Taking everything into account, LASR scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, LASR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that LASR is one of the better performing stocks in the market, outperforming 98% of all stocks.
- LASR is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 94% of 125 stocks in the same industry.
- LASR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LASR is lagging the market slightly.
- In the last month LASR has a been trading in the 34.28 - 46.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although LASR has an excellent technical rating, it does not offer a high quality setup 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
27.98
When analyzing the support we can see 4 important areas.
- Support @37.50 from a horizontal line in the daily time frame.
- Support @34.02 from a trend line in the daily time frame.
- Support @30.15 from a trend line in the daily time frame.
- Support @28.26 from a horizontal 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 | UP | POSITIVE | The long term trend for LASR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LASR is up. |
| ChartMill Relative Strength | 98.68 | POSITIVE | LASR has a high relative strength, it outperformed 98.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LASR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LASR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LASR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.96 | OVERBOUGHT | The high RSI value suggests LASR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests LASR has a positive trend. |
| Stochastics (14,3) | 77.14 | NEUTRAL | The Stochastics value for LASR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.62 | MEDIUM VOLATILITY | The ATR as a percentage value for LASR suggests some volalility. |
| Average Directional Index/ADX (14) | 17.75 | NEGATIVE | The low ADX value for LASR suggests a weak or negative trend. |
43.17
+0.45 (+1.05%)
NLIGHT INC / LASR FAQ
What is the ChartMill technical rating of NLIGHT INC (LASR) stock?
ChartMill assigns a technical rating of 10 / 10 to LASR.
What is the trend direction for LASR stock?
The current trend direction for NLIGHT INC (LASR) is Bullish.
What is the RSI signal for NLIGHT INC (LASR) stock?
NLIGHT INC (LASR) has an RSI value of 70.964. This indicates that the stock is currently overbought.
What is the MACD signal for NLIGHT INC (LASR) stock?
The MACD indicator for NLIGHT INC (LASR) has a value of 0.23961, indicating a bearish trend.
What is the buy/sell signal for NLIGHT INC (LASR) stock?
The buy/sell signal for NLIGHT INC (LASR) is buy as both the short term and long term trends are positive.