CS DISCO INC (LAW) Stock Technical Analysis
NYSE:LAW - New York Stock Exchange, Inc. - US1263271058 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to LAW. LAW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, LAW is a bad performer in the overall market: 81% of all stocks are doing better.
LAW is part of the Software industry. There are 282 other stocks in this industry, of which 67% are performing better than LAW.
LAW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month LAW has a been trading in the 3.92 - 4.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LAW has a poor technical rating and the quality of the setup is also 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
4.02
6.20
We found 1 important support area.
- A support zone ranging from 4.06 to 4.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @4.47 from a trend line in the daily time frame.
- A resistance zone ranging from 4.55 to 4.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.80 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 | NEUTRAL | NEUTRAL | The long term trend for LAW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LAW is neutral. |
| ChartMill Relative Strength | 19.25 | NEGATIVE | LAW has a low relative strength, it was outperformed by 80.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LAW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LAW is below 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) | 42.57 | NEUTRAL | The RSI value for LAW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LAW has a negative trend. |
| Stochastics (14,3) | 40.04 | NEUTRAL | The Stochastics value for LAW is a neutral value. |
| Average True Range in percent/ATR (20) | 4.35 | MEDIUM VOLATILITY | The ATR as a percentage value for LAW suggests some volalility. |
| Average Directional Index/ADX (14) | 21.47 | 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)
4.08
-0.18 (-4.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-4.23%
1 Week-10.13%
2 Weeks-7.9%
1 Month-4.45%
3 Month16.24%
6 Month-17.07%
12 Month-25.14%
2 Year-58.11%
3 Year-83.37%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%4.35%
ATR Inc-5.13%
Range Today0.21
ADR(20)0.17
ADR(20)%4.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.25
Mansfield-2.42
10 Day High4.72
10 Day Low4.08
20 Day High4.72
20 Day Low3.93
52 Week High6.64
52 Week Low3.31
CS1 End4.07
CR1 Start4.47
Volume & EV
DER(3)-3.12%
DER(5)-4.6%
Volume84.00K
Volume Incr-51.41%
Vol(5)106.92K
Vol(50)164.12K