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(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 2024-04-11 View latest technical analysis

10 day averaged volume of Lincoln Electric is 230370

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Apr 2024	242.56	242.06	243.91	240.96	0.682 times
10 Wed Apr 2024	241.58	241.19	243.70	238.85	0.675 times
09 Tue Apr 2024	244.75	246.47	248.85	242.63	0.894 times
08 Mon Apr 2024	246.54	248.89	250.17	245.70	0.892 times
05 Fri Apr 2024	247.97	247.89	250.92	247.04	1.115 times
04 Thu Apr 2024	246.93	252.69	253.41	246.65	0.615 times
03 Wed Apr 2024	250.05	247.95	252.83	247.95	1.037 times
02 Tue Apr 2024	249.21	252.95	252.95	247.50	1.24 times
01 Mon Apr 2024	252.64	255.60	255.60	251.75	0.788 times
28 Thu Mar 2024	255.44	258.28	258.55	255.22	1.076 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 245.7, but if it comes above 245.7, then a intra day buy could be more profitable.
If you take a sell trade below 245.7, then use 245.7 as stoploss and 239.7 as target. However if you take a buy trade in stock , then use 245.7 as stoploss and 250.62 as target.

Share price targets for Lincoln Electric (LECO)

Target Type	Value
Downside Target	198.13
Downside Target	207.28
Downside Target	221.14
Downside Target	228.18
Downside Target	238.85
Upside Target	245.46
Upside Target	254.38
Upside Target	255.60
Upside Target	258.99
Upside Target	259.04
Upside Target	261.13

Intraday share price targets for Lincoln Electric (LECO)

Target Type	Value
Downside Intraday Target	237.55
Downside Intraday Target	232.54
Upside Intraday Target	248.87
Upside Intraday Target	255.18
Upside Intraday Target	243.86

Weekly technical analysis of Lincoln Electric (LECO)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Apr 2024	242.56	248.89	250.17	238.85	0.656 times
05 Fri Apr 2024	247.97	255.60	255.60	246.65	0.938 times
28 Thu Mar 2024	255.44	257.78	258.99	252.67	0.961 times
22 Fri Mar 2024	258.04	248.00	261.13	248.00	0.498 times
15 Fri Mar 2024	248.41	254.38	254.38	245.46	2.586 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
11 Thu Apr 2024	242.56	255.60	255.60	238.85	0.302 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
31 Wed Jan 2024	222.22	215.89	228.18	207.28	0.923 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 to mid 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 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 Strong and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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 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 248.26 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.