Londinia Opportunities Analyses - 09/23/2022 (GMT) LINDSAY CORP. - 1H

LINDSAY CORP.
- USD (-)
- 15 min delayed data - NYSE Stocks
Type: Stocks
Ticker: LNN
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
6%
67%
28%
My opinion
Bearish under 148.12 USD
My targets
145.50 USD (-1.06%)
139.15 USD (-5.38%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on LINDSAY CORP. as long as the price remains well below 148.12 USD. The sellers' bearish objective is set at 145.50 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 139.15 USD. In case of crossing, the next objective would be the support located at 128.13 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The LINDSAY CORP. price is 147.06 USD. The price registered a decrease of -0.93% on the session and was traded between 147.06 USD and 147.06 USD over the period. The price is currently at 0% from its lowest and 0% from its highest.

147.06
147.06
147.06

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of LINDSAY CORP. in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

Bullish doji star

Type : Bullish

Timeframe : 1 hour


Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 118.11 128.13 139.15 147.06 148.12 151.22 154.43
Change (%) -19.69% -12.87% -5.38% - +0.72% +2.83% +5.01%
Change -28.95 -18.93 -7.91 - +1.06 +4.16 +7.37
Level Major Minor Intermediate - Intermediate Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard140.74144.01146.22149.49151.70154.97157.18
Camarilla146.93147.44147.94148.44148.94149.45149.95
Woodie140.22143.75145.70149.23151.18154.71156.66
Fibonacci144.01146.10147.39149.49151.58152.87154.97


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard131.62139.87145.50153.75159.38167.63173.26
Camarilla147.31148.59149.86151.13152.40153.68154.95
Woodie130.31139.22144.19153.10158.07166.98171.95
Fibonacci139.87145.17148.45153.75159.05162.33167.63


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard133.10143.09151.72161.71170.34180.33188.96
Camarilla155.24156.95158.65160.36162.07163.77165.48
Woodie132.43142.75151.05161.37169.67179.99188.29
Fibonacci143.09150.20154.59161.71168.82173.21180.33

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 33.96
MACD (12,26,9): -1.2000
Directional Movement: -11.73
AROON (14): -64.29
DEMA (21): 149.01
Parabolic SAR (0,02-0,02-0,2): 152.75
Elder Ray (13): -2.64
Super Trend (3,10): 151.51
Zig ZAG (10): 147.06
VORTEX (21): 0.7400
Stochastique (14,3,5): 10.11
TEMA (21): 148.42
Williams %R (14): -100.00
Chande Momentum Oscillator (20): -6.52
Repulse (5,40,3): -0.2900
ROCnROLL: 2
TRIX (15,9): -0.0600
Courbe Coppock: 4.62
MA7: 150.95
MA20: 156.34
MA50: 155.43
MA100: 141.34
MAexp7: 148.70
MAexp20: 150.37
MAexp50: 152.16
MAexp100: 154.55
Price / MA7: -2.58%
Price / MA20: -5.94%
Price / MA50: -5.39%
Price / MA100: +4.05%
Price / MAexp7: -1.10%
Price / MAexp20: -2.20%
Price / MAexp50: -3.35%
Price / MAexp100: -4.85%

Quotes : - 15 min delayed data - Actions NYSE