LASER PHOTONICS CORP (LASE) Stock Technical Analysis
NASDAQ:LASE • US51807Q1004
We assign a technical rating of 0 out of 10 to LASE. LASE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, LASE is a bad performer in the overall market: 99% of all stocks are doing better.
- LASE is part of the Machinery industry. There are 130 other stocks in this industry, of which 93% are performing better than LASE.
- LASE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- LASE has an average volume of 1605700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month LASE has a been trading in the 0.38 - 2.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LASE has a poor technical rating and the quality of the setup is also not perfect 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
1.02
2 important resistance areas can be observed.
- Resistance @1.71 from a trend line in the daily time frame.
- Resistance @1.96 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for LASE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LASE is down. |
| ChartMill Relative Strength | 1.95 | NEGATIVE | LASE has a low relative strength, it was outperformed by 98.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LASE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LASE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LASE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.59 | NEUTRAL | The RSI value for LASE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests LASE has a positive trend. |
| Stochastics (14,3) | 55.93 | NEUTRAL | The Stochastics value for LASE is a neutral value. |
| Average True Range in percent/ATR (20) | 20.18 | HIGH VOLATILITY | The high ATR as a percentage value for LASE suggests high volalility. |
| Average Directional Index/ADX (14) | 42.88 | POSITIVE | The high ADX value value for LASE suggests a strong trend. |
1.03
+0.11 (+11.82%)
LASER PHOTONICS CORP / LASE FAQ
Can you provide the ChartMill technical rating for LASER PHOTONICS CORP?
ChartMill assigns a technical rating of 0 / 10 to LASE.
Can you provide the trend direction for LASER PHOTONICS CORP?
The current trend direction for LASER PHOTONICS CORP (LASE) is Bearish.
What is the RSI signal for LASER PHOTONICS CORP (LASE) stock?
LASER PHOTONICS CORP (LASE) has an RSI value of 41.5883. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LASER PHOTONICS CORP?
The MACD indicator for LASER PHOTONICS CORP (LASE) has a value of 0.0650763, indicating a bearish trend.
What is the buy/sell signal for LASER PHOTONICS CORP (LASE) stock?
The buy/sell signal for LASER PHOTONICS CORP (LASE) is sell as both the short term and long term trends are negative.