LAWSON PRODUCTS INC (LAWS) Technical Analysis
NASDAQ:LAWS • US5207761058
Current stock price
LAWS Technical Rating and Analysis
Taking everything into account, LAWS scores 2 out of 10 in our technical rating. In the past year, LAWS 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.
- When comparing the yearly performance of all stocks, LAWS is a bad performer in the overall market: 68% of all stocks are doing better.
- LAWS is one of the lesser performing stocks in the Trading Companies & Distributors industry. 60% of 46 stocks in the same industry do better.
- LAWS 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.
- Warning: LAWS has an average volume of 18278 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month LAWS has a been trading in the 33.92 - 41.47 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
LAWS Weekly and Daily overview Charts
LAWS Setup Rating and Analysis
LAWS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 38.41, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LAWS in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
LAWS Support and Resistance Analysis
34.42
2 important support areas can be observed.
- A support zone ranging from 37.75 to 38.41. 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 34.77 to 35.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @41.16 from a horizontal line in the daily time frame.
- Resistance @49.61 from a horizontal line in the daily time frame.
- Resistance @51.41 from a trend line in the weekly time frame.
LAWS 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 | DOWN | NEGATIVE | The long term trend for LAWS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LAWS is up. |
| ChartMill Relative Strength | 32.54 | NEUTRAL | LAWS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LAWS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LAWS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LAWS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.02 | NEUTRAL | The RSI value for LAWS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests LAWS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.24 | OVERBOUGHT | The high Stochastics value suggests LAWS may be overbought. |
| Average True Range in percent/ATR (20) | 4.5 | MEDIUM VOLATILITY | The ATR as a percentage value for LAWS suggests some volalility. |
LAWS Chart- and CandleStick Pattern Analysis
LAWS Technicals: Chart, Performance Metrics, Trend & Indicators
40.42
-0.73 (-1.77%)
LAWSON PRODUCTS INC / LAWS TA FAQ
What is the technical rating for LAWS stock?
ChartMill assigns a technical rating of 2 / 10 to LAWS.
Can you provide the trend direction for LAWSON PRODUCTS INC?
The current trend direction for LAWSON PRODUCTS INC (LAWS) is Bearish.
What is the RSI signal for LAWS stock?
LAWSON PRODUCTS INC (LAWS) has an RSI value of 58.0217. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LAWSON PRODUCTS INC?
The MACD indicator for LAWSON PRODUCTS INC (LAWS) has a value of 0.471515, indicating a bearish trend.
What are the support and resistance levels for LAWSON PRODUCTS INC (LAWS) stock?
LAWSON PRODUCTS INC (LAWS) has a support level at 38.41 and a resistance level at 41.16. Check the full technical report for our detailed analysis of LAWS support and resistance levels.