The Battle Of Limestone Bancorp, Inc. ($LMST) And German American Bancorp, Inc. ($GABC)

2019-08-16 | Welcome! Today we compared how two different stocks in the Major Banks industry are trading: Limestone Bancorp, Inc. and German American Bancorp, Inc.. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Limestone Bancorp, Inc. opened at 15.13, got to a maximum price of 15.13 and dropped to as low as 15.02 before finishing the session at 15.02. In total there were 1500.0 shares traded, which is enough to conduct our analysis. Compare that now to German American Bancorp, Inc., which opened at 30.11, had a high of 30.5, a low of 29.96, closed at 30.22 and had a total volume of 124900.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Limestone Bancorp, Inc. German American Bancorp, Inc.
Accumulation-distribution index 658.18526 1028.79115
on-balance volume -14.95 -30.01
chaikin money flow

0.95232 1.76923
force index

0.0025 0.1426
ease of movement rating

0.00055 0.00011
volume-price trend

-0.02213 0.60637
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Limestone Bancorp, Inc. German American Bancorp, Inc.
Average true range 0.06089 0.31111
Bolinger bands 15.08399 30.31654
Upper bollinger band 14.88601 29.21346
Lower bollinger band

15.02 29.96
Bollinger high band indicator

1.0 nan
Bollinger high low indicator

1.0 1.0
Central keltner channel

15.09333 30.19
High band keltner channel

15.09333 29.8
Low band keltner channel

15.09333 30.58
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

15.02 29.96
Donchain channel low band

15.02 29.96
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Limestone Bancorp, Inc. German American Bancorp, Inc.
Moving Average Convergence Divergence (MACD) trend_macd -0.00875
MACD signal -0.00087 -0.00486
MACD difference -0.0007 -0.00389
fast Exponential Moving Average (EMA) indicator

15.02 29.96
slow Exponential Moving Average (EMA) indicator

15.02 29.96
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.43563 0.10571

-0.2829 1.57992
Mass Index (MI)

1.8 1.0
Commodity Channel Index (CCI)

-66.66667 -66.66667
Detrended Price Oscillator (DPO)

0.02237 -0.59245
KST Oscillator (KST)

-1.487 20.17366
KST Oscillator (KST Signal)

-1.487 20.17366
KST difference

-1.16338 -3.31999
Ichimoku rating

15.13 30.305
Ichimoku B rating

15.13 30.305
Ichimoku visual trend A

15.12296 29.90497
Ichimoku visual trend B

15.13703 30.04145
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

-4.0 -4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Limestone Bancorp, Inc. German American Bancorp, Inc.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 33.55745 100.0
True Strength Index (TSI) -100.0 100.0
ultimate oscillator

-25.52492 79.79665
stochastic oscillator

50.0 138.46154
stochastic oscillator signal

50.0 138.46154
Williams %R rating

-50.0 38.46154
awesome oscillator

0.00485 0.065

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Limestone Bancorp, Inc. and German American Bancorp, Inc..

Daily return -0.1487 2.01737
Daily log return -0.46713 -1.31028
Cumulative return -0.46605 -1.30174

So there you have it: our deep, grueling analysis comparing Limestone Bancorp, Inc. and German American Bancorp, Inc. together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Limestone Bancorp, Inc.:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether LMST is strong or weak. Again – this is not a reliable indication of whether Limestone Bancorp, Inc. is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with German American Bancorp, Inc.

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at amarketreportsjournal.
Abigale Lormen

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