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Downtrend Broken Resist.Archive
- 6/6/2025 -
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Linens 'n Things Inc. (LIN) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a fourth consecutive positive week for the Linens 'n Things Inc. (LIN). During the week, the LIN gained 5.13 points, or 1.10%, and closed at 472.71 on Friday, June 6, 2025. LIN was trading at average weekly trading volume.
 Long-term trend: [See LIN long-term trend chart]
A long-term downtrend had started on October 17, 2024 at 487.49 and reached 408.70 on April 8, 2025. LIN lost 78.79 points, or 16.16%, in 24 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (407.38) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. LIN may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See LIN medium-term trend chart]
A medium-term uptrend had started on April 8, 2025 at 408.70 and reached 475.48 on June 4, 2025. LIN gained -66.78 points, or -16.34%, in 8 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (465.41) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See LIN weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
The weekly MACD line is above its signal line since May 16, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
 Short-term trend: [See LIN short-term trend chart]
A short-term uptrend had started on June 2, 2025 at 461.32 and reached 475.48 on June 4, 2025. LIN gained -14.16 points, or -3.07%, in 2 days. The price is now at the 19.56% retracement level.
 Daily Technical Indicators: [See LIN daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Lane's Stochastic help.
The daily MACD line is above its signal line since April 16, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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