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Archive - 11/22/2024 - Sign In to see current Signals. |
Lincoln National (LNC) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the Lincoln National (LNC). During the week, the LNC climbed 0.16 points, or 0.46%, and closed at 35.30 on Friday, November 22, 2024. Weekly volume was -54% 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 January 29, 2018 at 86.68 and reached 16.11 on March 23, 2020. LNC lost 70.57 points, or 81.41%, in 112 weeks. The chart has formed a Descending Triangle chart pattern. The trend support level is at 19.68 and resistance is at 70.20. A Descending Triangle is a variation of triangle formation that has a flat support line and falling resistance line. The lower highs indicate the decreasing demand and give the descending triangle definitive bearish bias. A Descending Triangle usually represents a distribution stage in bearish market. A Descending Triangle is considered to be a continuation pattern, especially in a down trend, but it may also mark a reversal in an uptrend. Use the following link to access a Descending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Descending Triangle pattern in a long-term trend. Medium-term trend: [See LNC medium-term trend chart] A medium-term uptrend had started on May 10, 2023 at 18.50 and reached 36.98 on November 6, 2024. LNC gained -18.48 points, or -99.89%, in 78 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 29.43 and resistance is at 38.78. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend. Weekly Technical Indicators: [See LNC weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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 above its signal line since October 18, 2024. 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 September 11, 2024 at 28.01 and reached 36.98 on November 6, 2024. LNC gained -8.97 points, or -32.02%, in 56 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 34.49 and resistance is at 38.09. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a short-term trend. Daily Technical Indicators: [See LNC daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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.
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