NLIGHT INC (LASR) Stock Technical Analysis
NASDAQ:LASR - US65487K1007 - Common Stock
28.8 USD
-1.03 (-3.45%)
29.0494 USD
+0.25 (+0.87%)
Overall LASR gets a technical rating of 10 out of 10. 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!
Looking at the yearly performance, LASR did better than 97% of all other stocks. We also observe that the gains produced by LASR over the past year are nicely spread over this period.
LASR is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry. LASR outperforms 89% of them.
A new 52 week high is currently being made by LASR, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month LASR has a been trading in the 19.45 - 30.00 range, which is quite wide. It is currently trading near the high of this range.
Although LASR has an excellent technical rating, it does not present a decent entry opportunity 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
20.67
29.09
3 important support areas can be observed.
- A support zone ranging from 25.96 to 26.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @22.56 from a trend line in the daily time frame.
- Support @20.88 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 | 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 | 97.2 | POSITIVE | LASR has a high relative strength, it outperformed 97.2% 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) | 66.86 | NEUTRAL | The RSI value for LASR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests LASR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.93 | OVERBOUGHT | The high Stochastics value suggests LASR may be overbought. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for LASR suggests high volalility. |
| Average Directional Index/ADX (14) | 42.09 | POSITIVE | The high ADX value value for LASR suggests a strong 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)
28.8
-1.03 (-3.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-3.45%
1 Week2.67%
2 Weeks10.01%
1 Month43.21%
3 Month90.35%
6 Month214.07%
12 Month141.21%
2 Year152.41%
3 Year130.58%
5 Year23.29%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.47
ATR(20)%5.8%
ATR Inc-18.05%
Range Today1.82
ADR(20)1.45
ADR(20)%5.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.2
Mansfield10.21
10 Day High30
10 Day Low24.87
20 Day High30
20 Day Low19.45
52 Week High30
52 Week Low6.2
CS1 End26.09
CR1 StartN/A
Volume & EV
DER(3)4.11%
DER(5)3.6%
Volume895.70K
Volume Incr0.67%
Vol(5)1.12M
Vol(50)912.05K