Lindsay Corporation (LNN)

Lindsay Corporation is trading at $106.59, down 0.21% on the session. The 50 day average sits at $115.29 and the 200 day at $117.66, which puts the stock in a downtrend. RSI is at 34.4, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $106.84 with resistance near $116.16, so that band frames the current range. Average daily movement is roughly $3.61, or about 3.4% of the share price, which is what any stop placement has to allow for. The overall health score of 26 out of 100 combines a trend score of 7, momentum of 25 and a risk score of 59.

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. It operates through two segments, Irrigation and Infrastructure. The Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot brand; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems. It also offers repair and replacement parts for its irrigation systems and controls, and diameter steel tubing; global positioning system positioning and guidance, variable rate irrigation, wireless irrigation management, machine-to-machine communication technology solutions and mobile device applications; and irrigation scheduling technology solutions; and industrial Internet of Things technology solutions, data acquisition and management systems, and custom electronic equipment for applications under the Elecsys brand. The Infrastructure segment provides Road Zipper System comprised of T-shaped concrete and steel barriers, barrier transfer machine, and variable length barriers, which are used for highway reconstruction, paving and resurfacing, road widening, median and shoulder construction, and repairs to tunnels and bridges. This segment also offers redirective and non-redirective crash cushions, moveable barriers to enhance highway safety at locations such as toll booths, end terminals, road marking, freeway off-ramps, medians and roadside barrier ends, bridge supports, utility poles, and other fixed roadway hazards; specialty barriers; preformed tape and road safety accessory products, as well as rail products, such as signals and lights, structures, foundations, junction boxes, and signs. Lindsay Corporation was founded in 1955 and is headquartered in Omaha, Nebraska.