Lincoln Electric Holdings' 15-minute chart has recently triggered a KDJ Golden Cross and Bullish Marubozu at 08/12/2025 15:15. This indicates a shift in momentum towards the upside, suggesting potential for further price appreciation. With buyers currently in control of the market, it is likely that bullish momentum will continue.
Lincoln Electric Holdings (LECO), a manufacturer of specialized welding products and equipment, has recently received a significant boost with a Zacks Rank #1 (Strong Buy) upgrade. This rating reflects an upward trend in earnings estimates, indicating a positive outlook on the company's future performance. The Zacks rating system, which relies on a company's changing earnings estimates, has positioned Lincoln Electric in the top 5% of Zacks-covered stocks, suggesting superior earnings estimate revisions [1].
For the fiscal year ending December 2025, Lincoln Electric is expected to earn $9.37 per share, with analysts steadily raising their estimates over the past three months, resulting in a 2.6% increase in the Zacks Consensus Estimate [1]. This upward trend in earnings estimates suggests an improvement in the company's underlying business, which could lead to a favorable impact on its stock price.
Adding to the positive outlook, Lincoln Electric's 15-minute chart has recently triggered a KDJ Golden Cross and Bullish Marubozu at 08/12/2025 15:15. The KDJ Golden Cross indicates a shift in momentum towards an upward trend, while the Bullish Marubozu signals a strong buying interest, suggesting potential for further price appreciation. With buyers currently in control of the market, it is likely that bullish momentum will continue [2].
The combination of a strong Zacks Rank upgrade and positive technical signals suggests that Lincoln Electric Holdings might move higher in the near term. Investors should consider the positive earnings outlook and the technical indicators when evaluating the stock.
References:
[1] https://finance.yahoo.com/news/lincoln-electric-leco-upgraded-strong-160003125.html
[2] https://www.tradingview.com/news/stockstory:15837787b094b:0-earnings-to-watch-middleby-midd-reports-q2-results-tomorrow/
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