CS DISCO INC (LAW) Stock Technical Analysis
NYSE:LAW - New York Stock Exchange, Inc. - US1263271058 - Common Stock - Currency: USD
Overall LAW gets a technical rating of 3 out of 10. In the past year, LAW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
86% of all other stocks performed better in the past year than LAW.
LAW is part of the Software industry. There are 284 other stocks in this industry, of which 71% are performing better than LAW.
LAW is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LAW is lagging the market.
In the last month LAW has a been trading in the 3.81 - 4.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
LAW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 3.86, a Stop Loss order could be placed below this zone.
More info and screens
3.80
6.20
When analyzing the support we notice one important area.
- A support zone ranging from 3.84 to 3.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 7 important areas.
- A resistance zone ranging from 4.09 to 4.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.31 from a trend line in the daily time frame.
- A resistance zone ranging from 4.46 to 4.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.56 from a horizontal line in the daily time frame.
- Resistance @5.26 from a trend line in the weekly time frame.
- Resistance @5.82 from a trend line in the weekly time frame.
- Resistance @6.14 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for LAW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LAW is neutral. |
| ChartMill Relative Strength | 14.92 | NEGATIVE | LAW has a low relative strength, it was outperformed by 85.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LAW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LAW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LAW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.38 | NEUTRAL | The RSI value for LAW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LAW has a negative trend. |
| Stochastics (14,3) | 44.95 | NEUTRAL | The Stochastics value for LAW is a neutral value. |
| Average True Range in percent/ATR (20) | 4.06 | MEDIUM VOLATILITY | The ATR as a percentage value for LAW suggests some volalility. |
| Average Directional Index/ADX (14) | 23.64 | NEUTRAL | The ADX value for LAW suggests a possible start of a new 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)
4.09
-0.11 (-2.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.62%
1 Week-4.22%
2 Weeks-1.68%
1 Month4.87%
3 Month-8.5%
6 Month-21.35%
12 Month-29.73%
2 Year-50.24%
3 Year-77.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%4.06%
ATR Inc8.35%
Range Today0.18
ADR(20)0.16
ADR(20)%3.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.92
Mansfield-2.23
10 Day High4.5
10 Day Low4.02
20 Day High4.5
20 Day Low3.81
52 Week High6.64
52 Week Low3.31
CS1 End3.86
CR1 Start4.09
Volume & EV
DER(3)0.92%
DER(5)-1.03%
Volume182.90K
Volume Incr72.67%
Vol(5)235.52K
Vol(50)125.88K