Lancaster Colony Stock Technical Analysis

LANC Stock  USD 185.59  1.28  0.68%   
As of the 23rd of April, Lancaster Colony secures the Mean Deviation of 1.17, risk adjusted performance of 0.0553, and Downside Deviation of 1.4. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lancaster Colony, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Lancaster Colony, which can be compared to its peers in the industry. Please verify Lancaster Colony value at risk, and the relationship between the jensen alpha and semi variance to decide if Lancaster Colony is priced some-what accurately, providing market reflects its recent price of 185.59 per share. Given that Lancaster Colony has jensen alpha of 0.031, we recommend you to check Lancaster Colony's last-minute market performance to make sure the company can sustain itself at a future point.

Lancaster Colony Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Lancaster, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Lancaster
  
Lancaster Colony's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Lancaster Colony Analyst Consensus

Target PriceAdvice# of Analysts
205.33Buy8Odds
Lancaster Colony current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Lancaster analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Lancaster stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Lancaster Colony, talking to its executives and customers, or listening to Lancaster conference calls.
Lancaster Analyst Advice Details
Lancaster Colony technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Lancaster Colony technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Lancaster Colony trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Lancaster Colony Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Lancaster Colony volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Lancaster Colony Trend Analysis

Use this graph to draw trend lines for Lancaster Colony. You can use it to identify possible trend reversals for Lancaster Colony as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Lancaster Colony price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Lancaster Colony Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Lancaster Colony applied against its price change over selected period. The best fit line has a slop of   0.17  , which means Lancaster Colony will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1042.02, which is the sum of squared deviations for the predicted Lancaster Colony price change compared to its average price change.

About Lancaster Colony Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Lancaster Colony on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Lancaster Colony based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Lancaster Colony price pattern first instead of the macroeconomic environment surrounding Lancaster Colony. By analyzing Lancaster Colony's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Lancaster Colony's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Lancaster Colony specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02450.01670.01920.0287
Price To Sales Ratio2.113.032.732.86

Lancaster Colony April 23, 2024 Technical Indicators

Most technical analysis of Lancaster help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Lancaster from various momentum indicators to cycle indicators. When you analyze Lancaster charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Lancaster Colony April 23, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Lancaster stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Lancaster Colony offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lancaster Colony's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lancaster Colony Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lancaster Colony Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lancaster Colony. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Lancaster Stock refer to our How to Trade Lancaster Stock guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running Lancaster Colony's price analysis, check to measure Lancaster Colony's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lancaster Colony is operating at the current time. Most of Lancaster Colony's value examination focuses on studying past and present price action to predict the probability of Lancaster Colony's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lancaster Colony's price. Additionally, you may evaluate how the addition of Lancaster Colony to your portfolios can decrease your overall portfolio volatility.
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Is Lancaster Colony's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lancaster Colony. If investors know Lancaster will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lancaster Colony listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.043
Dividend Share
3.35
Earnings Share
4.69
Revenue Per Share
68.016
Quarterly Revenue Growth
0.202
The market value of Lancaster Colony is measured differently than its book value, which is the value of Lancaster that is recorded on the company's balance sheet. Investors also form their own opinion of Lancaster Colony's value that differs from its market value or its book value, called intrinsic value, which is Lancaster Colony's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lancaster Colony's market value can be influenced by many factors that don't directly affect Lancaster Colony's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lancaster Colony's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lancaster Colony is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lancaster Colony's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.