STANDARD BIOTOOLS INC (LAB) Stock Technical Analysis
NASDAQ:LAB - US34385P1084 - Common Stock
1.29 USD
+0.05 (+4.03%)
1.27 USD
-0.02 (-1.55%)
We assign a technical rating of 3 out of 10 to LAB. LAB performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
80% of all other stocks performed better in the past year than LAB.
LAB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
LAB has an average volume of 1554490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
LAB is an average performer in the Life Sciences Tools & Services industry, it outperforms 46% of 55 stocks in the same industry.
In the last month LAB has a been trading in the 1.15 - 1.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LAB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.28, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LAB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.18
1.41
We found 3 important support areas.
- A support zone ranging from 1.24 to 1.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.21 to 1.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.19 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @1.33 from a trend line in the daily time frame.
- Resistance @1.40 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 | NEUTRAL | NEUTRAL | The short term trend for LAB is neutral. |
| ChartMill Relative Strength | 20.25 | NEGATIVE | LAB has a low relative strength, it was outperformed by 79.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LAB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LAB is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LAB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.9 | NEUTRAL | The RSI value for LAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LAB has a positive trend. |
| Stochastics (14,3) | 56.67 | NEUTRAL | The Stochastics value for LAB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.66 | HIGH VOLATILITY | The high ATR as a percentage value for LAB suggests high volalility. |
| Average Directional Index/ADX (14) | 17.55 | NEGATIVE | The low ADX value for LAB suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.29
+0.05 (+4.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg4.03%
1 Week0%
2 Weeks1.57%
1 Month-0.77%
3 Month21.7%
6 Month11.21%
12 Month-33.51%
2 Year-55.52%
3 Year17.27%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%5.66%
ATR Inc-10.96%
Range Today0.1
ADR(20)0.07
ADR(20)%5.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.25
Mansfield-1.83
10 Day High1.35
10 Day Low1.19
20 Day High1.35
20 Day Low1.15
52 Week High2.32
52 Week Low0.92
CS1 End1.28
CR1 Start1.33
Volume & EV
DER(3)1.83%
DER(5)3.11%
Volume1.54M
Volume Incr-15.69%
Vol(5)1.05M
Vol(50)1.55M