Stock Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
LINCOLN ELECTRIC HOLDINGS (NASDAQ:LECO)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for LECO
The long term trend has been DOWN since Oct 10th, 2018 at 86.270
The intermediate term trend has been UP since Nov 7th, 2018 at 87.390
The short term trend has been UP since Nov 13th, 2018 at 87.785
Smart Scan Analysis for LECO
Based on a pre-defined weighted trend formula for chart analysis, LECO scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||101.34||Year High Date||2018-01-24|
|Year Low||75.07||Year Low Date||2018-10-26|
|52wk High||101.34||52wk High Date||2018-01-24|
|52wk Low||75.07||52wk Low Date||2018-10-26|
|Year End Close||48.68||Average Volume||542,824|
|Shares Outstanding||83,069||Short Interest||1,916,235|