Overall LAB gets a technical rating of 5 out of 10. LAB has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
LAB has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.13
5 important support areas can be observed.
- A support zone ranging from 1.41 to 1.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.28 to 1.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.21 from a horizontal line in the daily time frame.
- Support @1.16 from a trend line in the weekly time frame.
- Support @1.14 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.43 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for LAB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LAB is up. |
| ChartMill Relative Strength | 32.85 | NEUTRAL | LAB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LAB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LAB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LAB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.93 | NEUTRAL | The RSI value for LAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests LAB has a positive trend. |
| Stochastics (14,3) | 91.14 | OVERBOUGHT | The high Stochastics value suggests LAB may be overbought. |
| Average True Range in percent/ATR (20) | 5.9 | HIGH VOLATILITY | The high ATR as a percentage value for LAB suggests high volalility. |
| Average Directional Index/ADX (14) | 19.84 | NEGATIVE | The low ADX value for LAB suggests a weak or negative trend. |
1.42
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STANDARD BIOTOOLS INC / LAB FAQ
What is the ChartMill technical rating of STANDARD BIOTOOLS INC (LAB) stock?
ChartMill assigns a technical rating of 5 / 10 to LAB.
What is the trend direction for LAB stock?
The current trend direction for STANDARD BIOTOOLS INC (LAB) is Bearish.
Can you provide the RSI signal for STANDARD BIOTOOLS INC?
STANDARD BIOTOOLS INC (LAB) has an RSI value of 65.9255. This indicates that the stock is currently neutral.
Can you provide the MACD signal for STANDARD BIOTOOLS INC?
The MACD indicator for STANDARD BIOTOOLS INC (LAB) has a value of 0.0305194, indicating a bearish trend.
What is the support and resistance level for LAB stock?
STANDARD BIOTOOLS INC (LAB) has a support level at 1.41 and a resistance level at 1.43. Check the full technical report for our detailed analysis of LAB support and resistance levels.