LAMAR ADVERTISING CO-A (LAMR) Stock Technical Analysis
NASDAQ:LAMR - Nasdaq - US5128161099 - REIT - Currency: USD
Overall LAMR gets a technical rating of 5 out of 10. LAMR has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
In the last month LAMR has a been trading in the 113.05 - 122.67 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, LAMR turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
LAMR is an average performer in the Specialized REITs industry, it outperforms 58% of 30 stocks in the same industry.
LAMR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LAMR is lagging the market slightly.
Although the technical rating is only medium, LAMR does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
101.33
137.52
When analyzing the support we can see 4 important areas.
- A support zone ranging from 116.33 to 119.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @108.72 from a trend line in the weekly time frame.
- Support @105.03 from a horizontal line in the weekly time frame.
- A support zone ranging from 102.35 to 102.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 120.46 to 125.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @127.63 from a trend line in the daily time frame.
- A resistance zone ranging from 135.58 to 136.16. 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 | NEUTRAL | NEUTRAL | The long term trend for LAMR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LAMR is neutral. |
| ChartMill Relative Strength | 61.9 | 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) | DOWN | NEGATIVE | The current price of LAMR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.63 | NEUTRAL | The RSI value for LAMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests LAMR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.29 | NEUTRAL | The Stochastics value for LAMR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for LAMR suggests low volalility. |
| Average Directional Index/ADX (14) | 11.32 | NEGATIVE | The low ADX value for LAMR 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)
120.09
+0.3 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg0.25%
1 Week-1.12%
2 Weeks-0.01%
1 Month4.51%
3 Month8%
6 Month-2.36%
12 Month2.37%
2 Year21%
3 Year36.51%
5 Year79.88%
10 Year108.93%
15 Year389.76%
Volatility
ATR(14)1.98
ATR(20)%1.73%
ATR Inc13.33%
Range Today2.36
ADR(20)1.99
ADR(20)%1.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.9
Mansfield-0.54
10 Day High122.67
10 Day Low117.89
20 Day High122.67
20 Day Low113.05
52 Week High139.88
52 Week Low99.84
CS1 End119.73
CR1 Start120.46
Volume & EV
DER(3)-1.9%
DER(5)-0.82%
Volume981.40K
Volume Incr16.82%
Vol(5)552.36K
Vol(50)648.88K