|
|
Downtrend Broken Resist.Archive
- 4/5/2024 -
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 first positive week for the Linens 'n Things Inc. (LIN). During the week, the LIN climbed 0.38 points, or 0.08%, and closed at 464.70 on Friday, April 5, 2024. Weekly volume was -6% below average.
LIN is a member of Materials Sector. Materials 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 LIN long-term trend chart]
A long-term uptrend had started on September 27, 2022 at 262.47 and reached 477.71 on March 13, 2024. LIN gained -215.24 points, or -82.01%, in 76 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (394.34) 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 long-term trend.
 Medium-term trend: [See LIN medium-term trend chart]
A medium-term downtrend had started on March 13, 2024 at 477.71 and reached 455.97 on April 4, 2024. LIN lost 21.74 points, or 4.55%, in 3 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (454.60) 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 medium-term trend.
 Weekly Technical Indicators: [See LIN weekly technical indicators chart]
Weekly Relative Strength Index and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and Lane's Stochastic. 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 links to access Lane's Stochastic and Relative Strength Index help.
The weekly MACD line is above its signal line since February 9, 2024. The distance between MACD and the signal line is relatively high, but getting smaller. 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 4, 2024 at 455.97 and reached 465.72 on April 5, 2024. LIN gained -9.75 points, or -2.14%, in 1 days. The price is now at the 10.46% retracement level.
 Daily Technical Indicators: [See LIN daily technical indicators chart]
Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. Use the following link to access Williams' Percentage Range help.
The daily MACD line is below its signal line since March 15, 2024.
A Parabolic SAR (stop and reversal) indicator (467.41) comes close to the price (464.70). It indicates that the trend is getting weaker. 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.
| |
|
|