NLIGHT INC (LASR) Technical Analysis
NASDAQ:LASR • US65487K1007
Current stock price
71.56 USD
+1.61 (+2.3%)
At close:
72.8 USD
+1.24 (+1.73%)
After Hours:
LASR Technical Rating and Analysis
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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, LASR did better than 99% 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 124 other stocks in this industry. LASR outperforms 99% of them.
- LASR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so LASR is leading the market.
- In the last month LASR has a been trading in the 53.50 - 72.90 range, which is quite wide. It is currently trading near the high of this range.
- LASR has an average volume of 1789520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LASR Weekly and Daily overview Charts
LASR Setup Rating and Analysis
LASR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
LASR Support and Resistance Analysis
27.98
72.28
We found 4 important support areas.
- A support zone ranging from 65.08 to 65.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @53.54 from a trend line in the daily time frame.
- Support @39.00 from a trend line in the daily time frame.
- Support @28.26 from a horizontal line in the daily time frame.
LASR Technical Indicator Signal Analysis
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 | 99.66 | POSITIVE | LASR has a high relative strength, it outperformed 99.66% 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) | 60.93 | NEUTRAL | The RSI value for LASR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests LASR has a positive trend. |
| Stochastics (14,3) | 76.88 | NEUTRAL | The Stochastics value for LASR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.71 | HIGH VOLATILITY | The high ATR as a percentage value for LASR suggests high volalility. |
| Average Directional Index/ADX (14) | 32.77 | POSITIVE | The high ADX value value for LASR suggests a strong trend. |
LASR Chart- and CandleStick Pattern Analysis
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)
LASR Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 72.91 | 65.07 | 7.84 (10.75%) | 9.30% |
| An entry @72.91. This is a Buy Stop order right above the 10 day high. | An exit @65.07. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.84 points, which is 10.75%. | For a 1.00% total portfolio risk, you can invest 9.30% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LASR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LASR Technicals: Chart, Performance Metrics, Trend & Indicators
71.56
+1.61 (+2.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.3%
1 Week0.59%
2 Weeks12.18%
1 Month24.15%
3 Month82.55%
6 Month145.66%
12 Month800.13%
2 Year450.46%
3 Year602.95%
5 Year120.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.81
ATR(20)%8.71%
ATR Inc-25.8%
Range Today4.07
ADR(20)5.59
ADR(20)%7.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.66
3 months CRS98.72
6 months CRS98.93
Mansfield13.31
10 Day High72.9
10 Day Low61.25
20 Day High72.9
20 Day Low53.5
52 Week High72.9
52 Week Low6.2
CS1 End65.76
CR1 StartN/A
Volume & EV
DER(3)0.72%
DER(5)0.3%
Volume1.42M
Volume Incr-6.04%
Vol(5)2.19M
Vol(50)1.79M
NLIGHT INC / LASR TA 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 60.9329. This indicates that the stock is currently neutral.
What is the MACD signal for NLIGHT INC (LASR) stock?
The MACD indicator for NLIGHT INC (LASR) has a value of 0.0668062, 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.