Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products... Show more
a manufacturer of welding, cutting and brazing products
Industry ToolsHardware
A.I.dvisor indicates that over the last year, LECO has been closely correlated with GGG. These tickers have moved in lockstep 74% of the time. This A.I.-generated data suggests there is a high statistical probability that if LECO jumps, then GGG could also see price increases.
| Ticker / NAME | Correlation To LECO | 1D Price Change % | ||
|---|---|---|---|---|
| LECO | 100% | -0.19% | ||
| GGG - LECO | 74% Closely correlated | +0.50% | ||
| DOV - LECO | 73% Closely correlated | -0.21% | ||
| DCI - LECO | 73% Closely correlated | +0.08% | ||
| ZWS - LECO | 70% Closely correlated | +0.17% | ||
| FELE - LECO | 70% Closely correlated | +0.53% | ||
More | ||||
| Ticker / NAME | Correlation To LECO | 1D Price Change % |
|---|---|---|
| LECO | 100% | -0.19% |
| Tools & Hardware industry (11 stocks) | 33% Poorly correlated | -0.93% |
| LECO industry (17 stocks) | 24% Poorly correlated | -0.48% |
| Consumer Durables industry (208 stocks) | -3% Poorly correlated | +4.02% |
The RSI Indicator for LECO moved out of oversold territory on September 15, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 27 similar instances when the indicator left oversold territory. In 19 of the 27 cases the stock moved higher. This puts the odds of a move higher at 70%.
The Momentum Indicator moved above the 0 level on September 24, 2026. You may want to consider a long position or call options on LECO as a result. In 55 of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 68%.
The Moving Average Convergence Divergence (MACD) for LECO just turned positive on September 24, 2026. Looking at past instances where LECO's MACD turned positive, the stock continued to rise in 27 of 41 cases over the following month. The odds of a continued upward trend are 66%.
LECO moved above its 50-day moving average on September 25, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +2.37% 3-day Advance, the price is estimated to grow further. Considering data from situations where LECO advanced for three days, in 221 of 345 cases, the price rose further within the following month. The odds of a continued upward trend are 64%.
LECO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In 171 of 301 cases where LECO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 57%.
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The 10-day moving average for LECO crossed bearishly below the 50-day moving average on September 14, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 56%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where LECO declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 56%.
The Tickeron SMR rating for this company is 27 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 28 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 73, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 37 (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is 49 (best 1 - 100 worst), indicating steady price growth. LECO’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of 83 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: LECO's P/B Ratio (9.515) is very high in comparison to the industry average of (3.203). P/E Ratio (27.122) is within average values for comparable stocks, (26.858). Projected Growth (PEG Ratio) (1.531) is also within normal values, averaging (1.023). Dividend Yield (0.012) settles around the average of (0.017) among similar stocks. P/S Ratio (3.155) is also within normal values, averaging (2.217).