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LII - Lennox International Inc

Industry: Diversified Machinery Sector: Industrial Goods | Exchange: NYSE

Sell Candidate
Buy Score Rank #3519 out of #5176
Fri 18'th Aug 2017

PERIOD COVERED
2017-05-19 - 2017-08-18
CHANGE
-0.66%
PRICE
$164.02
VOLUME
Sell
TREND
Sell

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

BOLLINGER
Sell
Request Prediction
0.00%

Lennox International Inc Stock Analysis

Technical stock analysis for Fri 18'th Aug 2017

Sell candidate since 2017-08-14 Loss -2.68%

Lennox International Inc fell by -0.66% in the last day from $165.11 to $164.02 and has now fallen 5 days in a row. The price has fallen in 8 of the last 10 days and is down by -4.79% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -20 186 shares and in total 247 839 shares bought and sold for approximately $40.65 million.

Trend

Lennox International Inc has broken the wide and falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point ($166.72) are considered to be a "second chance" to get out. According to the fan-theory $149.30 will represent the new bottom line of the next trend, but it is far too early to say this for certain.

Signals

There are few to none technical positive signals at the moment. Lennox International Inc holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $166.85 and $176.16. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Monday August 07, 2017, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Relative Strength Index (RSI)

The stock currently holds a RSI14 at 26 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

Support & Resistance

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days. On the upside the stock meets some resistance just above today's level from accumulated volume at $171.96, $177.10 and $187.61.

The stock is about to test the resistance from accumulated volume at $171.96 and this may cause the stock to take a minor break or get into a more sideways move for a few days.

Price: $164.02 Resistance: $171.96
Price: $164.02 R: $171.96

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 $1.80 (1.10%) between high and low. For the last week, the stock has had a daily average volatility of 1.31%.

Lennox International Inc is oversold on RSI14 (26). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Overall risk:

           

Evaluation

Lennox International Inc holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Sell Candidate

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