NLIGHT INC (LASR) Stock Technical Analysis
USA - NASDAQ:LASR - US65487K1007 - Common Stock
We assign a technical rating of 10 out of 10 to LASR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LASR is showing a nice and steady performance.
LASR has an excellent technical rating, but the quality of the setup is only medium 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
4 important support areas can be observed.
- A support zone ranging from 32.04 to 33.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.44 to 30.87. 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 29.42 to 29.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 97.33 | POSITIVE | LASR has a high relative strength, it outperformed 97.33% 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) | 53.49 | NEUTRAL | The RSI value for LASR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests LASR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.69 | NEUTRAL | The Stochastics value for LASR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.51 | HIGH VOLATILITY | The high ATR as a percentage value for LASR suggests high volalility. |
| Average Directional Index/ADX (14) | 13.62 | NEGATIVE | The low ADX value for LASR suggests a weak or negative trend. |
33.26
-1.52 (-4.37%)
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 current trend direction of NLIGHT INC (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 53.4947. This indicates that the stock is currently neutral.
What is the short term momentum for LASR stock?
The short term momentum for NLIGHT INC (LASR) is positive.
Can you provide the support and resistance levels for NLIGHT INC?
NLIGHT INC (LASR) has a support level at 33.25. Check the full technical report for our detailed analysis of LASR support and resistance levels.