LAMAR ADVERTISING CO-A (LAMR) Stock Technical Analysis
NASDAQ:LAMR • US5128161099
We assign a technical rating of 8 out of 10 to LAMR. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LAMR is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- LAMR is one of the better performing stocks in the Specialized REITs industry, it outperforms 70% of 28 stocks in the same industry.
- LAMR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month LAMR has a been trading in the 124.56 - 138.70 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, LAMR outperforms 59% of them, which is more or less in line with the market.
- Volume is considerably higher in the last couple of days.
LAMR has an excellent technical rating, but the quality of the setup is only medium 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
122.87
We found 1 important support area.
- A support zone ranging from 124.11 to 133.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 137.75 to 137.75. 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 LAMR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LAMR is up. |
| ChartMill Relative Strength | 59.46 | NEUTRAL | LAMR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LAMR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LAMR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LAMR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.62 | NEUTRAL | The RSI value for LAMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests LAMR has a positive trend. |
| Stochastics (14,3) | 83.57 | OVERBOUGHT | The high Stochastics value suggests LAMR may be overbought. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for LAMR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.1 | NEGATIVE | The low ADX value for LAMR suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 137.76 | 126.61 | 11.15 (8.09%) | 12.36% |
| An entry @137.76. This is a Buy Stop order right above the resistance zone. | An exit @126.61. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 11.15 points, which is 8.09%. | For a 1.00% total portfolio risk, you can invest 12.36% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
137.74
+2.03 (+1.5%)
LAMAR ADVERTISING CO-A / LAMR FAQ
What is the ChartMill technical rating of LAMAR ADVERTISING CO-A (LAMR) stock?
ChartMill assigns a technical rating of 8 / 10 to LAMR.
What is the trend direction for LAMR stock?
The current trend direction for LAMAR ADVERTISING CO-A (LAMR) is Bullish.
What is the RSI signal for LAMAR ADVERTISING CO-A (LAMR) stock?
LAMAR ADVERTISING CO-A (LAMR) has an RSI value of 65.6152. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LAMAR ADVERTISING CO-A?
The MACD indicator for LAMAR ADVERTISING CO-A (LAMR) has a value of 0.414022, indicating a bearish trend.
What are the support and resistance levels for LAMAR ADVERTISING CO-A (LAMR) stock?
LAMAR ADVERTISING CO-A (LAMR) has a support level at 133.95 and a resistance level at 137.75. Check the full technical report for our detailed analysis of LAMR support and resistance levels.