(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 2024-03-14 View latest technical analysis
10 day averaged volume of Lincoln Electric is 243620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 246.78 | 249.26 | 250.02 | 245.46 | 2.38 times |
| 13 Wed Mar 2024 | 248.77 | 253.17 | 253.17 | 247.91 | 2.589 times |
| 12 Tue Mar 2024 | 252.53 | 252.29 | 254.19 | 251.58 | 0.734 times |
| 11 Mon Mar 2024 | 252.78 | 254.38 | 254.38 | 250.89 | 0.712 times |
| 08 Fri Mar 2024 | 254.43 | 255.94 | 258.84 | 252.92 | 0.665 times |
| 07 Thu Mar 2024 | 255.15 | 256.13 | 256.93 | 253.13 | 0.808 times |
| 06 Wed Mar 2024 | 254.34 | 254.42 | 256.53 | 253.52 | 0.719 times |
| 05 Tue Mar 2024 | 252.88 | 254.72 | 254.72 | 251.42 | 0.971 times |
| 04 Mon Mar 2024 | 255.30 | 255.82 | 257.11 | 254.93 | 0.741 times |
| 01 Fri Mar 2024 | 254.19 | 256.58 | 257.86 | 252.58 | 0.958 times |
Stock of Lincoln Electric (LECO) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 248.8, but if it comes above 248.8, then a intra day buy could be more profitable.
If you take a sell trade below 248.8, then use 248.8 as stoploss and 244.9 as target. However if you take a buy trade in stock , then use 248.8 as stoploss and 251.94 as target.
Share price targets for Lincoln Electric (LECO)
| Target Type | Value |
| Downside Target | 172.89 |
| Downside Target | 198.13 |
| Downside Target | 207.28 |
| Downside Target | 221.14 |
| Downside Target | 243.71 |
| Upside Target | 251.42 |
| Upside Target | 252.98 |
| Upside Target | 254.38 |
| Upside Target | 258.84 |
| Upside Target | 259.04 |
Intraday share price targets for Lincoln Electric (LECO)
| Target Type | Value |
| Downside Intraday Target | 243.37 |
| Downside Intraday Target | 239.95 |
| Upside Intraday Target | 252.29 |
| Upside Intraday Target | 257.79 |
| Upside Intraday Target | 248.87 |
Weekly technical analysis of Lincoln Electric (LECO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 246.78 | 254.38 | 254.38 | 245.46 | 1.643 times |
| 08 Fri Mar 2024 | 254.43 | 255.82 | 258.84 | 251.42 | 0.806 times |
| 01 Fri Mar 2024 | 254.19 | 248.78 | 259.04 | 248.73 | 1.015 times |
| 23 Fri Feb 2024 | 250.03 | 248.77 | 250.50 | 243.71 | 0.526 times |
| 16 Fri Feb 2024 | 249.90 | 231.08 | 252.98 | 225.26 | 1.688 times |
Price has moved down 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 |
| 14 Thu Mar 2024 | 246.78 | 256.58 | 258.84 | 245.46 | 0.446 times |
| 29 Thu Feb 2024 | 256.60 | 224.00 | 259.04 | 221.58 | 1.072 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 |
Scroll below to view daily charts
Price has moved down 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Lincoln Electric ( (LECO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Lincoln Electric ( (LECO) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Lincoln Electric in short term but the sell signal is initial and weak.
Lincoln Electric Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Lincoln Electric in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 251.24 and Lincoln Electric (LECO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Lincoln Electric ( (LECO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Lincoln Electric ( (LECO) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Lincoln Electric in short term but the sell signal is initial and weak.
Lincoln Electric Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Lincoln Electric in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 251.24 and Lincoln Electric (LECO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.