LIFEWAY FOODS INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	LWAY
ISIN:

LIFEWAY FOODS INC. - Daily - Technical analysis published on 08/14/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

89%

11%

My opinion

Bullish above 17.16 USD

My targets

19.66 USD (+10.45%)

21.90 USD (+23.03%)

My analysis

LIFEWAY FOODS INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 17.16 USD. The next resistance located at 19.66 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 21.90 USD. After this resistance, buyers could then target 24.87 USD.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by AWdeLeng. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The LIFEWAY FOODS INC. rating is 17.80 USD. On the day, this instrument gained +6.84% and was between 16.52 USD and 18.17 USD. This implies that the price is at +7.75% from its lowest and at -2.04% from its highest.

16.52

18.17

17.80

Here is a more detailed summary of the historical variations registered by LIFEWAY FOODS INC.:

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Technical

A technical analysis in Daily of this LIFEWAY FOODS INC. chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12.49	14.77	17.16	17.80	19.66	21.90	24.87
Change (%)	-29.83%	-17.02%	-3.60%	-	+10.45%	+23.03%	+39.72%
Change	-5.31	-3.03	-0.64	-	+1.86	+4.10	+7.07
Level	Major	Intermediate	Intermediate	-	Intermediate	Major	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.17	15.85	16.82	17.50	18.47	19.15	20.12
Camarilla	17.35	17.50	17.65	17.80	17.95	18.10	18.25
Woodie	15.33	15.92	16.98	17.57	18.63	19.22	20.28
Fibonacci	15.85	16.48	16.87	17.50	18.13	18.52	19.15

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.81	9.44	10.40	11.03	11.99	12.62	13.58
Camarilla	10.93	11.08	11.22	11.37	11.52	11.66	11.81
Woodie	8.99	9.52	10.58	11.11	12.17	12.70	13.76
Fibonacci	9.44	10.04	10.42	11.03	11.63	12.01	12.62

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.05	10.82	11.57	12.34	13.09	13.86	14.61
Camarilla	11.91	12.05	12.19	12.33	12.47	12.61	12.75
Woodie	10.05	10.82	11.57	12.34	13.09	13.86	14.61
Fibonacci	10.82	11.40	11.76	12.34	12.92	13.28	13.86

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	77.40
MACD (12,26,9):	0.4000
Directional Movement:	38.50
AROON (14):	50.00
DEMA (21):	12.92
Parabolic SAR (0,02-0,02-0,2):	10.20
Elder Ray (13):	4.19
Super Trend (3,10):	13.88
Zig ZAG (10):	17.41
VORTEX (21):	1.1200
Stochastique (14,3,5):	77.15
TEMA (21):	13.91
Williams %R (14):	-3.08
Chande Momentum Oscillator (20):	5.77
Repulse (5,40,3):	21.0400
ROCnROLL:	1
TRIX (15,9):	-0.2600
Courbe Coppock:	19.15

MA7:	12.90
MA20:	12.27
MA50:	12.45
MA100:	16.26
MAexp7:	13.91
MAexp20:	12.69
MAexp50:	13.26
MAexp100:	14.10
Price / MA7:	+37.98%
Price / MA20:	+45.07%
Price / MA50:	+42.97%
Price / MA100:	+9.47%
Price / MAexp7:	+27.97%
Price / MAexp20:	+40.27%
Price / MAexp50:	+34.24%
Price / MAexp100:	+26.24%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on LIFEWAY FOODS INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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