Lamb Weston Holdings Inc (LW): Price Now Near $81.45; Daily Chart Shows An Uptrend on 20 Day Basis

The Hourly View for LW

At the time of this writing, LW (Get Ratings)’s price is down $-0.12 (-0.15%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

LW ranks 11th in terms of today’s price percentage change out of Food Products stocks.

LW’s Technical Outlook on the Daily Chart

Currently, LW’s price is up $0.91 (1.12%) from the day prior. This move is a reversal from the day prior, which saw price move down. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 20 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows LW’s price action over the past 90 days.

LW

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