Technical Analysis for LOCL - Local Bounti Corporation
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Down | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Lower Bollinger Band Walk | Weakness | -2.34% | |
| Wide Bands | Range Expansion | -2.34% | |
| Gapped Up | Strength | -2.34% | |
| Below Lower BB | Weakness | -2.34% | |
| Down 3 Days in a Row | Weakness | -2.34% | |
| Down 4 Days in a Row | Weakness | -2.34% | |
| Down 5 Days in a Row | Weakness | -2.34% | |
| Lower Bollinger Band Touch | Weakness | -2.34% | |
| Oversold Stochastic | Weakness | -2.34% | |
| Expansion Breakdown | Bearish Swing Setup | -7.22% |
| Alert | Time |
|---|---|
| 3x Volume Pace | about 2 hours ago |
| Down 5% | about 3 hours ago |
| 60 Minute Opening Range Breakdown | about 3 hours ago |
| Up 5% | about 6 hours ago |
| Up 3% | about 6 hours ago |
Free Daily (Stock) Chart Reading
- Earnings date: 11/08/2024
Local Bounti Corporation Description
Local Bounti is a premier controlled environment agriculture (CEA) company redefining conversion efficiency and environmental, social and governance (ESG) standards for indoor agriculture. Local Bounti operates an advanced indoor growing facility in Hamilton, Montana, within a few hours' drive of its retail and food service partners. Reaching retail shelves in record time post-harvest, Local Bounti produce is superior in taste and quality compared to traditional field-grown greens. Local Bounti's USDA Harmonized Good Agricultural Practices (GAP Plus+) and non-genetically modified organisms (GMO) produce is sustainably grown using proprietary technology 365 days a year, free of pesticides and herbicides, and using 90 percent less land and water than conventional outdoor farming methods. With a mission to 'bring our farm to your kitchen in the fewest food miles possible,' Local Bounti is disrupting the cultivation and delivery of produce. Local Bounti is also committed to making meaningful connections and giving back to each of the communities it serves.
Classification
Sector: Consumer Defensive
Industry: Farm Products
Keywords: Emerging Technologies Molecular Biology Food Industry USDA Controlled Environment Agriculture Sustainable Agriculture Agroecology Genetically Modified Organism Pesticide
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 4.0 |
| 52 Week Low | 1.56 |
| Average Volume | 6,714 |
| 200-Day Moving Average | 2.67 |
| 50-Day Moving Average | 2.45 |
| 20-Day Moving Average | 2.36 |
| 10-Day Moving Average | 2.22 |
| Average True Range | 0.18 |
| RSI (14) | 16.67 |
| ADX | 32.26 |
| +DI | 7.27 |
| -DI | 34.67 |
| Chandelier Exit (Long, 3 ATRs) | 2.05 |
| Chandelier Exit (Short, 3 ATRs) | 2.24 |
| Upper Bollinger Bands | 2.82 |
| Lower Bollinger Band | 1.89 |
| Percent B (%b) | -0.2 |
| BandWidth | 39.38 |
| MACD Line | -0.16 |
| MACD Signal Line | -0.08 |
| MACD Histogram | -0.0759 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 2.01 | ||||
| Resistance 3 (R3) | 2.04 | 1.98 | 1.96 | ||
| Resistance 2 (R2) | 1.98 | 1.90 | 1.96 | 1.94 | |
| Resistance 1 (R1) | 1.84 | 1.85 | 1.81 | 1.81 | 1.93 |
| Pivot Point | 1.78 | 1.78 | 1.76 | 1.76 | 1.78 |
| Support 1 (S1) | 1.64 | 1.70 | 1.61 | 1.61 | 1.49 |
| Support 2 (S2) | 1.58 | 1.65 | 1.56 | 1.48 | |
| Support 3 (S3) | 1.44 | 1.58 | 1.46 | ||
| Support 4 (S4) | 1.41 |
