Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(LECO) Lincoln Electric complete technical analysis [charts+indicators] | Buy/Sell Lincoln Electric | (LECO) share price targets

Complete technical analysis of Lincoln Electric (LECO) by charts plus indicators, forecast predictions and share price targets for Lincoln Electric (LECO)

Lincoln Electric trades in USA in Technology sector.

Showing technical analysis as on 2024-01-19 View latest technical analysis

10 day averaged volume of Lincoln Electric is 214570

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	220.72	216.40	220.82	214.78	1.633 times
18 Thu Jan 2024	215.48	211.73	215.60	211.73	0.982 times
17 Wed Jan 2024	210.49	210.81	212.39	210.14	0.77 times
16 Tue Jan 2024	212.63	211.20	212.76	208.51	0.84 times
12 Fri Jan 2024	212.45	211.32	213.95	211.11	0.946 times
12 Fri Jan 2024	212.45	211.32	213.95	211.11	0.946 times
11 Thu Jan 2024	210.41	209.60	210.77	207.28	0.919 times
10 Wed Jan 2024	209.19	210.50	211.35	208.22	1.003 times
09 Tue Jan 2024	210.32	209.50	210.90	208.40	0.981 times
08 Mon Jan 2024	212.21	210.15	212.42	208.73	1.146 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 218.1, but if it comes below 218.1, then a intra day sell could be more profitable.
If you take a sell trade below 218.1, then use 218.1 as stoploss and 214.29 as target. However if you take a buy trade in stock , then use 218.1 as stoploss and 222.7 as target.

Share price targets for Lincoln Electric (LECO)

Target Type	Value
Downside Target	164.00
Downside Target	172.89
Downside Target	190.32
Downside Target	195.33
Downside Target	207.28
Downside Target	213.95
Downside Target	217.09
Downside Target	217.22
Downside Target	220.03
Upside Target	220.82
Upside Target	221.14

Intraday share price targets for Lincoln Electric (LECO)

Target Type	Value
Downside Intraday Target	212.55
Downside Intraday Target	204.37
Upside Intraday Target	224.86
Upside Intraday Target	228.99
Downside Intraday Target	216.68

Weekly technical analysis of Lincoln Electric (LECO)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	220.72	211.20	220.82	208.51	4.467 times
12 Fri Jan 2024	212.45	211.32	213.95	211.11	0.189 times
12 Fri Jan 2024	212.45	210.15	213.95	207.28	0.9 times
05 Fri Jan 2024	211.23	215.89	217.09	209.39	6.68 times
29 Fri Dec 2023	217.46	218.94	220.03	217.22	0.298 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Lincoln Electric (LECO)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	220.72	215.89	220.82	207.28	0.541 times
29 Fri Dec 2023	217.46	198.32	221.14	198.13	1.206 times
30 Thu Nov 2023	198.06	174.91	198.17	172.89	0.64 times
31 Tue Oct 2023	174.80	181.90	190.32	164.00	1.232 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Lincoln Electric (LECO)

Price action analysis of Lincoln Electric ( (LECO) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Lincoln Electric ( (LECO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Lincoln Electric ( (LECO) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Lincoln Electric ( (LECO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Lincoln Electric stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Lincoln Electric in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Lincoln Electric Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Lincoln Electric in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Lincoln Electric is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 213.2 and Lincoln Electric (LECO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Lincoln Electric (LECO) stock. Volume based technical analysis of Lincoln Electric (LECO) stock is negative.

Lincoln Electric Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.