(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 2024-05-22 View latest technical analysis
10 day averaged volume of Lincoln Electric is 274017
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 227.12 | 225.16 | 229.00 | 225.16 | 1.07 times |
| 21 Tue May 2024 | 225.03 | 227.07 | 227.07 | 224.31 | 0.88 times |
| 20 Mon May 2024 | 227.76 | 226.92 | 228.75 | 226.04 | 0.597 times |
| 17 Fri May 2024 | 226.97 | 228.37 | 228.51 | 225.05 | 1.021 times |
| 16 Thu May 2024 | 228.26 | 228.22 | 229.11 | 225.51 | 0.947 times |
| 15 Wed May 2024 | 228.99 | 232.75 | 232.75 | 228.57 | 0.871 times |
| 14 Tue May 2024 | 230.66 | 232.48 | 233.17 | 228.63 | 0.896 times |
| 13 Mon May 2024 | 231.66 | 238.20 | 238.47 | 231.42 | 1.007 times |
| 10 Fri May 2024 | 238.07 | 231.15 | 238.45 | 231.15 | 2.689 times |
| 09 Thu May 2024 | 231.15 | 230.16 | 231.76 | 229.96 | 0.434 times |
My analysis of stock is bearish for shortterm, and stock might move down till 223.2 or till 218.2. Use a stoploss of 227.42 and if the stock hits stoploss, then it can shoot up till 231.63
Share price targets for Lincoln Electric (LECO)
| Target Type | Value |
| Downside Target | 207.28 |
| Downside Target | 217.49 |
| Upside Target | 231.90 |
| Upside Target | 238.45 |
| Upside Target | 238.47 |
| Upside Target | 242.65 |
| Upside Target | 245.46 |
| Upside Target | 255.60 |
| Upside Target | 259.04 |
| Upside Target | 261.13 |
Intraday share price targets for Lincoln Electric (LECO)
| Target Type | Value |
| Downside Intraday Target | 224.62 |
| Downside Intraday Target | 222.12 |
| Upside Intraday Target | 229.31 |
| Upside Intraday Target | 231.5 |
| Downside Intraday Target | 226.81 |
Weekly technical analysis of Lincoln Electric (LECO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 227.12 | 226.92 | 229.00 | 224.31 | 0.537 times |
| 17 Fri May 2024 | 226.97 | 238.20 | 238.47 | 225.05 | 0.8 times |
| 10 Fri May 2024 | 238.07 | 225.00 | 238.45 | 224.49 | 0.966 times |
| 03 Fri May 2024 | 222.93 | 230.41 | 231.90 | 217.49 | 0.851 times |
| 26 Fri Apr 2024 | 229.94 | 238.66 | 242.65 | 222.03 | 1.629 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Lincoln Electric (LECO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 227.12 | 219.43 | 238.47 | 217.49 | 0.734 times |
| 30 Tue Apr 2024 | 219.53 | 255.60 | 255.60 | 218.64 | 1.005 times |
| 28 Thu Mar 2024 | 255.44 | 256.58 | 261.13 | 245.46 | 0.981 times |
| 29 Thu Feb 2024 | 256.60 | 224.00 | 259.04 | 221.58 | 1.072 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Lincoln Electric stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Lincoln Electric in short term but the buy signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Lincoln Electric in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Lincoln Electric is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 230.96 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 negative.
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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Lincoln Electric stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Lincoln Electric in short term but the buy signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Lincoln Electric in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Lincoln Electric is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 230.96 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.