Taking everything into account, LAB scores 8 out of 10 in our technical rating. Although LAB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although LAB has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.16
We found 3 important support areas.
- A support zone ranging from 1.42 to 1.45. 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.
- A support zone ranging from 1.17 to 1.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for LAB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LAB is up. |
| ChartMill Relative Strength | 45.04 | 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) | 73.92 | OVERBOUGHT | The high RSI value suggests LAB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LAB has a positive trend. |
| Stochastics (14,3) | 83.12 | OVERBOUGHT | The high Stochastics value suggests LAB may be overbought. |
| Average True Range in percent/ATR (20) | 5.08 | HIGH VOLATILITY | The high ATR as a percentage value for LAB suggests high volalility. |
| Average Directional Index/ADX (14) | 28.9 | POSITIVE | The high ADX value value for LAB suggests a strong trend. |
1.66
+0.11 (+7.1%)
STANDARD BIOTOOLS INC / LAB FAQ
What is the ChartMill technical rating of STANDARD BIOTOOLS INC (LAB) stock?
ChartMill assigns a technical rating of 8 / 10 to LAB.
What is the trend direction for LAB stock?
The current trend direction for STANDARD BIOTOOLS INC (LAB) is Bullish.
Can you provide the RSI signal for STANDARD BIOTOOLS INC?
STANDARD BIOTOOLS INC (LAB) has an RSI value of 73.9239. This indicates that the stock is currently overbought.
Can you provide the MACD signal for STANDARD BIOTOOLS INC?
The MACD indicator for STANDARD BIOTOOLS INC (LAB) has a value of 0.0136523, indicating a bearish trend.
What is the support and resistance level for LAB stock?
STANDARD BIOTOOLS INC (LAB) has a support level at 1.45. Check the full technical report for our detailed analysis of LAB support and resistance levels.