We assign a technical rating of 1 out of 10 to LAB. LAB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
90% 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. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
LAB has an average volume of 1604440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LAB is part of the Life Sciences Tools & Services industry. There are 56 other stocks in this industry, LAB did better than 43% of them.
In the last month LAB has a been trading in the 0.97 - 1.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.