LII - Lennox International Inc

Industry: Diversified Machinery Sector: Industrial Goods Exchange: NYSE

Thu 19'th Oct 2017

PERIOD 2017-07-20 - 2017-10-19
CHANGE -1.34%
PRICE $179.39
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Request Prediction
0.00%
Predict

Lennox International Inc Stock Analysis

Technical stock analysis for Thu 19'th Oct 2017

Hold candidate since 2017-10-18 Loss -1.34%

Lennox International Inc fell by -1.34% in the last day from $181.82 to $179.39 The price has fallen in 6 of the last 10 days and is down by -1.18% for this period. Volume has increased in the last day by 241 720 shares, but on falling prices. This is may be an early warning and the risk will be increased slightly for the next couple of days. In total, 448 258 shares bought and sold for approximately $80.41 million.

Trend

Lennox International Inc lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 5.57% during the next 3 months and, with 90% probability hold a price between $175.85 and $196.04 at the end of this period.

Signals

There are mixed signals in the stock today. A sales signal was issued from a pivot top point on Friday October 06, 2017, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. Lennox International Inc holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $180.72. On a fall, the stock will find some support from the long-term average at approximately $174.09. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal.

Relative Strength Index (RSI)

RSI14 is 51 and the stock is currently not being overbought or oversold

Support & Resistance

Lennox International Inc finds support from accumulated volume at $178.97. On the upside the stock meets some resistance just above today's level from accumulated volume at $180.29, $181.08 and $182.41.

The stock is about to test the resistance from accumulated volume at $180.29 and this may cause the stock to take a minor break or get into a more sideways move for a few days.

Support: $178.97 Price: $179.39 Resistance: $180.29

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $3.22 (1.81%) between high and low. For the last week, the stock has had a daily average volatility of 1.24%.

Our recommended stoploss: $170.71 (-4.84%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 9 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

Lennox International Inc holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.

Trade LII CFDs with Plus500

Your capital is at risk.

Important: Plus500 doesn't offer signals and it is a CFD service.
Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).

Help StockInvest improve by answering this short survey clicking HERE.

Build Your Watchlist

Add LII My Watchlist

Recommended
books of the week

Last donation

Do you find our website useful too?
Help us improve by making a small donation or
Get PRO features

Sign up to get FREE access to awesome features

START FREE 5-DAY TRIAL
START FREE 5-DAY TRIAL