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Takip Edin: @UscMarketsLECO Stock Forecast & Lincoln Electric Holdings Chart Analysis
This article provides a detailed analysis of LECO-Lincoln Electric Holdings stock including a forecast for LECO shares. It features Lincoln Electric Holdings, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
LECO Historical Data Review
LECO Current Price Performance Analysis
The Lincoln Electric Holdings - LECO stock traded on the American stock market, on 06-05-2024, closed at 190.13$ with a %0.08 increased compared to the previous day.
In the last month, the price of LECO changed by %-16.33 decreased in value, from 227.25 dollars on 05-06-2024 to 190.13 dollars, decreased.
Last year, the price of LECO was 183.66 dollars on 06-06-2023, and changed by %3.52 increased in value, to 190.13 dollars increased within a year.
The price of Lincoln Electric Holdings stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
LECO with AI Stock Forecast & Price Target
On the LECO chart Lincoln Electric Holdings price was recorded as 190.13 Dollars on 06/05/2024.
The artificial intelligence's forecast on LECO stock is as follows.
The artificial intelligence's prediction error margin for LECO stock is moderately high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Lincoln Electric Holdings stock over the next 4 months is: 199.0 Dollars.
The commentary on LECO stock Target Price: Highest: 218.467 Dollars is predicted.
The commentary on LECO stock Target Price: Lowest: 188.409 Dollars is predicted.
Resistance Price where Lincoln Electric Holdings stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-05-2024 | 218.467 |
| 10-03-2024 | 190.860 |
| 10-23-2024 | 188.869 |
| 12-12-2024 | 205.108 |
| 01-21-2025 | 194.624 |
| 02-20-2025 | 193.454 |
| 03-12-2025 | 195.609 |
Support Price where Lincoln Electric Holdings stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-18-2024 | 190.585 |
| 10-18-2024 | 188.547 |
| 10-28-2024 | 188.409 |
| 01-16-2025 | 194.576 |
| 02-05-2025 | 191.758 |
| 02-25-2025 | 193.281 |
| 03-17-2025 | 195.085 |
The commentary on LECO stock: Fluctuations in the target price can be expected in the coming days.
The target price for Lincoln Electric Holdings stock by the end of 2024 is predicted to be 200.602 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on LECO stock, and the 2024 target price predictions for Lincoln Electric Holdings are detailed above.
The technical analysis and charts for the commentary on LECO stock are below.
LECO Support & Resistance and Trend Analysis
LECO stock you have reviewed the technical analysis support resistance charts regarding.
LECO : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the LECO review, the Lincoln Electric Holdings support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Lincoln Electric Holdings Support and Resistance Prices:
| LECO Support Level Price | LECO Resistance Level Price |
|---|---|
| 192.75 | 206.43 |
| 207.28 | 221.14 |
| 217.49 | 225.80 |
| 219.06 | 232.64 |
| 221.58 | 234.21 |
| 245.46 | 238.47 |
| 243.04 | |
| 259.04 | |
| 261.13 |
LECO Technical Analysis: SMA, RSI, MACD
Upon reviewing the LECO chart, buy and sell signals have been generated in the Lincoln Electric Holdings technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for LECO stock are as follows:- LECO technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Lincoln Electric Holdings gave a 'Buy' signal when the RSI was at 26.255, with the current RSI value at 7.613.
- The technical analysis for Lincoln Electric Holdings indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
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