Technical Analysis for LOCL - Local Bounti Corporation

Grade Last Price % Change Price Change
F 6.48 -6.63% -0.46
LOCL closed down 6.63 percent on Tuesday, December 7, 2021, on 3.7 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Down Down
Historical LOCL trend table...

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Volume Surge Other 0.00%
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -6.63%
Calm After Storm Range Contraction -6.63%
Narrow Range Bar Range Contraction -6.63%
NR7 Range Contraction -6.63%
Lower Bollinger Band Walk Weakness -6.63%
Older End-of-Day Signals for LOCL ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 1 ATR about 11 hours ago
Lower Bollinger Band Support about 12 hours ago
Down 10% about 12 hours ago
60 Minute Opening Range Breakdown about 12 hours ago
Outside Day about 12 hours ago
View Earlier Intraday Alerts

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Profile

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: Financial Services
Industry: Shell Companies
Keywords: Emerging Technologies Molecular Biology Food Industry USDA Controlled Environment Agriculture Genetically Modified Organism Sustainable Agriculture Agroecology

Is LOCL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Recent News

Indicators

Indicator Value
52 Week High 12.87
52 Week Low 5.75
Average Volume 360,935
200-Day Moving Average 0.00
50-Day Moving Average 9.50
20-Day Moving Average 8.80
10-Day Moving Average 7.77
Average True Range 1.02
ADX 27.83
+DI 17.37
-DI 31.19
Chandelier Exit (Long, 3 ATRs) 9.80
Chandelier Exit (Short, 3 ATRs) 8.82
Upper Bollinger Bands 11.84
Lower Bollinger Band 5.76
Percent B (%b) 0.12
BandWidth 69.15
MACD Line -0.86
MACD Signal Line -0.56
MACD Histogram -0.2998
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.84
Resistance 3 (R3) 8.90 8.19 8.44
Resistance 2 (R2) 8.19 7.59 8.15 8.31
Resistance 1 (R1) 7.33 7.22 6.98 7.27 8.18
Pivot Point 6.62 6.62 6.44 6.58 6.62
Support 1 (S1) 5.76 6.02 5.41 5.70 4.78
Support 2 (S2) 5.05 5.65 5.01 4.65
Support 3 (S3) 4.19 5.05 4.52
Support 4 (S4) 4.13