 4, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See LIN short-term trend chart] A short-term uptrend had started on April 8, 2025 at 408.70 and reached 457.81 on April 23, 2025. LIN gained -49.11 points, or -12.02%, in 15 days. The price is now at the 5.82% retracement level.
Daily Technical Indicators: [See LIN daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since April 16, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger. 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. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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.
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