(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.
10 day averaged volume of Lincoln Electric is 305090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 238.07 | 231.15 | 238.45 | 231.15 | 2.415 times |
| 09 Thu May 2024 | 231.15 | 230.16 | 231.76 | 229.96 | 0.39 times |
| 08 Wed May 2024 | 229.46 | 228.22 | 229.55 | 226.79 | 0.592 times |
| 07 Tue May 2024 | 228.76 | 226.55 | 231.33 | 226.54 | 1.277 times |
| 06 Mon May 2024 | 227.25 | 225.00 | 227.25 | 224.49 | 0.65 times |
| 03 Fri May 2024 | 222.93 | 223.94 | 225.28 | 221.63 | 0.653 times |
| 02 Thu May 2024 | 222.56 | 221.49 | 222.61 | 218.26 | 0.779 times |
| 01 Wed May 2024 | 219.33 | 219.43 | 222.60 | 217.49 | 1.324 times |
| 30 Tue Apr 2024 | 219.53 | 224.31 | 224.93 | 218.64 | 1.398 times |
| 29 Mon Apr 2024 | 225.13 | 230.41 | 231.90 | 223.49 | 1.357 times |
Stock of Lincoln Electric (LECO) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 238.2 as stoploss in an intra day sell trade for a target of 231.34. However, stock will show a bullish move above 238.2.
Share price targets for Lincoln Electric (LECO)
| Target Type | Value |
| Downside Target | 207.28 |
| Downside Target | 217.49 |
| Upside Target | 238.45 |
| Upside Target | 242.65 |
| Upside Target | 243.04 |
| Upside Target | 245.46 |
| Upside Target | 250.17 |
| 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 | 228.89 |
| Downside Intraday Target | 219.71 |
| Upside Intraday Target | 242.85 |
| Upside Intraday Target | 247.63 |
| Downside Intraday Target | 233.67 |
Weekly technical analysis of Lincoln Electric (LECO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 19 Fri Apr 2024 | 238.36 | 241.05 | 243.04 | 235.66 | 1.288 times |
| 12 Fri Apr 2024 | 238.60 | 248.89 | 250.17 | 236.83 | 0.853 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 |
| 10 Fri May 2024 | 238.07 | 219.43 | 238.45 | 217.49 | 0.406 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 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 short 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Lincoln Electric in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 227.27 and Lincoln Electric (LECO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 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 short 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Lincoln Electric in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 227.27 and Lincoln Electric (LECO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.