LAMAR ADVERTISING CO-A (LAMR) Stock Technical Analysis
NASDAQ:LAMR - Nasdaq - US5128161099 - REIT - Currency: USD
Taking everything into account, LAMR scores 8 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
LAMR is part of the Specialized REITs industry. There are 30 other stocks in this industry. LAMR outperforms 86% of them.
When compared to the yearly performance of all other stocks, LAMR outperforms 57% of them, which is more or less in line with the market.
LAMR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LAMR is lagging the market.
In the last month LAMR has a been trading in the 118.07 - 129.78 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.
LAMR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 125.28, a Stop Loss order could be placed below this zone.
More info and screens
101.40
139.50
We found 4 important support areas.
- A support zone ranging from 122.90 to 125.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 119.26 to 120.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @110.06 from a trend line in the weekly time frame.
- Support @102.42 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @126.51 from a trend line in the daily time frame.
- A resistance zone ranging from 134.99 to 138.12. 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 | 57.69 | 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 | MIXED | The current price of LAMR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.8 | NEUTRAL | The RSI value for LAMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests LAMR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.85 | NEUTRAL | The Stochastics value for LAMR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for LAMR suggests some volalility. |
| Average Directional Index/ADX (14) | 18.7 | 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)
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 |
|---|---|---|---|
| 126.52 | 122.89 | 3.63 (2.87%) | 25.00% |
| An entry @126.52. This is a Buy Stop order right above the resistance zone. | An exit @122.89. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.63 points, which is 2.87%. | For a 0.72% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LAMR. Please evaluate whether better entry and exit points can be found.
- 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.
125.51
+0.4 (+0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg0.32%
1 Week0.16%
2 Weeks0.95%
1 Month5%
3 Month15.16%
6 Month0.21%
12 Month4.68%
2 Year27.16%
3 Year24.19%
5 Year90.95%
10 Year109.01%
15 Year358.9%
Volatility
ATR(14)2.9
ATR(20)%2.22%
ATR Inc-21.23%
Range Today1.94
ADR(20)2.78
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.69
Mansfield-0.59
10 Day High129.78
10 Day Low121.89
20 Day High129.78
20 Day Low118.07
52 Week High139.88
52 Week Low99.84
CS1 End125.28
CR1 Start126.51
Volume & EV
DER(3)-0.21%
DER(5)0.82%
Volume324.10K
Volume Incr-43.54%
Vol(5)323.24K
Vol(50)567.57K