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LII Stock Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top LII on September 26, 2023, netting in a 8.31% gain over 3 weeks

A.I.dvisor
at Tickeron.com
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+8.31% Gain from a Successful pattern Head-and-Shoulders Top
LII - Lennox International
Tickeron
Ticker: LII
Company: Lennox International
Gain from shortening: +8.31%
Confirmed: 09/26/23
Succeeded: 10/20/23
Total length: 25 days
On September 25, 2023, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Lennox International (LII, $380.09). 1 day later, on September 26, 2023, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On October 20, 2023, the stock hit the target price of $349.66 – resulting in a gain for traders who shorted the stock on the pattern detection date.

LII in -1.48% downward trend, sliding for three consecutive days on November 15, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where LII declined for three days, in of 251 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 59 cases where LII's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for LII turned negative on November 15, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 52 similar instances when the indicator turned negative. In of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at .

LII broke above its upper Bollinger Band on November 05, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 07, 2024. You may want to consider a long position or call options on LII as a result. In of 85 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where LII advanced for three days, in of 342 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 59, placing this stock better than average.

The Tickeron SMR rating for this company is (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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. LII’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (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 Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly 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: LII's P/B Ratio (60.241) is very high in comparison to the industry average of (9.538). P/E Ratio (29.272) is within average values for comparable stocks, (37.536). Projected Growth (PEG Ratio) (3.147) is also within normal values, averaging (3.657). Dividend Yield (0.009) settles around the average of (0.019) among similar stocks. P/S Ratio (3.470) is also within normal values, averaging (2.250).

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LII
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General Information

a manufacturer of broad range of products for the heating, ventilation, air conditioning and refrigeration markets

Industry BuildingProducts

Profile
Fundamentals
Details
Industry
Building Products
Address
2140 Lake Park Boulevard
Phone
+1 972 497-5000
Employees
12600
Web
https://www.lennox.com