NLIGHT INC (LASR)

US65487K1007 - Common Stock

12.75  +0.11 (+0.87%)

Technical Rating and Analysis

1

Taking everything into account, LASR scores 1 out of 10 in our technical rating. LASR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, LASR outperforms 62% of them, which is more or less in line with the market.
LASR is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 66% of 128 stocks in the same industry.
LASR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LASR is lagging the market.
In the last month LASR has a been trading in the 12.04 - 13.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
LASR Weekly chart
LASR Daily chart
Setup Rating and Analysis

9

Although the technical rating is bad, LASR does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.63, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LASR in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

12.03

14.80

We found 2 important support areas.

  • A support zone ranging from 12.49 to 12.74. 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 12.15 to 12.16. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 13.13 to 13.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 14.19 to 14.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.05
Mansfield-1.04
10 Day High13.13
10 Day Low12.04
20 Day High13.67
20 Day Low12.04
52 Week High15.91
52 Week Low8.13
Performance
1 Week-0.86%
2 Weeks-3.81%
1 Month-1.71%
3 Month-6.37%
6 Month21.54%
12 Month24.17%
2 Year-27.1%
3 Year-60.99%
5 Year-43.27%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)46.51
LBB12.19
UBB13.14
LASR Daily chart

NLIGHT INC

NASDAQ:LASR (3/28/2024, 9:56:34 AM)

12.75

+0.11 (+0.87%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.87%
1 Week-0.86%
2 Weeks-3.81%
1 Month-1.71%
3 Month-6.37%
6 Month21.54%
12 Month24.17%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.43
ATR(20)%3.42%
ATR Inc
Range Today0.14
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High13.13
10 Day Low12.04
20 Day High13.67
20 Day Low12.04
52 Week High15.91
52 Week Low8.13
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.49K
Volume Incr-13%
Vol(5)178.46K
Vol(50)175.28K