(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 2024-05-23 View latest technical analysis
10 day averaged volume of Lincoln Electric is 285277
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 205.57 | 220.00 | 222.03 | 202.00 | 3.668 times |
| 22 Wed May 2024 | 227.12 | 225.16 | 229.00 | 225.16 | 1.027 times |
| 21 Tue May 2024 | 225.03 | 227.07 | 227.07 | 224.31 | 0.845 times |
| 20 Mon May 2024 | 227.76 | 226.92 | 228.75 | 226.04 | 0.574 times |
| 17 Fri May 2024 | 226.97 | 228.37 | 228.51 | 225.05 | 0.981 times |
| 16 Thu May 2024 | 228.26 | 228.22 | 229.11 | 225.51 | 0.91 times |
| 15 Wed May 2024 | 228.99 | 232.75 | 232.75 | 228.57 | 0.836 times |
| 14 Tue May 2024 | 230.66 | 232.48 | 233.17 | 228.63 | 0.861 times |
| 13 Mon May 2024 | 231.66 | 238.20 | 238.47 | 231.42 | 0.967 times |
| 10 Fri May 2024 | 238.07 | 231.15 | 238.45 | 231.15 | 2.582 times |
Stock of Lincoln Electric (LECO) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 212.3, for a target of 220 or 226.31
Share price targets for Lincoln Electric (LECO)
| Target Type | Value |
| Downside Target | 202.00 |
| Upside Target | 207.28 |
| Upside Target | 217.49 |
| 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 | 195.38 |
| Downside Intraday Target | 185.19 |
| Upside Intraday Target | 222.38 |
| Upside Intraday Target | 239.19 |
| Upside Intraday Target | 212.19 |
Weekly technical analysis of Lincoln Electric (LECO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 205.57 | 226.92 | 229.00 | 202.00 | 1.342 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 down 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 |
| 23 Thu May 2024 | 205.57 | 219.43 | 238.47 | 202.00 | 0.906 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 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Lincoln Electric in short term and the sell signal is strong.
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 red color and prices are below the red 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 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 223.93 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Lincoln Electric in short term and the sell signal is strong.
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 red color and prices are below the red 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 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 223.93 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.