Lci Industries (LCII): Price Now Near $137.65; Daily Chart Shows Downtrend on 50 Day Basis

The Hourly View for LCII

At the time of this writing, LCII (Get Ratings)’s price is down $-2.01 (-1.44%) from the hour prior. LCII has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. Regarding moving averages, it should first be noted that price has crossed the 100 and 50 hour moving averages, resulting in them so that price is now turning below them. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Out of Automobiles and Trucks stocks, LCII ranks 71st in regards to today’s price percentage change.

LCII’s Technical Outlook on the Daily Chart

At the moment, LCII’s price is down $-1.49 (-1.07%) from the day prior. The daily chart shows that LCII has seen 2 straight down days. Regarding the trend, note that the strongest trend exists on the 100 day timeframe. Regarding moving averages, it should first be noted that price has crossed the 100 day moving average, resulting in them so that price is now turning below it. The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. The chart below shows LCII’s price action over the past 90 days.

LCII

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LCII: Daily RSI Analysis

  • For LCII, its RSI is now at 21.0993.
  • LCII and RSI may be exhibiting divergent trends. This may be something to monitor.

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