Linde stock: buy or sell

LIN stock price: $291.97 2.14% At close on Apr 21st, 2021

Updated on:
Apr 22nd, 2021

2

Linde stock brief

  • Linde grew a 2.14% after making all-time highs on Wednesday
  • Linde plc operates as an industrial gas company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific.

Should I buy Linde stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $LIN stock a buy?

In the current situation of Linde there is not any eligible buy setup. This doesn't mean $LIN will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Linde stock?

Do you know when is it time to sell Linde?. Just as when we have to buy shares, deciding when is appropiate time to sell is not a fickle decision, and we must follow our own trading strategy. When selling, as well as buying, detailed setups are very easy to use but are only valid for selling stocks you already own, not for shorting $LIN stock

A guiding principle is that you must never mantain an investment that generates losses greater than those expected upon the buy. The timing to sell your stock always has to be determined by the stop-loss (automatic or manual)

Is it time to sell Linde stock?

In the current situation of Linde there is not any eligible sell setup, so Linde stock holders with operations in green can keep their positions

Linde ratings

In the last 30 days, 3 brokerage ratings were published for Linde. General sentiment is bullish, with 2 out of 3 publishing optimistic forecasts

Linde analysts' ratings - Last 30 days
Brokerage firmRating
Mar 24th, 2021
Cowen
Apr 6th, 2021
Wells Fargo & Company Buy
Apr 13th, 2021
Wells Fargo & Company Buy

Linde stock analysis

$LIN at new Highs

Linde did it again, and hit new all-time highs (ATH) on Wednesday at $292.49. Stock surged fast in the last 2 weeks, cracking new all-time highs 3 times

SMAs overview

LIN stock SMAs chart

Supports and resistances

Price is at all-time highs and there are not upper resistance levels.

The current support levels are:

  • S1: $273.40 (-6.36% below)
  • S2: $267.63 (-8.34% below)
  • S3: $258.87 (-11.34% below)
  • Bollinger bands

    The price is trading near to the upper Bollinger band, signaling some level of overbought in recent sessions. This is not a bearish indicator, as price can move in these levels for many days and weeks

    LIN stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 last Monday after just crossing to the overbough zone for 1 day (weak signal). The RSI reading on Wednesday was 69.52

    LIN stock RSI chart

    Linde stock price history

    Linde started trading on Jun 17th, 1992 at $5.18 per share1. Since then, LIN stock has risen by 5,536.49%, with an average of 197.73% per year. If you had invested $1,000USD in Linde stock at that time, it would worth $56,364.86 today.

    1: Adjusted price after possible price splits or reverse-splits

    LIN stock price history chart

    Price target for Linde stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations post their analysis predicting how a stock will performance in the future.

    The following table shows the price forecasts published by analysts for the last 30 days. Again, these estimates are not direct recommendations for individual traders and should not be followed blindly.

    Averaging all price targets exposed below, the predicted price for Linde stock is $307.33. Linde closed at $291.97 on Wednesday, that is a 5.00% than the forecasted price.

    Linde stock price predictions
    Brokerage firmPrice target
    Mar 24th, 2021
    Cowen $300.00
    Apr 6th, 2021
    Wells Fargo & Company $300.00$311.00
    Apr 13th, 2021
    Wells Fargo & Company $300.00$311.00

    Earnings and financials

    Last February, Linde plc ($LIN) reported adjusted EPS for that slightly surpassed Market expectations. Quarterly EPS was $2.30 per share instead of $2.14. This quarterly report means an earnings surprise of 7.48%. On the contrary, reported sales were $7.3 billion, consistent with the market estimates.

    This compares to Earnings of $1.89 per share same quarter last year, so reported EPS is an improvement of 21.69%. Turnover slightly moved on an annualized basis in the , from $70.8B to $72.7B last quarter.

    Linde ($LIN) will host the Q1 earnings call next Thursday. Wall Street analysts estimate of $2.25, that is a 2.17% lower than previous quarter.

    Linde performance

    LIN performance compared
    Company1m3m6m
    Linde ($LIN) 8.10% 14.00% 27.10%

    Important:
    The thoughts expressed in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this report does not have any knowledge of the individual situations of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are published for learning reasons only

    Linde summary

    Wednesday, April 21st, 2021
    Open$287.69
    Close$291.97
    Day range$287.49 - $292.49
    Previous close$285.84
    Session gain2.14%
    Average true range$3.97
    50d mov avg$266.81
    100d mov avg$260.70
    200d mov avg$250.22
    Earnings dateMay 6th, 2021

    Frequently asked questions

    What is Linde stock symbol?

    Linde plc is a public company trading in the US stock market with the LIN symbol

    Is Linde stock a buy or sell?

    Linde received 3 ratings in the last 30 days: 2 bullish, 0 bearish and 0 neutral.

    Will LIN go up?

    Linde had different price forecasts posted by analysts in the last 4 weeks setting the target price to $307.33. That is a 5.26% than the last price ($291.97).