(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 2024-02-16 View latest technical analysis
10 day averaged volume of Lincoln Electric is 330410
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Feb 2024 | 249.90 | 249.20 | 252.98 | 246.46 | 1.376 times |
| 15 Thu Feb 2024 | 249.80 | 239.36 | 251.09 | 238.50 | 2.247 times |
| 14 Wed Feb 2024 | 231.55 | 228.50 | 232.34 | 228.50 | 1.214 times |
| 13 Tue Feb 2024 | 227.25 | 227.04 | 230.32 | 225.26 | 1.103 times |
| 12 Mon Feb 2024 | 231.69 | 231.08 | 234.21 | 230.60 | 0.756 times |
| 09 Fri Feb 2024 | 231.62 | 230.50 | 232.64 | 229.54 | 0.932 times |
| 08 Thu Feb 2024 | 230.10 | 227.72 | 230.55 | 226.97 | 0.669 times |
| 07 Wed Feb 2024 | 226.84 | 225.17 | 228.38 | 224.58 | 0.943 times |
| 06 Tue Feb 2024 | 223.77 | 222.28 | 224.32 | 222.28 | 0.705 times |
| 05 Mon Feb 2024 | 222.62 | 224.31 | 224.31 | 221.58 | 0.719 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 245.6, for a target of 236.2 or 228.26
Share price targets for Lincoln Electric (LECO)
| Target Type | Value |
| Downside Target | 164.00 |
| Downside Target | 172.89 |
| Downside Target | 190.32 |
| Downside Target | 198.13 |
| Downside Target | 207.28 |
| Downside Target | 219.06 |
| Downside Target | 225.26 |
| Downside Target | 225.80 |
| Downside Target | 228.18 |
| Downside Target | 232.64 |
| Upside Target | 252.98 |
Intraday share price targets for Lincoln Electric (LECO)
| Target Type | Value |
| Downside Intraday Target | 232.45 |
| Downside Intraday Target | 214.99 |
| Upside Intraday Target | 260.17 |
| Upside Intraday Target | 270.43 |
| Downside Intraday Target | 242.71 |
Weekly technical analysis of Lincoln Electric (LECO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Feb 2024 | 249.90 | 231.08 | 252.98 | 225.26 | 1.688 times |
| 09 Fri Feb 2024 | 231.62 | 224.31 | 232.64 | 221.58 | 0.768 times |
| 02 Fri Feb 2024 | 226.50 | 224.35 | 228.18 | 221.93 | 1.418 times |
| 26 Fri Jan 2024 | 224.05 | 221.40 | 225.80 | 219.06 | 1.328 times |
| 19 Fri Jan 2024 | 220.72 | 211.20 | 220.82 | 208.51 | 4.467 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 |
| 16 Fri Feb 2024 | 249.90 | 224.00 | 252.98 | 221.58 | 0.705 times |
| 31 Wed Jan 2024 | 222.22 | 215.89 | 228.18 | 207.28 | 0.923 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 |
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 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 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 but buying is losing 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 235.71 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.
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 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 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 but buying is losing 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 235.71 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.