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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Lincoln Electric Holdings, Inc. - Common Shares (NASDAQ:LECO)
Bear Market Rally (-75) - LECO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on LECO as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid LECO?
MarketClub looks at technical strength and momentum to determine if the timing is right for LECO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for LECO
The long-term trend has been DOWN since May 1st, 2024 at 218.64
The intermediate-term trend has been DOWN since Apr 8th, 2024 at 246.65
The short-term trend has been UP since May 3rd, 2024 at 224.93
Smart Scan Analysis for LECO
Based on our trend formula, LECO is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 228.22 | 229.55 | 226.79 | 229.30 | +0.54 |
| Prev. Close | Volume | Bid | Ask | Time |
| 228.76 | 85660 | 2024-05-08 15:24:45 |
| Year High | 101.34 | Year High Date | 2018-01-24 |
| Year Low | 75.07 | Year Low Date | 2018-10-26 |
| 52wk High | 261.13 | 52wk High Date | 2024-03-21 |
| 52wk Low | 164 | 52wk Low Date | 2023-10-25 |
| Year End Close | 48.68 | Average Volume | 302,687 |
| Shares Outstanding | 56,908 | Short Interest | 1,916,235 |
| % Institutional | 64.1 | Market Cap | 5,443M |
| Assets | 337,971,700M | Liabilities | 207,188,900M |
| P/E Ratio | 24.2845 | Beta | 1.33 |
| Volatility | 30.82 |