What's Driving Lamb Weston's Sustained Underperformance

Core Viewpoint - Lamb Weston has faced persistent selling pressure since July 2023, indicating structural weakness rather than incidental issues [1] Weekly Chart Breakdown - Currently in Phase 12 of the 18-phase Adhishthana cycle, Lamb Weston previously entered Phase 4 in December 2019 and formed a Cakra pattern through Phase 8, which typically indicates bullish potential [2][3] - Instead of breaking out in Phase 9, the stock reversed and broke its Cakra downwards, triggering a bearish outcome known as the Move of Pralaya, leading to a decline of over 61% [5] Monthly Chart Analysis - On the monthly chart, Lamb Weston is in Phase 2, which consists of a Sankhya period followed by a Buddhi period; however, the stock rallied prematurely during the Sankhya period, leading to unsustainable gains [6][8] - As the stock transitioned into the Buddhi phase, it experienced a sharp collapse, reinforcing the bearish setup and highlighting the lack of structural support for the rally [9] Investor Outlook - With the downside Cakra breakdown and Phase 2 deviation, Lamb Weston remains structurally weak, and the current bearish sentiment is expected to continue [11] - Investors should exercise patience and wait for clearer opportunities, which may arise once the stock reaches its Guna Triads [11]