LAMAR ADVERTISING CO-A (LAMR) Technical Analysis
NASDAQ:LAMR • US5128161099
Overall LAMR gets a technical rating of 8 out of 10. Although LAMR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- LAMR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so LAMR is leading the market.
- LAMR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- 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 57% of all stocks.
- LAMR is part of the Specialized REITs industry. There are 28 other stocks in this industry, LAMR did better than 59% of them.
Besides having an excellent technical rating, LAMR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 136.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 131.64, a Stop Loss order could be placed below this zone.
More info and screens
114.94
When analyzing the support we can see 3 important areas.
- A support zone ranging from 129.48 to 131.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 124.11 to 126.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @116.10 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 136.65 to 139.19. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 57.54 | 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) | 56.03 | NEUTRAL | The RSI value for LAMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests LAMR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.64 | OVERBOUGHT | The high Stochastics value suggests LAMR may be overbought. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for LAMR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.57 | 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 |
|---|---|---|---|
| 139.20 | 129.73 | 9.47 (6.80%) | 14.70% |
| An entry @139.20. This is a Buy Stop order right above the resistance zone. | An exit @129.73. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 9.47 points, which is 6.80%. | For a 1.00% total portfolio risk, you can invest 14.70% 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.
LAMR Technicals: Chart, Performance Metrics, Trend & Indicators
136.04
-2.42 (-1.75%)
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 56.0301. 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 0.232747, 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 131.64 and a resistance level at 136.65. Check the full technical report for our detailed analysis of LAMR support and resistance levels.